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Supreme Court dismisses Amit Goenka’s plea against Bombay High Court order in Shirpur Gold case

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Supreme Court dismisses Amit Goenka’s plea against Bombay High Court order in Shirpur Gold case

The Supreme Court has rejected Amit Goenka's plea against the Bombay High Court's order to investigate alleged fund misappropriation at Shirpur Gold Refinery. Goenka, who is currently the president of Zee Entertainment Enterprises Ltd, was the non-executive chairman of Shirpur Gold Refinery. The Securities and Exchange Board of India had appointed KPMG as a forensic auditor in response to complaints of fund diversion. The Supreme Court upheld the High Court's decision to appoint KPMG and dismissed Goenka's petition. The investigation is related to loans allegedly siphoned off to companies controlled by Subhash Chandra and his family, who are associated with Essel Group, the owner of Zee Entertainment.

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