Adjudicating Officer, SEBI

SAT-appeal

• SAT matter SATV-3EFECD7C484F7C91BA23BD42
  Appeal No. 90 of 2019 dismissed for want of prosecution · Appeal No. 91 of 2019 dismissed for want of prosecution
  Appeal: Appeal Nos. 90 and 91 of 2019 dismissed for want of prosecution on 05 March 2020; counsel for appellants was absent.
• SAT matter SATV-6823A9C14AF9C632839F7D01
  Dismissed for want of prosecution as no one appeared to press the appeal
  Appeal: Misc. Application No. 101 of 2019 in Appeal (L) No. 285 of 2018 dismissed for want of prosecution on 05.04.2019
• SAT matter SATV-3FE1B65816D46353D6991CB3
  Review Application No. 7 of 2022 dismissed · SAT order dated 17 February 2022 not reviewed
  Appeal: Review Application No. 7 of 2022 in Appeal No. 73 of 2022 dismissed on 27 April 2022; no error found in SAT order dated 17 February 2022
• Failure by the appellants to make required disclosures to stock exchanges after acquisition of shares in Murli Industries Ltd., when their holdings reached 5.22%, marginally exceeding the 5% threshold.
  Impugned SEBI orders upheld with modification. · Penalty reduced to Rs 1 lakh for each appellant.
  Appeal: Appeal Nos. 201, 202, 203, 204 and 205 of 2013 were partly allowed by common SAT order dated 15 January 2014.
• Appellant claimed NHAI must pay interest from 1 Jan 2013 to 31 Dec 2018 for retaining maturity proceeds of bonds matured on 30 Dec 2012 but redeemed belatedly on 2 Jan 2019.
  Appeal dismissed with no order as to costs · SCORES rejection dated 4 July 2019 upheld; no liability on NHAI to pay post-maturity interest
  Appeal: Appeal No. 593 of 2019 decided on 16.04.2021; appeal dismissed with no order as to costs
• SAT matter SATV-F1D5F90154D97EE111BB7AD6
  Dismissed for want of prosecution as no one appeared to press appeal
  Appeal: Misc. Application No. 109 of 2019 in Appeal (L) No. 293 of 2018 dismissed for want of prosecution on 05.04.2019
• SAT matter SATV-67D1DB057BB4C372C70C6C28
  Appeal No. 102 of 2023 dismissed as withdrawn · Pending interlocutory applications disposed of
  Appeal: Appeal No. 102 of 2023, filed against the AO SEBI order dated 28 November 2022, dismissed as withdrawn on 1 April 2025.
• SAT matter SATV-8A3CC0C6A150B994AB9C57D2
  Appeal dismissed for want of prosecution
  Appeal: Misc. Application No. 102 of 2019 in Appeal (L) No. 286 of 2018 dismissed for want of prosecution on 05.04.2019