Adi Cooper

SAT-appeal

• GDR fraud: pledging GDR proceeds as security for EURAM Bank loan to Vintage FZE to fund subscription and concealing it while announcing successful subscription
  WTM restrained Adi Cooper and Kishore Hegde from securities market for 2 years and froze mutual funds · SAT held WTM finding against Adi Cooper misconceived, farfetched and unsustainable
  Appeal: Appeal Nos.124 and 300 of 2019 heard 22.10.2019 decided 05.11.2019; debarment of Adi Cooper not sustained
• GDR fraud: pledged GDR proceeds for Vintage FZE loan to subscribe own GDRs, concealed pledge/financing and misled exchange that GDRs successfully subscribed.
  WTM order 28.02.2019 restrained Adi Cooper and Kishore Hegde from securities market for 2 years and froze mutual funds · SAT held WTM finding against Adi Cooper under Sec 12A/PFUTP Reg 3-4 misconceived and unsustainable
  Appeal: Appeal Nos. 124 of 2019 and 300 of 2019 heard 22.10.2019 decided 05.11.2019; SAT held debarment of Adi Cooper unsustainable