0107-2007 Sanjay Kumar Gupta vs Securities and Exchange Board of India

SAT · Final order

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through you would not have worked out unless you had the backing of the company. Thus you played an active role in facilitating the irregular preferential allotment process and subsequent stock market operations with the help of preferential allotment shares. The documents generated at your instance in the case of purported sale of allotments to Shivesh have been disputed by Shivesh. Similarly, in a number of cases, as detailed earlier, receipt of payments against the sale of allotments were received from the entities other than the ones to whom sale(s) were made at your instance. Yo

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI Appeal No. 107 of 2007 Date of decision : 8.7.2008 Sanjay Kumar Gupta …… Appellant Versus

Securities and Exchange Board of India …… Respondent Mr. Shyam Mehta Advocate with Joby Mathew and Zerick Dastur Advocates for Appellant Mr. Kumar Desai Advocate with Mr. Hitesh Mutha Advocate for Respondent Coram : Justice N.K. Sodhi, Presiding Officer Arun Bhargava, Member Utpal Bhattacharya, Member Per : Justice N.K. Sodhi, Presiding Officer Noticing unusual price movement in the scrip of Padmini Technologies

Source: SecMarx — 0107-2007 Sanjay Kumar Gupta vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.