While setting aside the order, the tribunal also directed Goenka to cooperate with Sebi s probe against him. If any material comes out against Goenka during the course of the investigation, then the appropriate procedure can be adopted by the regulator in accordance with the law.
SAT sets aside SEBI s order; allows Punit Goenka to hold key managerial positions: Best Media Info bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.
Zee Entertainment Case: SAT Sets Aside SEBI Order Against Punit Goenka freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
In a major relief to Zee Entertainment Enterprises' promoter Punit Goenka, the Securities Appellate Tribunal on Monday quashed Sebi's order that had barred him from holding key managerial posts in the company and other group firms.