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SAT reserves interim relief order in Zee, Punit Goenka-SEBI case - The Economic Times
The Securities Appellate Tribunal reserved its order on interim relief for Zee Entertainment and Punit Goenka. They are challenging a Securities and Exchange Board of India order which they deem punitive. Lawyers argued the order should not take effect until future resolutions are completed. These resolutions are for the company's overall benefit and future operations. Parties must file their replies and submissions within the next six weeks.
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Zee Entertainment Shares Jump 7% After SAT Grants Conditional Relief, Clears Fundraising Plan
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