Photo: Reddif.com
No Interim Relief For Zee CEO Punit Goenka In SEBI Case
The Securities Appellate Tribunal (SAT) has refused to provide interim relief to former Zee Entertainment CEO Punit Goenka in a SEBI case. On August 30, the media sources reported that the tribunal has given time to SEBI till September 4, asking them to file a reply on the matter. Furthermore, the next hearing will take place on September 8.
Tags: PUNIT GOENKA, ZEE ENTERTAINMENT, SEBI Case, Business News, SAT
Courtesy: Business Today
Photo: Twitter/YESBANK
Yes Bank's Petition Against Zee Entertainment Quashed by Bombay High Court
Yes Bank's plea for preventing Zee Entertainment Enterprises Ltd (ZEEL) from selling its assets was rejected by the Bombay HC on August 19. The petition had requested to bar ZEEL MD Punit Goenka from leaving the country as well. The case pertains to a 'letter of comfort' issued by Punit Goenka to Yes Bank as a guarantee against loan of over $50 Million, which was taken by a Zee subsidiary.
Tags: Yes Bank, ZEE ENTERTAINMENT, Bombay High Court, PUNIT GOENKA
Courtesy: LIVEMINT
