Affluence Fincon Service Pvt. Ltd.
Penalties and directions recorded
- Respondent permitted 24 hours to file written submissions
- Appellants directed to file an affidavit within 24 hours identifying movable and immovable assets that could be given as an undertaking
- Matter listed for delivery of orders on 7 September 2020
- Restrained from dealing in IAL scrip for 2 years
- Penalty of Rs.15 lakhs separately on each appellant
SAT-appeal
- SAT matter SATV-00A1F3F1588FE39F4C433BCAMatter adjourned due to connectivity problems · List the matter on 19 July 2022Appeal: Appeal No. 314 of 2021; order dated 21 June 2022 adjourned the matter and listed it for 19 July 2022
- SAT matter SATV-0F29AF89723E71950E3C9DCAList the appeal on 5 December 2022 · Parties to act on the digitally signed copy of the orderAppeal: Appeal No. 314 of 2021; order dated 17 October 2022 adjourned/listed for 5 December 2022
- SAT matter SATV-113D386D3E6E6D88B48A91D8Appeal adjourned due to non-availability of the bench · Matter listed for 24 June 2024Appeal: Appeal No. 314 of 2021 was adjourned on 3 April 2024 and listed for 24 June 2024; no disposal on merits stated.
- SAT matter SATV-1A100AC0C33498A028C28893List the appeal on 25 August 2022Appeal: Appeal No. 314 of 2021; order dated 19 July 2022; matter adjourned and listed on 25 August 2022
- SAT matter SATV-14043C2140A4190D2E17C8A5Respondent permitted 24 hours to file written submissions · Appellants directed to file an affidavit within 24 hours identifying movable and immovable assets that could be given as an undertakingAppeal: Appeal No. 269 of 2020 was heard; order reserved on 3 September 2020 and matter listed for delivery of orders on 7 September 2020
- SAT matter SATV-2851F38D2BC513EF520DAC5EBy consent, matter listed for 8 July 2024Appeal: Appeal No. 314 of 2021 was pending; by consent, listed on 8 July 2024
- Alleged insider trading in Infibeam Avenues Ltd (IAL) while in possession of UPSI about 1:10 stock split (Rs.10 to Rs.1) during 22 Nov 2016-26 Jun 2017.Restrained from accessing securities market for 1 year per WTM order 27 Apr 2021 · Restrained from dealing in IAL scrip for 2 years
Source: SecMarx — Affluence Fincon Service Pvt. 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.