Badri Lal Birla

13 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Parties to obtain instructions from the Registrar 48 hours before the next hearing regarding physical or video-conference hearing.
AO penalty Rs.10 lakh on Badri Lal Birla under challenge in Appeal 524/2019
AO penalty Rs.6 lakh on Chandrakanta Laddha under challenge in Appeal 601/2019
AO penalty Rs.5 lakh on Arihant Capital Markets Ltd under challenge in Appeal 334/2020
Matters listed for final disposal on December 18, 2020

SAT-appeal

SAT matter SATV-0D9469C6BBA55A1CB080924F
Order reserved; no substantive relief or directions recorded in the extracted text · Parties directed to act on the digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 524 of 2019, 605 of 2019, 334 of 2020 and 601 of 2019 heard together; order reserved on 22 December 2020
SAT matter SATV-347B5AA89A7DDC6BD8CBAE5E
Appeal Nos. 524 and 605 of 2019 were adjourned for further hearing along with other appeals on 22 December 2020. · Parties to obtain instructions from the Registrar 48 hours before the next hearing regarding physical or video-conference hearing.
Appeal: Appeal Nos. 334 of 2020, 524 of 2019, 601 of 2019 and 605 of 2019 were listed; Appeals 524 and 605 of 2019 were adjourned for further hearing on 22 December 2020.
Artificial raising of Moryo Industries Ltd price via miniscule buy/sell orders contributing to positive LTP; Arihant charged with failure to exercise due care and diligence as broker for Birla.
WTM 5-year restraint from securities market under challenge in Appeal 605/2019 · AO penalty Rs.10 lakh on Badri Lal Birla under challenge in Appeal 524/2019
Appeal: SAT Appeals 524/2019, 605/2019, 601/2019, 334/2020 heard together; Reserved 22.12.2020, Decided 24.03.2021; Appeal 605/2019 filed with 254 days delay
SAT matter SATV-7D7925927A259BA3AB8DDF91
Order reserved after hearing counsels for appellants and SEBI · Parties to act on digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 524 of 2019, 605 of 2019, 334 of 2020 and 601 of 2019 heard on 22.12.2020; order reserved
SAT matter SATV-8423F2A9F362C163550DB539
Three weeks time allowed to appellants to file rejoinder · Matters listed for final disposal on December 18, 2020
Appeal: Appeal Nos. 334 of 2020, 524 of 2019, 601 of 2019 and 605 of 2019 pending before SAT; procedural order dated 25.11.2020 grants time for rejoinder and lists for final disposal on 18.12.2020
SAT matter SATV-A81AA1F94DA1B4BF110E85E9
Put up Appeal Nos. 524 and 605 of 2019 for further hearing along with other appeals on December 22, 2020 · Parties to seek instructions from Registrar 48 hrs before fixed date on physical vs video conference hearing
Appeal: Appeal Nos. 334 of 2020, 524 of 2019, 601 of 2019, 605 of 2019 heard on 18.12.2020 and adjourned to 22.12.2020; not disposed
SAT matter SATV-A06087AA10990A3711CD47D1
Order reserved after hearing counsels for appellants and SEBI · Parties to act on digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 524 of 2019, 605 of 2019, 334 of 2020 and 601 of 2019 heard on 22.12.2020; order reserved, no disposal on merits yet
SAT matter SATV-CA34A333A077569F2B629AC3
Matters put up for further hearing along with other appeals on 22 December 2020 · Parties to seek instructions from Registrar 48 hrs before fixed date on physical vs video conference hearing
Appeal: Appeal Nos. 334 of 2020, 524 of 2019, 601 of 2019, 605 of 2019 adjourned to 22 December 2020 for further hearing; not disposed
Artificially raising price of Moryo Industries Ltd scrip via miniscule buy/sell orders contributing to positive LTP; broker failed due care and diligence.
WTM restrained Badri Lal Birla and Chandrakanta Laddha from securities market for 5 years · AO penalty Rs.10 lakh on Badri Lal Birla
Appeal: Appeal Nos.524/2019, 605/2019, 601/2019 and 334/2020 disposed by common SAT decision dated 24.03.2021 reserved on 22.12.2020
Artificially raising price of Moryo Industries Ltd scrip in 2013-14 via miniscule buy/sell orders contributing to positive Last Traded Price (LTP); broker failure to exercise due care.
Appeal: Appeal Nos.524/2019,605/2019,601/2019,334/2020 heard together and disposed by common SAT decision dated 24.03.2021 (reserved 22.12.2020)
Artificial price rise in Moryo Industries Ltd in 2013-14 via miniscule buy/sell orders contributing to positive LTP; broker failed due care and diligence.
WTM restrained Badri Lal Birla and Chandrakanta Laddha from securities market for 5 years · AO penalty Rs.10 lakh on Badri Lal Birla
Appeal: Appeal Nos. 524/2019, 605/2019, 601/2019, 334/2020 disposed by common order; Reserved 22.12.2020, Decided 24.03.2021
SAT matter SATV-D7F7F5028C3406260B8A04DB
Order reserved after hearing counsel for appellants and respondent · Parties directed to act on digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 524 of 2019, 605 of 2019, 601 of 2019 and 334 of 2020 heard on 22.12.2020; order reserved
SAT matter SATV-F137722BD9F182E97644AE19
Put up Appeal Nos. 524 and 605 of 2019 for further hearing alongwith other appeals on December 22, 2020 · Parties to seek instructions from Registrar 48 hrs before fixed date on physical vs video conference hearing
Appeal: Appeal No. 334 of 2020, 524 of 2019, 601 of 2019 and 605 of 2019 pending; adjourned to 22 December 2020

Analyse these matters in Ontology · Plans

Source: SecMarx — Badri Lal Birla. 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.