Abhijit Rajan

SAT-appeal

• SAT matter SATV-E69F39F59A34DABEF5E208EA
  Disposed in same terms as Appeal No. 32 of 2007 decided on 20.6.2008
  Appeal: Appeal No. 33 of 2007 decided on 20.6.2008
• Company funds routed via RSPL to promoter-controlled Nikhita and Devyani to subscribe to Gammon rights issue, aiding fraud on shareholders.
  Not to divest, transfer or alienate shareholding in Gammon Infrastructure Projects Ltd for 3 years from public issue allotment · Restrained from accessing capital market directly or indirectly for 1 year from order date; similar direction to RSPL
  Appeal: Appeal Nos. 32, 33 and 45 of 2007 decided on 20.06.2008 by SAT
• SAT matter SATV-F90ED8D25F95AB0AA5F30709
  SEBI permitted to pass final order on or before 13 July 2016 · If final order not passed and communicated to Respondent-Original Appellant by 13 July 2016, SEBI order dated 17 July 2014 shall end forthwith without reference to Tribunal
  Appeal: Misc. Application No.129 of 2016 in Appeal No.326 of 2015 disposed on 23 June 2016
• Insider trading by CMD selling 1,43,81,246 GIPL shares on 22 August 2013 while in possession of UPSI of cancellation of two shareholder agreements with Simplex Infrastructure, disclosed 3 September 2013, to avoid loss.
  Disgorgement of Rs 1.09 crores already deposited in escrow per SEBI impugned order under challenge