Tag: Fund Siphoning

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SAT to Hear Pleas from Chandra and Goenka on June 26.

Zee Entertainment's Punit Goenka and Essel Group's Subhash Chandra's plea challenging SEBI's order will be heard by the SAT on June 26. SEBI barred the two businessmen from holding senior positions citing siphoning of funds, but the businessmen called the allegation unjust. The outcome of the order will decide their fate, as well as that of the ZEE management.

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