The Securities and Exchange Board of India (SEBI) is considering appealing to the Supreme Court against the Securities Appellate Tribunal s recent decision to lift the ban on Zee Entertainment s CEO, Punit Goenka, from serving on the boards of listed companies for a year. SEBI had imposed this ban due to allegations of fund misappropriation by Goenka and Essel Group Chairman Subhash Chandra Goenka.
India Business News: Securities Exchange Board of India (Sebi), in August, had barred Goenka and Zee Group Chairman Subhash Chandra from holding positions in Zee company b