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Zee's plea against Sebi order: SAT adjourns hearing

The Securities & Exchange Board of India (Sebi) argued its action was not based on any prejudice towards Chandra and Goenka, but a necessary step against the promoters of Zee Entertainment Enterprises Ltd to protect investors and other stakeholders. ....

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Subhash Chandra | Securities and Exchange Board of India bars Subhash Chandra, son Punit Goenka from holding key posts

According to Sebi, Chandra and Goenka 'alienated the assets of Zee' and other listed companies of Essel group for benefit of associate entities, which are owned and controlled by them ....

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Zee-Sony merger | Fresh cloud over Zee-Sony merger, BSE and NSE may have to reconsider their approval

At a hearing on the merger before the NCLT for its approval, counsel for both BSE and NSE reportedly informed the tribunal that they have been asked by the Sebi to submit its April 25 order on Shirpur before the court ....

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ZEE-Sony merger could face another big test

A Sebi interim order could pose a hurdle in the merger talks between Zee and Sony as one of the Essel group companies is under the scanner for alleged diversion of funds. ....

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Zee down 6% on likely setback in merger with Sony

SEBI has instructed BSE and NSE to inform the NCLT of a recent order against Essel Group s Shirpur Gold Refinery. The NCLT is currently hearing the Zee-Sony merger case, which has been facing legal hurdles from various creditors seeking repayment from Zee s promoters ....

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