Acalta Trading Co. Ltd.
Penalties and directions recorded
- Appeal Nos. 391 and 392 of 2016 dismissed, impugned AO orders upheld
- AO penalty of Rs 1,50,000 per appellant under Section 15HB upheld
SAT-appeal
- Failure to obtain SCORES authentication within stipulated time and failure to timely redress pending investor grievances, violating SEBI circulars read with SEBI Act.70 days delay condoned, Misc. Applications Nos. 319-320 of 2016 allowed · Appeal Nos. 391 and 392 of 2016 dismissed, impugned AO orders upheldAppeal: Misc. Apps 319-320/2016 allowed condoning 70 days delay; Appeal Nos. 391-392/2016 dismissed on 20.12.2016 with no costs
- Failure to obtain SCORES authentication within stipulated time and failure to timely redress pending investor grievances in violation of SEBI circulars.Delay of 70 days condoned; Misc. Applications Nos. 319 and 320 of 2016 allowed · Appeal Nos. 391 and 392 of 2016 dismissed with no order as to costsAppeal: Appeal Nos. 391 and 392 of 2016 against AO orders; 70 days delay condoned and appeals dismissed on 20.12.2016
Source: SecMarx — Acalta Trading Co. Ltd.. 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.