Balram Garg

SAT-appeal

• SAT matter SATV-09CB266CADAE4504599844E7
  Urgency applications disposed of · SEBI directed to supply certified copy of the impugned order within two weeks from 21 May 2021
  Appeal: Appeal Nos. 375 and 376 of 2021; interim order dated 21 May 2021; listed for final disposal on 20 July 2021
• SAT matter SATV-11BD82BCAC9BA26737B52CF2
  Appeal Nos. 375 and 376 of 2021 listed for hearing on 12 August 2021 · Parties directed to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal Nos. 375 and 376 of 2021 were pending and listed for hearing on 12 August 2021; no disposal on merits stated.
• SAT matter SATV-09F1DA643795FC0733551D8E
  Order reserved in Appeals Nos. 375 and 376 of 2021 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 375 and 376 of 2021 were heard on 9 September 2021; order reserved.
• SAT matter SATV-2DAB0A361EF4ACE10935A2B7
  List Appeals Nos. 375 and 376 of 2021 on 8 September 2021 · Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal Nos. 375 and 376 of 2021 were listed for 8 September 2021; no disposal on merits is stated.
• Insider trading in PC Jeweller Ltd while in possession of UPSI-I (Rs.350 buy-back proposal) and UPSI-II (SBI NOC refusal/withdrawal) by withholding sales then selling at inflated prices.
  Restrained from accessing securities market for one year · Restrained from buying/selling/dealing in PC Jeweller Ltd securities for two years
• SAT matter SATV-98346097DB682CE474892004
  Direction no.(i) in paragraph 43 of impugned order stayed during pendency of appeal · Amounts under direction nos.(iii) and (iv) already in escrow to remain in escrow during pendency
  Appeal: Appeal Nos.375 of 2021 and 376 of 2021 against common SEBI order pending; interim stay/escrow/50% deposit ordered 21 May 2021; next date 20 July 2021
• SAT matter SATV-9F5B018214ACDFBCEF4E5FCE
  Heard counsel for appellants; put up on September 9, 2021 for arguments of respondent · Parties to take instructions from Registrar 48 hrs before date fixed on video conference or physical hearing
  Appeal: Appeal No. 375 of 2021 and Appeal No. 376 of 2021 pending before SAT Mumbai; part-heard on 08.09.2021, adjourned to 09.09.2021
• Insider trading in PC Jeweller by withholding sales during buyback proposal (UPSI-I) and selling at inflated price before withdrawal disclosure after SBI NOC refusal (UPSI-II).
  Restrained from accessing securities market for 1 year per WTM order · Restrained from buying/selling/dealing in PC Jeweller securities for 2 years
  Appeal: Appeal Nos. 375 and 376 of 2021 reserved 09.09.2021, decided 21.10.2021 against WTM order 11.05.2021
• SAT matter SATV-CF2985F7D0AB50A3E9AEAD19
  List Appeals No. 375 and 376 of 2021 on September 08, 2021 · Parties to take instructions from Registrar 48 hrs before date fixed on video conference vs physical hearing mode
  Appeal: Appeal No. 375 of 2021 and Appeal No. 376 of 2021 pending, adjourned to September 08, 2021
• SAT matter SATV-E700D7EACA06BEDE64ED1A7C
  Order reserved after hearing counsel for parties at length
  Appeal: Appeal No. 375 of 2021 and Appeal No. 376 of 2021 heard on 09.09.2021; order reserved
• SAT matter SATV-F012E741BCB5BBCDDCDD1324
  List Appeal Nos. 375 and 376 of 2021 on August 12, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
  Appeal: Appeal No. 375 of 2021 (Balram Garg) and Appeal No. 376 of 2021 (Shivani Gupta & Ors) vs SEBI pending; listed on August 12, 2021, not disposed
• SAT matter SATV-4C68759C871D1B4DDBDD170B
  Respondent's arguments to be heard on 9 September 2021 · Parties to obtain instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
  Appeal: Appeal Nos. 375 of 2021 and 376 of 2021 were pending; respondent's arguments were scheduled for 9 September 2021.