Page 3 - Punit Goenka
SAT refuses to give interim relief to Punit Goenka, lists matter for Sep 8
The Securities Appellate Tribunal (SAT) has refused to give interim relief to Punit Goenka, former chief of Zee Entertainment Enterprises Ltd, against a Sebi order that barred him from holding key positions in four Zee group firms and in the merged entity of ZEEL and Sony Pictures Networks India. "After hearing the learned senior counsel for the parties at some length, we are of the opinion that the matter has to be decided finally. We, consequently, direct the respondent (Sebi) to file a reply by Monday, September 4, 2023," the bench of Presiding Officer Justice Tarun Agarwala and Technical Member Meera Swarup said in their order passed on Wednesday. The matter will be listed for final disposal on September 8, the appellate tribunal said in its order uploaded on its website on Thursday. Goenka moved SAT last week challenging capital markets regulator Sebi's confirmatory order passed on August 14. In its order, Sebi restrained Goenka and his father Subhash Chandra from holding the
 "SAT refuses to give interim relief to Punit Goenka, lists matter for Sep 8")
Punit Goenka appeals before SAT for relief from Sebi's Aug 14 order
The Zee Ent promoter has been barred holding key positions in four group firms and merged entity
 "Punit Goenka appeals before SAT for relief from Sebi's Aug 14 order")
Sebi bars Punit Goenka from holding key post in Zee-Sony merged entity
According to Sebi's order, Goenka will remain barred from holding key positions in the merged entity too
 "Sebi bars Punit Goenka from holding key post in Zee-Sony merged entity")
Zee Entertainment forms interim committee to run operations; shares up 6.3%
SAT directed SEBI to pass a final order by the middle of next month and asked Chandra and Goenka to defend themselves before the regulator
 "Zee Entertainment forms interim committee to run operations; shares up 6.3%")
SAT dismisses plea by Zee's ex-chairman Chandra, CEO Goenka over Sebi ban
An Indian tribunal on Monday dismissed an appeal by former Zee Group Chairman Subhash Chandra and Zee Entertainment CEO Punit Goenka to lift the markets regulator's ban
 "SAT dismisses plea by Zee's ex-chairman Chandra, CEO Goenka over Sebi ban")
SAT rejects Zee Entertainment promoters' appeal against Sebi order
Tribunal directs founders to respond within two weeks; asks Sebi to appoint new WTM to probe the matter
Sebi asks law firm representing Zee founders against it to return briefs
Economic Laws Practice defended the founders of Zee Entertainment in a case against the regulator in the securities appellate tribunal
 "Sebi asks law firm representing Zee founders against it to return briefs")
LIVE: Supertech promotor RK Arora arrested by ED in money laundering case
Catch all the latest updates from across the globe here
 "LIVE: Supertech promotor RK Arora arrested by ED in money laundering case")
LIVE: Wagner head releases 11-min audio in 1st message since halting mutiny
Catch all the latest updates from across the globe here
 "LIVE: Wagner head releases 11-min audio in 1st message since halting mutiny")
Sony-Zee merger to go through, whether I'm CEO or not, says Punit Goenka
Goenka was set to become the merged entity's managing director and CEO, leading a $10 billion TV enterprise
Sony says it's taking Sebi allegations against Zee promoters 'seriously'
Goenka and Chandra have denied the charges and moved the Securities and Appellate Tribunal (SAT), asking it to stay the order where the matter is pending
 "Sony says it's taking Sebi allegations against Zee promoters 'seriously'")
Monitoring regulatory developments against Zee founder, CEO: Sony
Sony Pictures Entertainment on Wednesday said it took the India markets regulator's order banning Zee Entertainment founder and chief executive officer from holding board positions seriously
Zee Entertainment slips 7% to hit 52-week low amid heavy volumes
The stock quoted its lowest level since September 2021, with over three-fold jumped in average trading volumes
Top headlines: Byju's sacks staff, Zee Ent terms Sebi's order unjustified
Business Standard brings you the top headlines at this hour
 "Top headlines: Byju's sacks staff, Zee Ent terms Sebi's order unjustified")
Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply
In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders
No immediate relief to Zee promoters as SAT refuses to stay Sebi order
Tribunal asks markets regulator to file reply within 48 hour, posts matter for June 19
Zee board to review Sebi order on Subhash Chandra and CEO Punit Goenka
The board is currently reviewing the detailed order and appropriate legal advice is being sought in order to take the next steps as required, Zee Entertainment Chairman R Gopalan said
ZEE slips 6% as Sebi bars Punit Goenka, Chandra from holding key positions
The matter pertains to a Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore
Top headlines: Sebi debars Chandra, Goenka; Skymet predicts bleak monsoon
Business Standard brings you the latest headlines at this hour
 "Top headlines: Sebi debars Chandra, Goenka; Skymet predicts bleak monsoon")
Sebi debars Subhash Chandra, Punit Goenka from holding key positions
Regulator passes interim order following allegations of fund diversion in Zee Entertainment and other Essel firms