20 Microns Limited

7 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Appeals were heard and orders reserved
Held no penalty leviable for violation of Regulation 17(1A) LODR
Hard copies of the applications to be served on counsel for respondent during the course of the day on 14.12.2023

SAT-appeal

SAT matter SATV-123AA08B0C7293D53A5F5EC6
Exemption applications were allowed · Appeals were heard and orders reserved
Appeal: Appeal Nos. 845 and 846 of 2023 were heard by SAT on 22 November 2023; orders reserved.
Alleged non-compliance with Regulation 17(1A) for appointing Mr. Swaminathan Sivaram aged 75+ as additional non-executive independent director without prior special resolution.
Impugned BSE and NSE communications dated August 21, 2023 quashed · Appeals allowed with no order as to costs
Appeal: Appeal Nos. 845 and 846 of 2023 reserved on 22.11.2023, decided on 28.11.2023 - allowed
SAT matter SATV-CACF5485FDDB3096DFAC67EE
Misc. Application Nos. 1621 of 2023 and 1622 of 2023 dismissed as not pressed
Appeal: Misc. Application No. 1621/2023 in Appeal No. 845/2023 and Misc. Application No. 1622/2023 in Appeal No. 846/2023 dismissed as not pressed on 18.12.2023
SAT matter SATV-D69F1A5C7D241A111FE63131
Exemption applications allowed · Hearing concluded, order reserved
Appeal: Appeal No. 845 of 2023 and Appeal No. 846 of 2023 with Misc. Applications 1246-1247 of 2023 heard on 22.11.2023; order reserved
Alleged non-compliance of Regulation 17(1A) LODR for appointing Mr. Swaminathan Sivaram (aged 75+) as additional non-executive independent director without prior special resolution.
Impugned BSE and NSE communications dated 21.08.2023 quashed · Appeals allowed with no order as to costs
Appeal: Appeal Nos. 845 and 846 of 2023 allowed on 28.11.2023; BSE/NSE fines dated 21.08.2023 quashed
SAT matter SATV-449F4DE1EF69711266A318E1
Miscellaneous Application No. 1621 of 2023 dismissed as not pressed · Miscellaneous Application No. 1622 of 2023 dismissed as not pressed
Appeal: Misc. Applications Nos. 1621 and 1622 of 2023, in Appeals Nos. 845 and 846 of 2023, dismissed as not pressed on 18 December 2023
SAT matter SATV-F2F0BF5DC2500DA3A5770D71
List Misc. Application No.1621/2023 in Appeal No.845/2023 and Misc. Application No.1622/2023 in Appeal No.846/2023 on December 18, 2023 alongwith records · Hard copies of the applications to be served on counsel for respondent during the course of the day on 14.12.2023
Appeal: Misc. Application No.1621 of 2023 in Appeal No.845 of 2023 and Misc. Application No.1622 of 2023 in Appeal No.846 of 2023 pending before SAT; mentioned on 14.12.2023, next listing 18.12.2023, no disposal yet

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Source: SecMarx — 20 Microns Limited. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.