Alka India Limited

SAT-appeal

• SAT matter SATV-28220C694A4E514EF8147F57
  Registry directed to replace the expression “adjudication proceedings” with “11B proceedings” in paragraph 4 of the SAT order dated 21 January 2014. · Miscellaneous Application No. 135 of 2013 disposed of.
  Appeal: Miscellaneous Application No. 135 of 2013 in Appeal No. 209 of 2013; application disposed of on 24 January 2014 after correction of the earlier order.
• Inflated quarterly profits by ~33% via omission/under-provision of tax and misleading price-sensitive notes to results, spiking scrip price to enable promoter off-loading.
  Upheld 6-month debarment of Alka India from accessing securities market · Upheld Rs.32 lacs penalty for misleading announcements and scrip manipulation
  Appeal: Appeal No.44 of 2010 with Appeals No.275 to 277 of 2009 disposed on 6.5.2010
• SAT matter SATV-A997D8CAEA2C586CF49850D0
  Appeal No. 397 of 2014 disposed as infructuous with no order as to costs · Misc. Applications No. 173 of 2014 and 89 of 2015 disposed as not surviving
  Appeal: Appeal No. 397 of 2014 disposed as infructuous on 22.11.2016 with no order as to costs
• SAT matter SATV-D8D4B8EFF0ABBB84A22E41B2
  Appeal disposed without going into merits and without interfering with impugned order · SEBI to initiate Section 11B proceedings qua appellant and pass appropriate order within 4 months
  Appeal: Appeal No. 209 of 2013 with Misc. Application No. 135 of 2013 for condonation of delay disposed on 21.01.2014
• Alleged inaction and delay by BSE in disposing appellant's application dated 5 Nov 2004 for listing of additional shares
  Respondent to address letter calling for additional documents as specified · Appellant to furnish documents sought by respondent
  Appeal: Appeal No. 117 of 2014 disposed on 11.06.2014 with no order as to costs