Action Financial Services (India) Ltd.

SAT-appeal

• SAT matter SATV-2A10FD56CA757C21ABF4CB77
  Appeal withdrawn with liberty to file a fresh appeal after annexing relevant documents and incorporating additional grounds · Fresh appeal, if any, to be filed within two weeks from 25 August 2014
  Appeal: Appeal No. 234 of 2014 withdrawn on 25 August 2014 with liberty to file a fresh appeal; no disposal on merits stated
• Company funded preferential allottees to subscribe its own shares, falsely showing capital infusion to raise price and generate bogus LTCG.
  Appeal dismissed, AO penalty of Rs 5 lakh each confirmed · No order as to costs
  Appeal: Appeal No. 527 of 2019 dismissed on 07.04.2021
• SAT matter SATV-DF2056FEB034A53CC0B8AB61
  Permitted Appellant to withdraw Appeal No.325 of 2014 · Directed Appellant to pay penalty imposed under impugned order within four months from 08/03/2016
  Appeal: Appeal No.325 of 2014 disposed on 08/03/2016 as withdrawn with four months time to pay penalty
• SAT matter SATV-FEC160FFE410208CC3B47137
  Misc. Application No.595 of 2021 rejected as misconceived and not maintainable · No order as to costs
  Appeal: Appeal No.527 of 2019 dismissed on 7 April 2021; Misc. Application No.595 of 2021 rejected on 17 May 2021
• SAT matter SATV-63343801BC2D2ECCE39DE67E
  Appeal No. 83 of 2009 dismissed as withdrawn
  Appeal: Appeal No. 83 of 2009 dismissed as withdrawn on 16 July 2010
• Challenge to NSE refusal vide 6 Nov 2020 to refer investor-broker dues dispute to IGRC relying on SEBI circular dated 1 July 2020.
  Appeal disposed - IGRC referral relief denied · Liberty to appellant to file claim petition under stock exchange bye-laws
• SAT matter SATV-DA28C60B04F996BA8F156BD5
  Appeal dismissed as withdrawn keeping appellant's rights and contentions open · Interlocutory applications, if any, disposed of with no costs
  Appeal: Appeal No. 419 of 2022 dismissed as withdrawn on 22 September 2025