Brij Kishore Sabharwal

2 matters before the Securities Appellate Tribunal

SAT-appeal

Alleged deviation from objects of June-Aug 2013 preferential issues and mis-utilisation of proceeds violating Clause 43/Reg 32 and PFUTP Regs 3-4.
Impugned AO order dated 23 May 2023 quashed qua appellants · Appeals allowed with no order as to costs
Deviation from objects of six preferential issues and utilisation of proceeds for other purposes violating Clause 43/Reg 32 LODR and Reg 3-4 PFUTP
Impugned AO order quashed qua appellants · Appeals allowed with no order as to costs

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Source: SecMarx — Brij Kishore Sabharwal. 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.