Amit Misra

SAT-appeal

• Public offer of equity shares without complying with applicable SEBI laws and the Companies Act, 1956; alleged violation of Sections 56, 60 and 73 of the Companies Act, 1956.
  Impugned WTM order dated 11 July 2019 quashed insofar as it related to Amit Misra · Matter remitted to the WTM for a fresh order after due enquiry and opportunity of hearing
  Appeal: Appeal No. 409 of 2019 decided on 17 January 2020; appeal allowed and matter remitted to the WTM
• WTM direction to refund money collected with 15% interest; underlying violation not detailed in SAT order
  Delay of 369 days condoned; Misc Application No.168 of 2020 allowed · Impugned WTM order dated 27 June 2019 set aside; Appeal No.147 of 2020 allowed
• NPSL issued redeemable cumulative preferential shares to 1,51,627 allottees mobilizing Rs.127.14 crores in violation of Sections 56, 60, 73 of Companies Act, 1956 constituting deemed public issue.
  Impugned WTM order dated 29 May 2019 quashed insofar as it relates to appellant · Appeal allowed with no order as to costs; Misc. Application No.76 of 2021 disposed of
• SAT matter SATV-64B211474A74EC6EEB8F492C
  List matter on March 04, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
  Appeal: Appeal No. 410 of 2019 with Misc. Application No. 76 of 2021 pending, adjourned to March 04, 2021
• SAT matter SATV-7D93C6BE0F42265CE44B3E11
  Order reserved after hearing counsel for parties through video conference · Parties directed to act on digitally signed copy sent by fax and/or email
  Appeal: Appeal No. 410 of 2019 with Misc. Application No. 76 of 2021 heard on 04.03.2021, order reserved