Bharat Express

SAT

In its order passed in November 2023, the Securities Appellate Tribunal (SAT) affirmed Sebi's findings with respect to the first leg of the transaction about fraudulent activities in the GDR issuance.

As a pleasant news for Television Anchor Hemant Ghai, SAT lifts trading curbs on him. Earlier Securities and Exchange Board of India (SEBI)  had banned Ghai and family with the allegations of  indulging in fraudulent trading. Giving the second thought over the matter, now the SAT has set aside earlier directions by the SEBI. Thanking …