Wednesday, June 23, 2021

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Securities Appellate Tribunal

‘We have no other money’, Prannoy Roy and Radhika Roy offer their NDTV shares as security in lieu of deposit against SEBI penalty

Supreme Court noted that Prannoy Roy and Radhika Roy must deposit some security against SEBI penalty, else SAT will not hear their appeal

SAT orders NDTV founders Prannoy Roy and wife Radhika to deposit 50% of disgorged amount in 4 weeks

The NDTV founders had filed an appeal against a SEBI order barring them from trading in the securities market for two years

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