12/12/2024, 6:44:02 pm

SAT quashes SEBI's order against former PTC India CMD Mishra

SAT has quashed a Sebi order that restrained former PTC India CMD Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to alleged corporate governance lapses. The latest ruling came after Mishra approached SAT against SEBI's order on the grounds that he was 'not in charge' and responsible for the conduct of the business of the company.