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.
The securities appellate tribunal (SAT) on Thursday modified its earlier order (of July 10) and directed Sebi to appoint another whole-time member (WTM) for Punit Goenka and Subhash Chandra s hearing in the Zee case, reported ET NOW.