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SAT stays Sebi ban on Roys, NDTV; next hearing on September 16

Updated : June 18, 2019 11:15 PM IST

Coming down heavily on the Sebi for not giving a copy of the ban-order, issued last Friday to the Roys and the company even after so many days, SAT asked the markets watchdog to ensure that its orders are served to the aggrieved party first.
The tribunal gave Sebi six weeks to file its replies and three weeks to the appellants thereafter to file their rejoinders and listed the matter for hearing on September 16.
SAT stays Sebi ban on Roys, NDTV; next hearing on September 16

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