Animesh Patel

SAT-appeal

• SAT matter SATV-11075593B3AB25990C273AC1
  Appeal listed for admission and final disposal on 29 January 2021 · Appellant directed to file scanned copy of memo of appeal and related documents before the Registry
  Appeal: Appeal No. 586 of 2019 listed for admission and final disposal on 29 January 2021; no final disposal recorded in this order.
• SAT matter SATV-40D7E97ECCB5E2BE87FC720C
  Heard counsel for parties; order reserved
  Appeal: Appeal Nos. 586 of 2019, 6, 23, 38, 39, 40, 41, 42, 126, 127 of 2020 heard on 14.6.2021; order reserved, no final disposal in this order
• SAT matter SATV-46A863FAC403A02E140CD811
  Three weeks granted to appellants to file rejoinder · Matters listed for hearing on 12 March 2021
  Appeal: Interlocutory directions in Appeal Nos. 06, 23, 38-42, 126, 127 of 2020 and 586 of 2019; matters adjourned to 12 March 2021
• Reversal and self trades in Polytex India creating artificial volume and misleading appearance, and facilitating debarred noticees 7-16 to trade indirectly violating WTM debarment.
  AO imposed penalties under Sections 15HA and 15HB for PFUTP and WTM order violations · SAT rejected delay, loan and Reg 4(2)(d) drop pleas; upheld fund-flow and violation findings, all appeals decided together
  Appeal: Appeals 06,23,38,39,40,41,42,126,127 of 2020 and 586 of 2019 against AO common order dated 05.11.2019; reserved 14.06.2021, decided 24.06.2021
• SAT matter SATV-622EB5DD47F500756F19FDF1
  Appellants granted three weeks to file rejoinder · Matters listed for hearing on 12 March 2021
  Appeal: Multiple appeals and connected miscellaneous applications were pending; rejoinder time granted and matters listed for 12 March 2021
• SAT matter SATV-BAAE50200B520AEF7B20A2BA
  Matter adjourned due to Bench non-availability as Justice Joshi had login problem · List on 11th June, 2021
  Appeal: Appeal Nos. 6, 23, 38, 39, 40, 41, 42, 126, 127 of 2020 and 586 of 2019 adjourned on 29.4.2021; next listed 11 June 2021; not disposed
• Self-trades and reversal trades creating artificial volume in Polytex India scrip and facilitating debarred entities (Noticees 7-16) to trade indirectly via Noticees 1-6 in violation of WTM debarment.
  AO imposed penalties under Sections 15HA and 15HB; all appeals decided together by common judgment - SAT upheld violations per paras 5-10, final disposal truncated
  Appeal: Appeal Nos. 06, 23, 38, 39, 40, 41, 42, 126, 127 of 2020 and 586 of 2019 against AO common order dated 05.11.2019, reserved 14.06.2021, decided 24.06.2021 together