SAT reserves interim relief order in Zee, Punit Goenka-SEBI case

Mumbai: The Securities Appellate Tribunal (SAT) on Wednesday reserved its order on interim relief in an appeal filed by Zee Entertainment Enterprises and Punit Goenka, challenging the order of the capital markets regulator Securities & Exchange Board of India (Sebi).

The division bench comprising presiding officer Justice PS Dinesh Kumar and technical members Meera Swarup and Dheeraj Bhatnagar reserved its order on interim relief after hearing all the parties and directed them to file their replies and submissions within the next six weeks.