NDTV says SEBI order asking Prannoy and Radhika Roy to step down as directors 'bad in law'; duo to challenge market regulator in court

The Roy couple has also been barred from holding a board or key managerial position at any other listed company for one year, SEBI said while coming down heavily on them and RRPR Holdings Pvt Ltd for what it termed as violation of various regulations by keeping minority shareholders in the dark about three loan agreements.

from Firstpost India Latest News http://bit.ly/2WLqcEW