Brij Mohan Mahajan

SAT-appeal

• SEBI held that Alchemist Infra Realty Limited launched collective investment schemes without obtaining SEBI registration.
  Appeal No. 124 of 2013 was heard and disposed of with Appeal No. 123 of 2013.
  Appeal: Appeal Nos. 123 and 124 of 2013 disposed of by SAT on 23 July 2013; prior Jharkhand Letters Patent Appeal was withdrawn.
• SAT matter SATV-2778BB51537FA2A5DC42F827
  Attachment on House No. 194, Sector 18A, Chandigarh to be released upon filing an affidavit confirming it is the appellants' only residential house. · Appellants may pursue ownership claims concerning Locker No. 34, Punjab National Bank, by instituting a suit.
  Appeal: Appeal No. 538 of 2023, decided and disposed of by SAT on 16 December 2025; no costs.
• Alchemist allegedly launched Collective Investment Schemes without SEBI registration via land sale plus supervision/development agreements promising expected value.
  SEBI impugned order dated 21.06.2013 held Appellant No.1 launched CIS without registration; SAT disposed Appeals 123 and 124 of 2013 together on 23.07.2013