Adroit Financial Services Pvt Ltd

SAT-appeal

• Dealer entered sell of 17 lakh NIFTY 50 units instead of Rs 17 lakh value creating Rs 980 cr order; appellant claimed material mistake seeking annulment, NSE rejected as gross negligence and lack of risk controls.
  NSE rejected annulment application dated 7 Oct 2012 vide order dated 29 Apr 2013 · NSE DAC imposed monetary penalty of Rs 25 lakh vide order dated 29 Oct 2012 holding trades were outcome of error
  Appeal: Appeal No.64 of 2013 with Appeal Nos.86-87 of 2013 and Misc.Appl.80-81 of 2014, reserved 11.7.2014, decided 26.8.2014 by common judgment
• SAT matter SATV-82CB49FECD796F670B4F900B
  Impugned WTM orders quashed and set aside and remanded to WTM for fresh order on merits and in accordance with law · All appeals disposed of with no order as to costs
  Appeal: Appeal Nos. 104,184,185,279,403,410,411,455,507 of 2015 and 30,43 of 2016 disposed on 10.02.2017 by quashing and remand
• Alleged unfair access to NSE co-location secondary server giving latency advantage in violation of SEBI Act and PFUTP Regs, with disgorgement of unlawful gain sought.
  Appeal: Appeals 116-120 of 2025 u/s 15T vs SCNs Aug-Sep 2023 and emails Jan-Feb 2025; heard and reserved 17 Dec 2025, pronounced 13 Feb 2026