Shri Ashok Narayan Waje

57 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Matters adjourned on the appellants' request
Appellants to file rejoinders within three weeks thereafter
Matters listed on 13 July 2022
SAT set aside the impugned findings and orders insofar as challenged by the appellants.
Matters adjourned on the appellants' request

SAT-appeal

SAT matter SATV-00D62847C4DCB26942DE16E1
Matter adjourned at the request of the appellants' counsel · List all appeals on 11 October 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were adjourned on 24 August 2022 and listed for 11 October 2022; no final disposal recorded.
SAT matter SATV-040DA0DAB4BAF33BB8AF9FFB
List Appeals Nos. 57, 58, 220, 221, 222 and 223 of 2022 on 22 June 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were listed for 22 June 2023; no disposal on merits stated
SAT matter SATV-042DE34EFDC80723826E7E85
Matters adjourned on the appellants' request · List all appeals on 22 February 2023
Appeal: Appeal Nos. 57 and 58 of 2022, and Appeal Nos. 220 to 223 of 2022; adjourned on 24 January 2023 and directed to be listed on 22 February 2023
SAT matter SATV-0A8678D57C511E7D662F8CF2
Respondent to file replies in some appeals within one week from 13 June 2022 · Appellants to file rejoinders within three weeks thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022; order dated 13 June 2022 directed filing of replies and rejoinders and listed the matters for 13 July 2022
Alleged fraudulent scheme involving buy-side noticees placing purchase orders without ability to take delivery, coordinated with sell-side noticees and financers, thereby defrauding brokers.
SAT found the connection finding against Chetan Shah unsupported by the KYC evidence. · SAT set aside the impugned findings and orders insofar as challenged by the appellants.
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 decided by SAT on 4 August 2023; connected Misc. Applications Nos. 11 and 12 of 2023
SAT matter SATV-1B3B1B4804D99B6A96F1F2F1
Matters adjourned on the appellants' request · List all appeals on 11 October 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were adjourned on 24 August 2022 and listed for 11 October 2022; no disposal on merits stated.
SAT matter SATV-1DEFFCD0529202B86A6D981E
Appeals adjourned on the appellants' request · Matters listed for 6 January 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were adjourned on 28 November 2022 and listed for 6 January 2023; disposal is not stated.
SAT matter SATV-244EFC77365DF32FCADD8108
Adjourned on the request of the appellants' counsel · Matters listed for 22 February 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were adjourned on 24 January 2023 and listed for 22 February 2023; no disposal on merits stated.
SAT matter SATV-2598B092DCCBB16E8FF21B53
Appellants directed to file rejoinder within one week from 10 November 2022 · Matters listed for 28 November 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022; procedural order dated 10 November 2022 directing rejoinders and listing on 28 November 2022
SAT matter SATV-2F137BDC0CDAEDE89D12E33E
Appellants directed to file rejoinders within one week from 10 November 2022 · Matters listed for 28 November 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were listed; rejoinders directed and matters adjourned to 28 November 2022.
SAT matter SATV-2D8E16739CB71EA72661F695
Miscellaneous Applications Nos. 11 and 12 of 2023 for additional documents were disposed of as not pressed.
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were heard and reserved for orders on 31 July 2023; final disposal is not recorded in this text.
SAT matter SATV-42070F6399282528F168EC17
Adjourned on request of appellant in Appeal Nos. 57 and 58 of 2022 · List on January 24, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending before SAT; Appeal Nos. 57 and 58 of 2022 adjourned to January 24, 2023
SAT matter SATV-495934960C44DFDD0F56C885
Rejoinder to be filed by appellant · List the appeals on November 28, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; rejoinder ordered, listed on 28 November 2022
SAT matter SATV-543E4132E99040205A6FF50C
Adjourned on request of the appellants · List on January 06, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 adjourned on appellants' request; listed on January 06, 2023
SAT matter SATV-5BA075C2190F8F9B22D6199B
Respondent SEBI to file reply in some of the appeals · Appellants permitted to file rejoinder thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; next listing 13 July 2022
SAT matter SATV-4EC7EE2A737FCF73899D4049
List Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 on July 31, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
Appeal: Appeal Nos. 57,58,220,221,222,223 of 2022 with Misc. Applications 11-12 of 2023 pending; adjourned to July 31, 2023
SAT matter SATV-6A2616650C8E6255E694E0B0
Adjourned on request of the appellants · Matter listed on January 06, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 adjourned on 28.11.2022; next hearing January 06, 2023; no disposal yet
SAT matter SATV-629D1FE64B28A9385E8FF95F
Adjourned on the request of the appellants · List on January 06, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 vs SEBI adjourned on 28.11.2022, listed on 06.01.2023
SAT matter SATV-6CDA9BDF66CD82691478155C
Respondent SEBI to file reply in some appeals within a week from 13.06.2022 · Appellants to file rejoinder within three weeks thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; reply-rejoinder stage; listed next on July 13, 2022; no disposal on merits
SAT matter SATV-6F976EAE4F4513D7726ECEDB
Adjourned on request of counsel for appellants · List on February 22, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 with Misc Applications 11 and 12 of 2023 adjourned to February 22, 2023
SAT matter SATV-86E78FF83F10D6DE313E12AB
Adjourned on request of appellants' counsel · Listed on October 11, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 adjourned; next listing October 11, 2022
SAT matter SATV-8B56E9611DAB63EE071B6125
Delay in filing appeals condoned; delay condonation applications allowed · Exemption from filing certified copy granted subject to subsequent filing
Appeal: Appeal No. 220 of 2022 and Appeal No. 223 of 2022 pending; delay condoned; Misc. Application Nos. 374, 375, 380, 381 of 2022; next listing 13 June 2022
SAT matter SATV-94169FD0B6B8039C60CE456D
Delay in filing appeals condoned; delay condonation applications allowed · Exemption from filing certified copy allowed with direction to apply and file certified copy
Appeal: Appeal Nos. 221 and 222 of 2022 pending; delay condoned; stay to be considered on 13 June 2022
SAT matter SATV-969BAA9F1392A2A93DFCCDBB
Adjourned on request of appellant in Appeal Nos. 57 and 58 of 2022 · List on January 24, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 adjourned on 06.01.2023; next listing January 24, 2023
SAT matter SATV-9BF1A7037B01F7F1F8128066
Rejoinder to be filed by the appellant · List matter on November 28, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; next listing on 28 November 2022
SAT matter SATV-9BBAEF91173300B6632923B2
Delay in filing Appeal No.221 of 2022 and Appeal No.222 of 2022 condoned · Appellant to apply for certified copy; SEBI to supply within five working days; appellant to file same in Registry
Appeal: Appeal No.221 of 2022 (Mukesh Konde vs SEBI) and Appeal No.222 of 2022 (Ashok Narayan Waje vs SEBI) pending; delay condoned on 31 May 2022; listed 13 June 2022; stay to be considered next date
SAT matter SATV-A1587D1845401DBA2C1DDD75
Adjourned on request of learned counsel for appellants · List on October 11, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 adjourned on 24.08.2022; next listing October 11, 2022
SAT matter SATV-50CD4CA79CA375D2FAB15795
Respondent to file replies in some appeals within one week from 13 June 2022 · Appellants to file rejoinders within three weeks thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022; order dated 13 June 2022 directed replies and rejoinders and listed matters for 13 July 2022
SAT matter SATV-B747BD3F07ACFE154CB28B81
Adjourned on the request of the appellants · List on January 06, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 adjourned on 28.11.2022; listed on January 06, 2023; no disposal
Buy-side noticees placed purchase orders knowing they could not take delivery to give exit to sell-side at cost of buy-side brokers, in orchestrated fraudulent scheme.
WTM order restrained appellants from accessing securities market for further 2 years after 12-year restraint · AO order imposed different monetary penalties on noticees for same violation
SAT matter SATV-BD02466ECEF89DA4B57A9FB0
Two weeks further time allowed to appellants to file rejoinder in remaining appeals · List appeals on November 10, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; adjourned to 10 November 2022 for filing rejoinder
SAT matter SATV-CE4C29E57139B15A4D0E1AAD
Delay in filing Appeal No. 220 of 2022 and Appeal No. 223 of 2022 condoned · Exemption from filing certified copy granted; appellants to apply and file copy with registry
Appeal: Appeal No. 220 of 2022 (Mukesh Konde) and Appeal No. 223 of 2022 (Ashok Narayan Waje) pending after delay condonation; connected with Appeal No. 57 & 58 of 2022; stay to be considered on June 13, 2022
SAT matter SATV-C5AA2B57AB64ECF40970A384
Adjourned on request of appellant in Appeal Nos. 57 of 2022 and 58 of 2022 · List on January 24, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending before SAT; Appeal Nos. 57 and 58 of 2022 adjourned to January 24, 2023
SAT matter SATV-C7B207A548D8148DE5D80A95
List all matters on April 19, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 with Misc. Applications Nos. 11 and 12 of 2023 pending before SAT; adjourned to April 19, 2023 vide order dated 22.02.2023, no disposal
SAT matter SATV-C571B8B24128D2C6263F64C8
Respondent SEBI to file reply in some appeals within a week from 13.06.2022 · Appellants to file rejoinder within three weeks thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending before SAT; at reply/rejoinder stage, listed on 13 July 2022
Alleged trading in large quantities in RTS Power Corporation Limited scrip and failure to fulfil pay-in obligations to stock exchange.
Appeal dismissed with no order as to costs without examining merits as investigations continuing
Appeal: Appeal No. 14 of 2010 decided on 4.3.2010 - dismissed with no order as to costs
SAT matter SATV-491379A83577848366287855
Two weeks further time allowed to the appellants to file rejoinder in the remaining appeals · Appeals listed on 10 November 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 were pending before SAT; rejoinder time extended on 11 October 2022 and matters listed on 10 November 2022
Alleged fraudulent scheme in which buy-side noticees placed purchase orders without capacity to take delivery, in coordination with sell-side noticees and financers, allegedly providing sellers an exit opportunity and defrauding brokers.
Appeals allowed in part to the extent set out in the decision; impugned findings against Chetan Shah were rejected based on lack of evidence. · WTM debarment and AO penalty orders were challenged; the Tribunal found the connection finding against Chetan Shah perverse and unsupported.
Appeal: Appeal Nos. 57 and 58 of 2022 by Chetan Shah, Appeal Nos. 220 and 221 of 2022 by Mukesh Konde, and Appeal Nos. 222 and 223 of 2022 by Ashok Narayan Waje; decided on 4 August 2023. Earlier challenge to the 26 October 2009 confirmatory order was dismissed.
SAT matter SATV-D498394C1FF921ACD59D8FE6
Three weeks' time allowed to the appellant to file rejoinder · List on 24th August, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending before SAT; rejoinder permitted, next listing 24 August 2022
Buy-side noticees placed purchase orders knowing they could not take delivery to give exit to sell-side at cost of buy-side brokers; pay-in default on 11 Feb 2009 as fraudulent scheme.
WTM order 27 Oct 2021: appellants already restrained 12 years, further restrained 2 years from securities market · AO order 18 June 2021: separate penalties of different amounts on noticees for same violation
Appeal: Appeal Nos. 57,58,220,221,222,223 of 2022 with Misc. Appl. 11,12 of 2023 heard 31.07.2023 decided 04.08.2023
SAT matter SATV-E865C637708CBB98D7697D01
Adjourned on request of appellants in Appeal Nos. 57 and 58 of 2022 · List matters on January 24, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending before SAT; Appeal Nos. 57-58 of 2022 adjourned to January 24, 2023
SAT matter SATV-F87DC9FDEF833528309EE7A0
Respondent SEBI to file reply in some appeals within a week from 13.06.2022 · Appellants to file rejoinder within three weeks thereafter
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending; order dated 13.06.2022 directs completion of pleadings, next listed July 13, 2022
SAT matter SATV-798E28438E4A991A20927BB1
Two weeks’ further time granted to appellants to file rejoinder in the remaining appeals · Appeals listed on 10 November 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022; order dated 11 October 2022 granting further time to file rejoinder and listing the matters on 10 November 2022
SAT matter SATV-4A195E2C2D86F9A7E8BD1B05
Adjourned on request of learned counsel for appellants · List on February 22, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 with Misc. Applications 11-12 of 2023 pending; adjourned, listed on 22 February 2023
SAT matter SATV-5D9601BB91BABF0C9B4E3A52
Adjourned on request of learned counsel for the appellants · List on February 22, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 with Misc. Appl. 11-12 of 2023 adjourned, listed 22.02.2023, no final disposal
SAT matter SATV-613254CA2D65ACBFE3DA2FA0
Adjourned on request of appellants' counsel, listed on October 11, 2022 · Rejoinder may be filed on or before next date
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 adjourned on 24.08.2022, listed on 11.10.2022
SAT matter SATV-6C640A4952689D51140514FC
Two weeks further time allowed to appellants to file rejoinder in remaining appeals · List matters on November 10, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending; rejoinder yet to be filed; adjourned to November 10, 2022
SAT matter SATV-81C47D3D71F11C761A159CEE
Adjourned Appeal Nos. 57 and 58 of 2022 on appellant request · Listed Appeal Nos. 57 and 58 of 2022 on January 24, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending; Appeal Nos. 57-58 adjourned on appellant request, listed on January 24, 2023
SAT matter SATV-84192399723FCA080132109F
Two weeks further time allowed to appellants to file rejoinder in remaining appeals · List on November 10, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending; rejoinder stage, listed on 10 November 2022
SAT matter SATV-81EE7E0C3E2713E4999C24E3
Two weeks further time allowed to appellants to file rejoinder in remaining appeals · List remaining appeals on November 10, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending; rejoinder stage; listed on November 10, 2022
Disputed 11.02.2009 trades in RTS Power scrip allegedly involving conspiracy/default by five buy-side clients; broker Geojit seeks annulment and release of sale proceeds.
Appeal No. 25 of 2022 dismissed as misconceived and not maintainable as same annulment relief pending in Bombay High Court suit
Appeal: Appeal No. 25 of 2022 decided on 01.11.2022 - dismissed as misconceived and not maintainable
SAT matter SATV-9F79BB129644EABECA0C77A1
Adjourned Appeal Nos. 57 of 2022 and 58 of 2022 on request of appellant · List Appeal Nos. 57 of 2022 and 58 of 2022 on January 24, 2023
Buy-side noticees placed purchase orders on 11 Feb 2009 knowing they lacked funds to take delivery, defaulted on pay-in to provide exit to sell-side at cost of buy-side brokers in alleged fraudulent scheme.
WTM order 27 Oct 2021 restrained noticees from securities market for further 2 years after 12-year interim restraint · AO order 18 Jun 2021 imposed different amounts of penalty on noticees for same violation
Appeal: Appeal Nos. 57,58,220,221,222,223 of 2022 with Misc. Appl. 11-12/2023 heard 31.07.2023 decided 04.08.2023
SAT matter SATV-C9214CE6024F91D353938182
Adjourned on the request of the appellants · List on January 06, 2023
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending; adjourned to January 06, 2023 on appellants' request
SAT matter SATV-C86081B621F4064335112416
Appellant to file rejoinder within a week from 10.11.2022 · List matters on November 28, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222 and 223 of 2022 pending before SAT; at rejoinder stage, adjourned to 28.11.2022
Buy-side noticees 1-3 allegedly placed purchase orders knowing they could not take delivery to provide exit to sell-side noticees 4-6 at cost of buy-side brokers, financed by noticees 7-8.
Ex-parte ad-interim order 05 June 2009 restrained noticees, directed withholding pay-out; confirmed 26 Oct 2009 · WTM order 27 Oct 2021 restrained appellants for further 2 years after 12 years restraint
Appeal: Appeal Nos.57,58,220,221,222,223 of 2022 with Misc.Apps 11-12 of 2023 heard 31.07.2023 decided 04.08.2023

Other

SAT matter SATV-A2F5ACEE5577A688E1D9ED64
Rejoinder to be filed by appellant within a week · List matter on November 28, 2022
Appeal: Appeal Nos. 57, 58, 220, 221, 222, 223 of 2022 pending; rejoinder stage, listed on 28 November 2022

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Source: SecMarx — Shri Ashok Narayan Waje. 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.