sebi:WTM/GM/EFD/16/2018-19

SEBI · SEBI · 2018-01-19 · G. Mahalingam, Whole Time Member

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Facts / Headnote

Rejected

Parties

• Abhijit Dutta

Holding

SEBI rejected Abhijit Dutta's request for permission to liquidate his securities and mutual fund holdings during the pendency of his SAT appeal and disposed of his representation without altering the earlier directions.

Full text

__________________________________________________________________________________ Order in the matter of RVHEL Page 2 of 3

__________________________________________________________________________________ Order in the matter of RVHEL Page 3 of 3

so far as it relates to disqualifying of the appellant from holding position as director or key managerial personnel of any listed company. Hon’ble SAT also made it clear that the appellant shall not seek any fresh appointment as director or key managerial personnel of any company till the disposal of the appeal. Hon’ble SAT granted liberty to the appellant to make a representation to SEBI seeking liquidation of his securities during the pendency of the appeal and further directed SEBI to consider the said application and pass appropriate order as expeditiously as possible. Accordingly, Abhijit Dutta (Applicant) vide application dated January 19, 2018 filed an application wherein he has inter alia submitted :-

Source: SecMarx — sebi:WTM/GM/EFD/16/2018-19. 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.