SAT modifies whole-time member order in Zee case
As per reports, SAT has said that in case no WTM was available an officer of higher grade could hear the matter
The Securities Appellate Tribunal (SAT) has modified its earlier order in the Zee case and asked Sebi to appoint another whole-time member for the hearing.
According to news channels, SAT has said in case no WTM was available an officer higher in grade or rank could hear the matter.
SAT had earlier refused to grant an interim stay on Sebi's order against Subhash Chandra and Punit Goenka.