NDTV promoters move Supreme Court against SAT order
This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.
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NDTV logo. Photo: Wikimedia Commons
New Delhi Television (NDTV) on Tuesday announced that its promoters will move the Supreme Court against an order passed by the Securities Appellate Tribunal (SAT) asking them to pay Rs 5 crore as penalty for the alleged non-disclosure of loan agreements. This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.
Topics : NDTV Supreme Court