Caps Finstock Services Pvt. Ltd.
SAT-appeal
- Alleged creation of artificial volume and manipulation of the price of Polar Pharma India Ltd. shares through self-trades and synchronised trades, without genuine transfer of beneficial ownership.Appeal Nos. 243 and 244 of 2020 allowed without costs · WTM order dated 15 January 2020 and AO order dated 30 January 2020 quashed and set asideAppeal: Appeal Nos. 243 and 244 of 2020 allowed by SAT on 9 June 2022; impugned WTM and AO orders quashed and set aside.
- Alleged creation of artificial volume and manipulation of the price of Polar Pharma India Ltd. through self-trades and synchronised trades, without genuine transfer of beneficial ownership.Appeal Nos. 243 and 244 of 2020 allowed without costs · WTM order dated January 15, 2020 and AO order dated January 30, 2020 quashed and set asideAppeal: Appeal Nos. 243 and 244 of 2020 decided by SAT on 09 June 2022; both appeals allowed.
Source: SecMarx — Caps Finstock Services Pvt. 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.