Amit Sanghi

3 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Restraint from securities market till refund compliance plus 4 years; 4-year bar on listed-company director/KMP

SAT-appeal

Operating unregistered teak plantation Collective Investment Scheme and failure to wind up and refund investors with returns.
Appeal No. 378 of 2017 (Siddharth & Amit Sanghi) allowed; WTM order against them quashed · Appeal Nos. 55 and 56 of 2018 (Upadhyayula & Rao) dismissed; WTM refund and wind-up upheld
Appeal: Appeal No. 378 of 2017 allowed, Appeal Nos. 55 & 56 of 2018 dismissed by SAT order dated 14.11.2019 (hearing 06.11.2019)
Operating unregistered teak plantation Collective Investment Scheme and failure to wind up and refund investors with returns as per offer terms.
Appeal No. 378 of 2017 (Siddharth & Amit Sanghi) allowed; WTM order against them quashed · Appeal Nos. 55 of 2018 and 56 of 2018 dismissed; WTM refund/wind-up directions sustained
Appeal: Appeal No. 378 of 2017 allowed; Appeal Nos. 55 and 56 of 2018 dismissed by SAT order dated 14.11.2019 (hearing 06.11.2019)
Running unregistered Collective Investment Scheme via teak plantation scheme and failure to wind up and refund investors with returns on maturity.
Appeal No. 378 of 2017 allowed; WTM order quashed qua Siddharth and Amit Sanghi · Appeal Nos. 55 and 56 of 2018 dismissed; WTM refund liability upheld
Appeal: Appeal No. 378 of 2017 allowed, Appeal Nos. 55 and 56 of 2018 dismissed by SAT decision dated 14.11.2019 (hearing 06.11.2019)

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Source: SecMarx — Amit Sanghi. 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.