The SAT has set aside Sebi's directive that barred him from holding managerial or directorial posts in Zee and any of its merged entities, as part of its investigation into the fund-diversion case
He approached SAT, requesting that the SEBI order that barred him and Subhash Chandra from holding any directorial or managerial posts in any listed company, be set aside
Reports say that the bench reserved the order after hearing all the arguments
SAT has ruled that allegations that Founders Radhika and Prannoy Roy ceded control of NDTV through a personal loan is "wholly erroneous"