BRD Securities Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Matters to be called on 09.04.2025 by consent

SAT-appeal

Allotment of equity shares in 8 instances from 2001-2010 to over 49 persons each (3534 total) alleged as deemed public issue under Sec 67 Companies Act without DIP/ICDR compliance.
Appeal allowed - impugned WTM order dated May 25, 2021 cannot be sustained and is set aside on ground of undue delay
Appeal: Appeal No. 492 of 2021 with Misc. Application No. 829 of 2021 decided on 05.01.2023 (reserved 22.11.2022) - allowed on delay ground
SAT matter SATV-DC781793CEDADECF0A49B31A
Respondent granted two weeks to file reply in Appeal No. 646 of 2024 · Rejoinder, if any, may be filed within three weeks thereafter
Appeal: Appeal Nos. 646/2024, 496/2024 and 513/2024 pending before SAT; next date 09.04.2025; interim order to continue

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Source: SecMarx — BRD Securities Ltd.. 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.