Tag: SAT

The Securities Appellate Tribunal (SAT) on Thursday said SEBI’s proceedings against Punit Goenka in the matter related to Zee appears to be a witch-hunt because some of the investigations carried out by the regulator may not be relevant. The Tribunal also asked SEBI if it will be able to complete the investigations in eight months or if the regulator will seek more time. Also read: Axis Finance challenges NCLT’s nod for Zee-Sony mergerEarlier, in a hearing on August 30, SAT had expressed unhappiness with the amount of time taken...