Punit Goenka Argues His Ouster Would Violate SEBI Regulations

There cannot be a time lag between directors’ appointments and approval of the Ministry of Information and Broadcasting, Senior Advocate Zal Andhyarujina appearing for Punit Goenka argued before the Bombay High Court on Thursday. And, that, removing Goenka from the company board would violate SEBI regulations. Goenka is managing director and chief executive officer of … Read more

Zee’s Arguments In Plea Against Bombay High Court Stay On EGM

Zee Entertainment Enterprises Ltd. concluded its arguments on Friday before the division bench of the Bombay High Court. The high court is hearing an appeal plea moved by Invesco Developing Markets Fund against the single judge’s order which granted an interim injunction in favour of Zee. The submissions were made before a division bench of … Read more