Anil Vishnu Bharti

4 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Impugned AO order affirmed subject to reduction of penalties.
Penalty reduced to Rs. 1 lakh for each appellant.
Impugned adjudication order affirmed subject to penalty reduction.
Penalty reduced to Rs. 1 lakh for each appellant.
Penalty of Rs 5 lacs each reduced to Rs 1 lac each

SAT-appeal

The appellants allegedly created a misleading appearance of trading and manipulated the price of Lifeline Drugs and Pharma Ltd. by placing manipulative sell orders.
Appeals partly allowed. · Impugned AO order affirmed subject to reduction of penalties.
Appeal: Appeal Nos. 527 of 2020, 528 of 2020 and 529 of 2019 partly allowed on 23 December 2020; penalties reduced to Rs. 1 lakh each.
Creating a misleading appearance of trading and manipulating the price of Lifeline Drugs and Pharma Ltd. through abnormal, deceptive and artificial trades.
Appeals partly allowed. · Impugned adjudication order affirmed subject to penalty reduction.
Appeal: Appeal Nos. 527 of 2020, 528 of 2020 and 529 of 2019 partly allowed by SAT on 23 December 2020; penalties reduced to Rs. 1 lakh each.
SAT matter SATV-384E6D7B84CB402686895805
Miscellaneous Application No. 1252 of 2022 seeking condonation of 1464 days' delay rejected · Appeal No. 861 of 2022 dismissed with no order as to costs
Appeal: Appeal No. 861 of 2022 dismissed by SAT on 16 November 2022 after rejection of the delay-condonation application; 1464-day delay not condoned
Creating misleading appearance of trading and contributing to price manipulation in Lifeline Drugs and Pharma Ltd scrip in violation of PFUTP Regulations 3 and 4.
Impugned AO order affirmed on merits · Penalty of Rs 5 lacs each reduced to Rs 1 lac each
Appeal: Misc. Applications 546-548 of 2020 allowed and Appeal Nos. 527 of 2020, 528 of 2020 and 529 of 2019 partly allowed on 23.12.2020; delay condoned

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Source: SecMarx — Anil Vishnu Bharti. 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.