Prannoy Roy told to deposit shares as security to securities tribunal

KT NEWS SERVICE. Dated: 1/29/2021 12:38:00 PM

NEW DELHI, Jan 28: The Supreme Court on Thursday ordered NDTV's Prannoy Roy to file a statement of shares, indicating their current market value, by Friday as security in lieu of the deposit ordered by the Securities Appellate Tribunal.
A Bench of Chief Justice Sharad Arvind Bobde and Justices A S Bopanna and V ramasubramanian ordered listing of appeals by Roy on February 1, directing him to serve the copies of appeals upon the respondents.
In his appeal, Roy has made his wife Radhika Roy as also one of the four respondents. Other respondents are: SEBI, BSE Limited and National Stock Exchange of India.

 

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