# Sebi gives Deloitte clean chit in Zee Entertainment audit case

2026-08-14T06:14:28+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Securities and Exchange Board of India (Sebi) investigated Deloitte Haskins & Sells over its role as Zee Entertainment’s auditor for an unauthorised 2018 property pledge, Livemint reports. The regulator effectively exonerated the audit firm in its 31 July order, ruling that disclosure responsibility rests with company management, not the auditor. Sebi barred Zee Entertainment from the securities market for two months and banned promoter Subhash Chandra and MD Punit Goenka for 12 months each. Deloitte had flagged the missing title deed in 2019 but was told the deed was with potential buyers. Zee has appealed to the Securities Appellate Tribunal, saying it needs to sell Rs 1,200 crore in mutual fund investments to fund operations.

## Coverage

- livemint.com <https://www.livemint.com/companies/news/sebi-deloitte-zeel-zee-entertainment-11786676326997.html>

Tags: auditor liability, corporate governance, Deloitte, market regulator, SEBI, Zee Entertainment
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