The Securities Appellate Tribunal (SAT) refused to provide an interim relief to former ZEE Enterprises chief, Punit Goenka, in Zee-SEBI case, reported ET NOW on Wednesday. It has given time to markets regulator, SEBI, till September 4, 2023, to file a reply on the matter. The next hearing has been scheduled for September 8, 2023.
The Securities Appellate Tribunal (SAT) on Wednesday directed the Securities & Exchange Board of India (Sebi) to file its response by September 4 in an appeal filed by Punit Goenka, the promoter of Zee Entertainment Enterprises Limited (ZEEL). The tribunal will now hear the matter on September 8, 2023.