Aksh Optifibre Ltd.

75 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Parties directed to obtain hearing-mode instructions from the Registrar 48 hours before the listed date
Matters listed for admission and final disposal on 1 February 2021
Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
Matters listed for admission and final disposal on 1 February 2021

SAT-appeal

SAT matter SATV-03C4A9CBC62AF282C9738F82
Three weeks granted to appellants to file rejoinder · Appeals listed for hearing on 24 February 2021
Appeal: Appeal Nos. 534 and 535 of 2019, 536 of 2019, and 438 to 440 of 2020 were pending; rejoinder time granted and matters listed on 24 February 2021.
SAT matter SATV-0565E6ADA5E4729783EC6A1A
Appeals 438, 439 and 440 of 2019 connected with Appeal 534 of 2019 · Respondent to file reply within three weeks
Appeal: Appeal Nos. 438, 439 and 440 of 2019 connected with Appeal No. 534 of 2019; Appeals 534, 535 and 536 of 2019 listed for consideration on 1 February 2021; no disposal on merits stated
SAT matter SATV-0AE00F96DCC9F5DD0F717F4F
Matter adjourned at the request of appellants' counsel · List the appeals on 1 October 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were adjourned on 24 August 2021 and listed for 1 October 2021; no final disposal stated
SAT matter SATV-0F323A70CC3F0FDDCF0C2F21
Matter adjourned on the appellants' request · List the appeals on 1 October 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were adjourned on 24 August 2021 and listed for 1 October 2021; no disposal on merits stated
SAT matter SATV-12C9AC6FC48BD0A2A9F99AF8
Appeal Nos. 438, 439 and 440 of 2019 connected with Appeal No. 534 of 2019 · Respondent to file reply within three weeks
Appeal: Appeal Nos. 438, 439, 440, 534, 535 and 536 of 2019 were pending; procedural directions issued on 24 December 2020 and matters listed for 1 February 2021
Fraudulent GDR issuance and misleading disclosures: the entire issue was subscribed by one entity using a loan secured by pledging GDR proceeds, without clear disclosure to investors, stock exchanges or shareholders.
WTM restrained Aksh Optifibre Ltd. and Kailash S. Choudhari from accessing the securities market for five years. · WTM restrained the other directors from accessing the securities market for six months.
Appeal: Appeal Nos. 534 and 535 of 2019, 438 to 440 of 2020; heard 28 January 2022 and decision dated 27 June 2022. Disposal outcome is not included in the provided text.
SAT matter SATV-1C59BC7044E8FBF8B3A2AE6C
Three weeks' further time granted in Appeal No. 438 of 2020 to file a rejoinder · Appeal No. 438 of 2020 listed on 5 April 2021
Appeal: Procedural order dated 24 February 2021 in Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020; Appeal No. 438 of 2020 adjourned to 5 April 2021
SAT matter SATV-1E797F4FE67936D3CDCED4D0
Matter adjourned on appellants' request · List the appeals on 1 October 2021
Appeal: Appeal Nos. 534, 535 and 536 of 2019 and Appeal Nos. 438, 439 and 440 of 2020 were adjourned; next listing fixed for 1 October 2021.
SAT matter SATV-1E2082034426D0FF2BBEAB93
Three weeks' further time granted in Appeal No. 438 of 2020 to file a rejoinder · Appeal No. 438 of 2020 listed on 5 April 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were before SAT; no disposal on merits recorded, and Appeal No. 438 of 2020 was listed for 5 April 2021
SAT matter SATV-1EECC6505A6D294A1A46976E
Matters listed on 20 April 2021 · Parties directed to obtain instructions from the Registrar 48 hours before the hearing date regarding video conference or physical hearing
Appeal: Appeal Nos. 534, 535 and 536 of 2019, and Appeal Nos. 438, 439 and 440 of 2020 were listed for 20 April 2021; no disposal on merits stated.
SAT matter SATV-24C161DB8D45496D3893F46C
Matter adjourned for six weeks to enable SEBI to decide settlement applications · SEBI to inform the Tribunal of its decision on the next date
Appeal: Appeal Nos. 534, 535 and 536 of 2019 and 438, 439 and 440 of 2020 were adjourned on 20 April 2021; settlement applications had been filed in two connected appeals and the matters were listed for 29 June 2021.
SAT matter SATV-1DEEB773B5EA50E23224975B
Matter adjourned for respondent's arguments on 28 January 2022 · Parties to obtain hearing-mode instructions from the Registrar 48 hours before 28 January 2022
Appeal: Appeal Nos. 534 and 535 of 2019, and 536, 438, 439 and 440 of 2020 were pending; listed for respondent's arguments on 28 January 2022.
SAT matter SATV-367937C5E15DD2246AEA1842
Matter adjourned for six weeks to enable SEBI to decide the settlement applications · SEBI to intimate the Tribunal on the next date regarding the settlement applications
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020; order dated 20 April 2021 adjourned matters to 29 June 2021
SAT matter SATV-338DA4D2E85C3AAE5B206B17
Matter adjourned for six weeks to enable SEBI to decide the settlement applications. · List the connected appeals on 29 June 2021.
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were pending; adjourned on 20 April 2021 and listed for 29 June 2021.
SAT matter SATV-34BFD0A99429F5257714033A
Matter adjourned on the appellants' request · List the matters on 25 January 2022
Appeal: Appeal Nos. 534, 535 and 536 of 2019 and Appeal Nos. 438, 439 and 440 of 2020 were adjourned; listed on 25 January 2022.
SAT matter SATV-2768D1FD4D96380C16D5AC77
Matter adjourned for six weeks to enable SEBI to decide settlement applications · List on June 29, 2021 with SEBI to intimate Tribunal of decision
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to June 29, 2021 for SEBI settlement decision
SAT matter SATV-41E85CA68A34405A64924EC8
Allowed three weeks further time to file rejoinder in Appeal No. 438 of 2020 · Listed all connected matters on April 5, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned and listed on April 5, 2021
SAT matter SATV-3C2AA7384531538B64E41E17
Three weeks granted to appellants to file rejoinder · Appeals listed for hearing on 24 February 2021
Appeal: Appeal Nos. 534, 535 and 536 of 2019 and Appeal Nos. 438, 439 and 440 of 2020; order dated 1 February 2021 granted time for rejoinder and listed matters on 24 February 2021; not disposed
SAT matter SATV-4300125C76047DEF9F3A6DE7
List Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 on December 02, 2021 · Parties to take instructions from Registrar 48 hours before date fixed on video conference or physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned vide order dated 25.10.2021 to 02.12.2021
SAT matter SATV-31682C86677EE7DCCA26BF17
List Appeal Nos. 534-536 of 2019 and 438-440 of 2020 on December 02, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned on 25.10.2021 and listed on December 02, 2021
SAT matter SATV-54BB5FDB2D56BF50A0D652B5
List matters on April 20, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to April 20, 2021 vide order dated 05.04.2021
SAT matter SATV-4768F3188A3435559FD13D0A
Adjourned on request of learned counsel for respondent · List on October 25, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 01.10.2021; next listing October 25, 2021
Fraudulent GDR scheme: USD 25 million issue subscribed solely by Vintage FZE via EURAM Bank loan secured by pledge of GDR proceeds, with misleading successful-closure disclosure.
WTM: Company and Managing Director restrained from securities market for 5 years · WTM: Other directors restrained from securities market for 6 months
Appeal: Appeals 534,535,536 of 2019 and 438,439,440 of 2020 heard 28.1.2022, decided 27.6.2022 together
SAT matter SATV-32BE89A7235E0D4875B9D3F7
Adjourned on request of learned counsel for appellants · List on October 1, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned on 24.08.2021 to 01.10.2021
SAT matter SATV-470C75C22FDB12989E57F133
List all matters on April 20, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to April 20, 2021 with no disposal on April 5, 2021
SAT matter SATV-46192C721417D6AF641C25BC
Bench not available; list all connected appeals on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on hearing mode
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to January 6, 2022 vide order dated 02.12.2021
SAT matter SATV-5FDC1B8B78DE90AA1E317DB9
Appeals 438, 439, 440 connected with Appeal 534 of 2019 due to common issues · Respondent allowed to file reply; appellant allowed to file rejoinder thereafter
SAT matter SATV-66C5A4C1837FF89676034094
Bench not available; all six appeals listed on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned on 02.12.2021 to 06.01.2022 with no disposal on merits
SAT matter SATV-6D97498D90CAE5F7A71A3E92
Adjourned on request of counsel for respondent SEBI · List on October 25, 2021
SAT matter SATV-6F0497BBCA5CD20A3AAEA34A
Adjourned on request of learned counsel for the appellant · List on January 25, 2022
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 06.01.2022 to 25.01.2022; not disposed
SAT matter SATV-71E395ADD6119E6F2F2DD9F8
Put up matter on 28 January 2022 for arguments of respondent counsel · Parties to take instructions from Registrar 48 hours before fixed date on VC vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to 28 January 2022 for respondent arguments
Fraudulent GDR issuance where Vintage FZE solely subscribed USD 25 mn GDRs via EURAM Bank loan secured by pledge of GDR proceeds, misled investors.
WTM: restrained Aksh Optifibre Ltd and Managing Director from securities market for 5 years · WTM: restrained other directors from securities market for 6 months
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 heard 28.1.2022, decided 27.6.2022 together as common issue
SAT matter SATV-7D985DD2794C023C9CCA3E42
Bench not available, list all six appeals on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; heard on 02.12.2021, adjourned to 06.01.2022, no disposal on merits
SAT matter SATV-86CE637747F248BCFEDA3EFF
Heard counsel for appellants; fixed January 28, 2022 for respondent arguments · Parties to take instructions from Registrar 48 hours before fixed date on VC vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to January 28, 2022 for respondent arguments
SAT matter SATV-9573BA07AA359190F124EE1A
List Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 on December 02, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to December 02, 2021 vide order dated 25.10.2021
Fraudulent GDR scheme for USD 25 million where Vintage FZE was sole subscriber funded by EURAM Bank loan secured by pledge of GDR proceeds, with misleading successful-issue disclosure.
WTM: Company and Managing Director restrained from accessing securities market for five years · WTM: Other Directors restrained from accessing securities market for six months
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 before SAT; hearing 28.1.2022, decision 27.6.2022, decided together
SAT matter SATV-95E4A8EE1F070A5CA771161D
Adjourned on request of appellants' counsel, listed on January 25, 2022 · Parties to take instructions from Registrar 48 hours before date fixed on video conference or physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 06.01.2022, listed on 25.01.2022
SAT matter SATV-92580CAD257B80CC15860D7C
Three weeks further time allowed to file rejoinder in Appeal No. 438 of 2020 · List all connected appeals on April 5, 2021 for further hearing
Appeal: Appeal Nos. 534,535,536 of 2019 and 438,439,440 of 2020 pending; adjourned to 05.04.2021 for rejoinder
SAT matter SATV-AA2564B81C3AE1229E7217E9
Three weeks further time allowed to file rejoinder in Appeal No. 438 of 2020 · List all connected appeals on April 5, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to April 5, 2021
SAT matter SATV-A68840AF3A6597A550A67CEE
Three weeks further time allowed to file rejoinder in Appeal No. 438 of 2020 · List all connected appeals on April 5, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to April 5, 2021
SAT matter SATV-AC3BF6FED62E3D39E36A4B62
Matter adjourned for six weeks to enable SEBI to decide settlement applications · SEBI to intimate Tribunal of settlement decision on next date; List on June 29, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to 29.06.2021 for SEBI decision on settlement applications
SAT matter SATV-AEEF87E887D3218B48AF4A03
Adjourned for six weeks to enable SEBI to decide settlement applications filed by Aksh Optifibre Ltd. and Dr. Kailash S. Choudhari · Listed on June 29, 2021 for next hearing and SEBI decision update
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to June 29, 2021 pending SEBI decision on settlement applications
SAT matter SATV-A0422140B02774141C16D102
Adjourned on request of appellants' counsel; listed on January 25, 2022 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned, next listed on January 25, 2022
Fraudulent GDR scheme: USD 25 million issue solely subscribed by Vintage FZE via EURAM Bank loan secured by pledge of GDR proceeds, misleading success disclosure.
WTM restrained Aksh Optifibre Ltd and Managing Director from securities market for 5 years · WTM restrained other Directors from securities market for 6 months
Appeal: Appeal Nos. 534,535,536 of 2019 and 438,439,440 of 2020 heard together; hearing 28.1.2022, decision 27.6.2022; disposal reasoning truncated in excerpt
SAT matter SATV-AC58CBFC97FCF52AE361907B
List Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 on December 02, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned and listed for hearing on December 02, 2021 vide order dated 25.10.2021
SAT matter SATV-BEC8A1AD20AB93D35BD9F7C1
Order reserved after hearing; written submissions, if any, may be filed within a week
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 heard on 28.1.2022; order reserved
SAT matter SATV-B8FF825A5DE2A785291DDF9C
Respondent SEBI to file reply within three weeks · Appellants to file rejoinder within two weeks thereafter
SAT matter SATV-B0C33D419B66A61165E14640
Bench not available - list Appeal Nos. 534-536 of 2019 and 438-440 of 2020 on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned vide order dated 02.12.2021, next listed on January 6, 2022 - not disposed
SAT matter SATV-D653C17581D90E2EE728FE6C
Adjourned on request of counsel for SEBI · List on October 25, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 01.10.2021; listed on 25.10.2021
SAT matter SATV-4762C14BE005343A23B988AD
Matters adjourned at the request of the appellants · List the appeals on 1 October 2021
Appeal: Appeal Nos. 534, 535 and 536 of 2019 and Appeal Nos. 438, 439 and 440 of 2020 were adjourned on 24 August 2021 and listed for 1 October 2021
SAT matter SATV-C522D432D25F49948538F1AF
Bench not available, list appeals on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference or physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned on 02.12.2021 to 06.01.2022
SAT matter SATV-C029B4FC086018CD185F1FDF
Three weeks time allowed to appellants to file rejoinder · List appeals for hearing on February 24, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to 24 February 2021
SAT matter SATV-D4192B478227400F4BF428C0
Adjourned on request of respondent counsel · List on October 25, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 01.10.2021, next listed on October 25, 2021
SAT matter SATV-D01F6C133834593ABE9929C6
Respondent allowed three weeks to file reply · Appellants allowed two weeks thereafter to file rejoinder
Appeal: Appeal Nos. 534, 535, 536, 438, 439 and 440 of 2019 heard on 24.12.2020; adjourned for reply/rejoinder, to be taken up on 1 February 2021
SAT matter SATV-D74C2F15AA4F113477AC1BA6
List matters on April 20, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to April 20, 2021 vide order dated 05.04.2021
SAT matter SATV-D89C8B9FDEE569983DB1E495
Misc. Application No. 507 of 2020 (urgency) disposed of · Delay condoned and Misc. Application No. 506 of 2020 allowed
SAT matter SATV-ECC10DB5A946B49210D16308
Matter posted to 28 January 2022 for arguments of SEBI counsel after hearing appellants · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; appellants heard on 25.01.2022, listed for respondent on 28.01.2022
SAT matter SATV-E525CA6EAE4E0BBDA61C77B3
Adjourned on request of learned counsel for respondent SEBI · List on October 25, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 01.10.2021; next listing October 25, 2021; no disposal on merits
SAT matter SATV-E9B8AC86E164A8F03C68F6C6
List Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 on December 02, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned and listed for hearing on December 02, 2021 per order dated 25.10.2021
SAT matter SATV-FD18DE86DA4326DFC5214415
Adjourned on request of learned counsel for appellants · List on October 1, 2021
SAT matter SATV-F40330FE983F524552B234D4
Respondent SEBI to file reply within three weeks from 24 December 2020 · Appellants to file rejoinder within two weeks after reply filing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and Appeal Nos. 438, 439, 440 of 2019 pending; adjourned to 1 February 2021 for admission and final disposal
SAT matter SATV-F7EE4F81FB57A52038B0B30E
List matters on April 20, 2021 · Parties to take instructions from Registrar 48 hours before date fixed on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned to April 20, 2021 vide order dated 05.04.2021
SAT matter SATV-F5A8E6B614C90D6F7BB4C213
Adjourn matters as last opportunity and direct SEBI to consider settlement applications and intimate Tribunal on next date · List on August 24, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to 24 August 2021
SAT matter SATV-645A08727D9EC2E3036B13F4
Matter adjourned on the appellants' request. · Matters listed for hearing on 25 January 2022.
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were adjourned on 6 January 2022 and listed for 25 January 2022; no disposal on merits stated.
SAT matter SATV-5D914F0C02EDFEBB7BFDA8FA
List the appeals on 2 December 2021 · Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
Appeal: Appeal Nos. 534-536 of 2019 and 438-440 of 2020 were pending and adjourned for listing on 2 December 2021
SAT matter SATV-70856B709C1F520FDD1B2CF9
Three weeks granted to appellants to file rejoinder · Appeals listed on 24 February 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 were pending; listed for 24 February 2021
SAT matter SATV-995052DB88ADB5753F7D3FDC
Three weeks time allowed to appellants to file rejoinder · List appeals on February 24, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; order dated 01.02.2021 adjourns to 24.02.2021
SAT matter SATV-A8DE05B00DE678FB52953FA6
Bench not available; list all six appeals on January 6, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned on 02.12.2021, not disposed
SAT matter SATV-A593953FC59FFE4CAD5C1880
List matters on April 20, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending; adjourned and listed on April 20, 2021, order dated 05.04.2021
SAT matter SATV-D8504EF247F8E9D703887B10
Three weeks time allowed to appellants to file rejoinder · List appeals on February 24, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 pending before SAT; adjourned to 24.02.2021
SAT matter SATV-E637B67AB50B1647BD001E79
Heard counsel for appellants; matter put up on January 28, 2022 for arguments of respondent counsel · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 heard on 25.01.2022; appellants heard, adjourned to 28.01.2022 for SEBI arguments; not disposed
SAT matter SATV-E6BB6A374B48153CB74F8824
Adjourned on request of counsel for respondent SEBI · List on October 25, 2021
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned, listed on October 25, 2021
Fraudulent GDR scheme where sole subscriber Vintage FZE funded USD 25 mn subscription via EURAM Bank loan secured by pledge of GDR proceeds, with misleading disclosure of successful issue.
WTM restrained Aksh Optifibre Ltd. and Managing Director from securities market for five years · WTM restrained other Directors from securities market for six months
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 heard together; hearing 28.01.2022, decision 27.06.2022
SAT matter SATV-F77DF7471C540349EF323890
Matter put up on 28 January 2022 for arguments of counsel for SEBI respondent · Parties to take instructions from Registrar 48 hours before fixed date on VC vs physical hearing
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 heard in part on 25.01.2022; adjourned to 28.01.2022; not disposed

Other

SAT matter SATV-8D0EB4F885A4B95CCBBDB84A
Adjourned on request of learned counsel for appellant · List on January 25, 2022
Appeal: Appeal Nos. 534, 535, 536 of 2019 and 438, 439, 440 of 2020 adjourned on 06.01.2022, next listing 25.01.2022, no disposal

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Source: SecMarx — Aksh Optifibre 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.