SAT refuses to grant interim stay on SEBI's order on Zee chairman, CEO; Chandra, Goenka to file reply in 2 weeks
Dismissing an appeal, the Securities Appellate Tribunal on Monday refused to grant an interim stay on market regulator SEBI's order against Zee Entertainment's Subhash Chandra and Punit Goenka. a person aware of the development said on the condition of anonymity that the petitioners are expected to challenge the ruling in the Supreme Court.
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