Alpana R. Kirloskar

SAT-appeal

• SAT matter SATV-082D5C5EE8AFAE7FD032FA7E
  Further hearing adjourned to 13 May 2022 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were pending; hearing continued and was listed for 13 May 2022
• SAT matter SATV-0C57DE5762FD84F2F0B7F115
  Arguments were adjourned and the matters were directed to be listed on 13 May 2022 for further hearing. · Parties were directed to act on the digitally signed copy of the order.
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 remained pending; hearing continued and was adjourned to 13 May 2022.
• SAT matter SATV-130D8D770355B84237C99E8D
  Further hearing listed for 13 May 2022 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were pending; arguments were continuing and further hearing was fixed for 13 May 2022.
• SAT matter SATV-196277122D387573824449A9
  Matters listed on 5 January 2022 · Parties directed to contact the Registrar 48 hours before the hearing date regarding video or physical hearing
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were listed for further hearing on 5 January 2022; no disposal on merits stated
• SAT matter SATV-1A7D6B611EA9A879BE59E2A9
  List the appeals on 24 November 2021 · Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeals Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were listed for further hearing on 24 November 2021; no disposal on merits stated.
• SAT matter SATV-19D0B14C5FA5554AF4869A06
  Connected appeals were listed for further hearing on 27 April 2022 for arguments by the appellants. · Parties were directed to act on the digitally signed copy of the order.
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were pending and adjourned for further hearing on 27 April 2022.
• SAT matter SATV-1F55C255C27EECF5F9CA4C08
  List all matters on 5 May 2022 for further hearing · Parties to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 499, 503-508 of 2020 and 44 of 2021 were pending; listed for further hearing on 5 May 2022.
• SAT matter SATV-29EB61E6497D374B70AB6143
  Matter adjourned for appellants' rejoinder arguments on 29 June 2022.
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507 of 2020 and 44 of 2021 were pending; order dated 28 June 2022 adjourned the matters for rejoinder arguments on 29 June 2022.
• SAT matter SATV-2090613B480F64996FB4E63A
  Arguments heard in part; appellants' arguments were continuing · Matters listed for further hearing on 25 April 2022
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were heard in part on 30 March 2022; further hearing fixed for 25 April 2022
• SAT matter SATV-22BEF3F0AF88983F5540CA3C
  Miscellaneous applications disposed of. · SEBI directed to pay Rs. 5 lakhs as costs to the Registrar of SAT.
  Appeal: Appeal Nos. 499 of 2020 and 503 of 2020; SAT had quashed SEBI's order dated 20 October 2020 by order dated 12 October 2022. Miscellaneous applications disposed of on 4 December 2023.
• SAT matter SATV-2E75224DEC78F22D1A650FF4
  Connected appeals were directed to be heard together · Matters listed on 24 December 2020
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507 and 508 of 2020, and Appeal Lodging No. 593 of 2020, were listed together; matters adjourned to 24 December 2020.
• SAT matter SATV-21362F2D95B17BFF1111CB6F
  List the matters on 18 June 2021 · Parties to obtain Registrar's instructions 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507 and 508 of 2020, and Appeal Lodging No. 593 of 2020, were listed for further hearing on 18 June 2021; no disposal on merits recorded.
• SAT matter SATV-321C918A68AE90081B9519D3
  Arguments of senior counsel for the appellant to continue · Matter listed for 26 April 2022
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507 of 2020 and 44 of 2021 were pending; arguments continued and the matters were listed for 26 April 2022.
• SAT matter SATV-4014466D25DCBDF05EF03B48
  Arguments were heard in part and the appellants' arguments were continuing. · Matters were listed for further hearing on 25 April 2022.
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were heard in part; further hearing scheduled for 25 April 2022.
• Insider trading in KBL shares on 6 Oct 2010 (Alpana group) and 14 Oct 2010 (Sanjay group) while in possession of UPSI-1 (capital loss on investment/advances to subsidiary KCEL) and UPSI-2 (Q2 Jul-Sep 2010 results).
  WTM order 20.10.2020 restrained Alpana group from securities market for different periods · Directed deposit of proposed disgorged amount per Table 18 para 154 with post-decisional hearing
  Appeal: Appeal Nos. 499,503,504,505,506,507,508 of 2020 and 44 of 2021 heard 29.06.2022, decided 12.10.2022 against WTM orders dated 20.10.2020
• Alleged insider trading in KBL shares on 6 Oct 2010 by Alpana group and 14 Oct 2010 by Sanjay group while in possession of UPSI-1 (KCEL capital loss) and UPSI-2 (Q July-Sept 2010 results), plus PFUTP fraud on KIL/minority.
  WTM order 20 Oct 2020 restrained appellants from accessing securities market for varying periods · Direction to first deposit proposed disgorged amount per Table 18 para 154 with post-decisional hearing
• SAT matter SATV-385FD64BA6A09B5661F1CC78
  All matters listed on 26 April 2021 · Parties to take instructions from the Registrar 48 hours before the hearing date regarding video conference or physical hearing
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507 and 508 of 2020, and Appeal Lodging No. 593 of 2020, listed for 26 April 2021; no disposal on merits recorded
• Insider trading in KBL shares on 6 Oct 2010 by Alpana group and 14 Oct 2010 by Sanjay group while in possession of UPSI-1 (capital loss on investment/advances to subsidiary KCEL) and UPSI-2 (Q2 July-Sept 2010 results), plus fraud on KIL/minority shareholders.
  WTM order restrained appellants from accessing securities market for different periods · Directedly deposit proposed disgorged amount per Table 18 para 154 with post-decisional hearing
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 heard together; Hearing 29.06.2022; Decision 12.10.2022
• Insider trading in KBL shares on 6 Oct 2010 (Alpana group) and 14 Oct 2010 (Sanjay group) while in possession of UPSI-1 (capital loss on KBL investment/advances to subsidiary KCEL) and UPSI-2 (Q2 FY10 results July-Sept 2010); fraud on KIL/minority shareholders.
  WTM order 20 Oct 2020 restrained Alpana group from accessing securities market for different periods · Direct to first deposit proposed disgorged amount per Table 18 para 154 then post-decisional hearing
  Appeal: Appeal Nos 499,503,504,505,506,507,508 of 2020 and 44 of 2021 heard together; hearing 29.06.2022, decision 12.10.2022
• Alleged insider trading in KBL shares while in possession of UPSI concerning capital loss on advances/investment in KCEL and KBL's July–September 2010 financial results. Also alleged PFUTP fraud and disclosure/model-code violations.
  Appeals concerning the common and connected SEBI orders were heard together and decided together · Impugned WTM orders included market-access restraints, proposed disgorgement deposits and monetary penalties
  Appeal: Appeal Nos. 499, 503–508 of 2020 and 44 of 2021 were heard together; decision dated 12 October 2022. The supplied text does not include the final operative disposal paragraphs.
• Alleged insider trading while possessing UPSI concerning capital loss on KBL’s advances/investment in KCEL and KBL’s July–September 2010 financial results; also alleged fraud, PFUTP violations and disclosure/code breaches.
  Appeals 499/2020, 503/2020, 504/2020, 505/2020, 506/2020, 507/2020, 508/2020 and 44/2021 were heard together and decided together. · WTM directions included market-access restraints, proposed disgorgement subject to post-decisional hearing, and monetary penalties; Appeal 44/2021 sought enhancement of penalty and disgorgement.
  Appeal: Appeal Nos. 499, 503, 504, 505, 506, 507, 508 of 2020 and 44 of 2021 were decided together by SAT on 12 October 2022; final dispositions are not included in the provided excerpt.
• SAT matter SATV-79DBCA40549CF0119BBF0C9F
  Interconnected appeals and applications to be taken up together · Matter listed on 24 December 2020
  Appeal: Appeals Nos. 499, 503, 504, 505, 506, 507 and 508 of 2020, and Appeal Lodging No. 593 of 2020, were listed together; adjourned to 24 December 2020.
• Insider trading in KBL shares on 6 Oct 2010 by Alpana group and 14 Oct 2010 by Sanjay group while in possession of UPSI-1 and UPSI-2.
  Restraint from accessing securities market for different periods (WTM order) · Deposit proposed disgorged amount per Table 18 para 154 with post-decisional hearing
  Appeal: Appeal Nos. 499,503,504,505,506,507,508 of 2020 and 44 of 2021; hearing 29.06.2022, decision 12.10.2022
• SEBI order 20.10.2020 in Kirloskar Brothers Limited restrained appellants from accessing securities market for six months.
  Misc. Applications disposed directing SEBI to pay Rs 5 lakhs costs to Registrar of Tribunal · SEBI at liberty to take appropriate remedial measures against NSDL if fault lay with NSDL
  Appeal: Appeal Nos. 499/2020 and 503/2020 allowed by SAT order dated 12.10.2022 quashing SEBI order dated 20.10.2020