Supreme Court Sets Aside SAT Order on Zee Preferential Issue

• Supreme Court sets aside SAT order, restores SEBI's directions against Zee entities for preferential issue violations.
• SEBI alleged Zee misused investor funds by issuing shares to related entities at non-arm's length prices.
• The court remands the matter back to SAT for fresh consideration on merits and interim relief.
• Key entities barred include Zee Entertainment, Essel Green Mobility, and Essel Corporate Resources.