Anumolu Harshitha

6 matters before the Securities Appellate Tribunal

Penalties and directions recorded

AO order dated 29 July 2022 imposing penalties was quashed.
AO penalty order dated 29 July 2022 was quashed.
AO order dated July 29, 2022 imposing penalties quashed
AO order dated July 29, 2022 imposing penalties quashed

SAT-appeal

Alleged participation by preferential allottees in a manipulative scheme involving preferential allotments and price manipulation in Global Infratech and Finance Ltd. shares, including selling at inflated prices and booking profits.
WTM order dated 16 July 2021 restraining appellants from accessing the securities market for six months was quashed. · AO order dated 29 July 2022 imposing penalties was quashed.
Appeal: Appeal Nos. 513, 514, 515 and 556 of 2021, and 636 and 855 of 2022, decided together on 24 August 2023; all allowed.
Preferential allottees were alleged to be connected to Global Infratech and Finance Ltd., participate in a scheme manipulating its share price, and sell shares at inflated prices in violation of PFUTP Regulations 3 and 4.
WTM order restraining appellants from accessing the securities market for six months was quashed. · AO penalty order dated 29 July 2022 was quashed.
Appeal: Appeal Nos. 513, 514, 515, 556, 636 and 855 of 2022/2021 were disposed of on 24 August 2023; all allowed.
Alleged part of manipulative scheme via preferential allotments and price manipulation by connected entities; preferential allottees (Noticee Nos.42-46) sold shares at inflated price booking profits.
All six appeals allowed with no order as to costs · WTM order dated July 16, 2021 quashed
Preferential allottees allegedly connected via fund transactions, part of manipulative scheme to inflate Global Infratech price and sell at inflated price for illegal profit.
WTM order dated July 16, 2021 quashed · AO order dated July 29, 2022 imposing penalties quashed
Appeal: Appeal Nos. 513, 514, 515, 556 of 2021 and 636, 855 of 2022 allowed and disposed on 24.08.2023 (reserved 21.08.2023)
Alleged part of manipulative scheme via preferential allotments and price manipulation in Global Infratech scrip, selling shares at inflated price.
WTM order dated July 16, 2021 quashed · AO order dated July 29, 2022 quashed
Appeal: Appeal Nos. 513, 514, 515, 556 of 2021 and 636, 855 of 2022 allowed on 24.08.2023, reserved on 21.08.2023
Preferential allottees (Noticee Nos. 42-46) allegedly connected to Global Infratech and Finance Ltd via fund transactions, part of manipulative scheme and sold shares at inflated price booking substantial profits.
WTM order dated July 16, 2021 quashed · AO order dated July 29, 2022 quashed
Appeal: Appeal Nos. 513, 514, 515 of 2021, 556 of 2021, 636 of 2022 and 855 of 2022 allowed by SAT on 24.08.2023 (reserved on 21.08.2023)

Analyse these matters in Ontology · Plans

Source: SecMarx — Anumolu Harshitha. 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.