Catalyst Trusteeship Limited

SAT-appeal

• SAT matter SATV-032AC471D73746CE82B6995F
  Matter adjourned by consent to 21 April 2025 at 2:30 p.m.
  Appeal: Appeal No. 182 of 2024; on 29 January 2025, the appellant sought time and the matter was listed by consent for 21 April 2025.
• SAT matter SATV-08D105EAE9A00B0521C234CE
  Appeal heard in part · Further hearing fixed by consent for 12 June 2025 and 13 June 2025 at 2:30 P.M.
  Appeal: Appeal No. 182 of 2024; heard in part on 5 May 2025; further hearing fixed for 12 and 13 June 2025
• SAT matter SATV-180DA948D0560EC0EC95D3BC
  Appellant granted 10 days to file the list of debenture holders · Matter listed for 14 July 2025
  Appeal: Appeal No. 599 of 2024; order dated 1 July 2025; adjourned for filing of the list of debenture holders and listed on 14 July 2025
• SAT matter SATV-0EF74B608095F33640AAAE54
  Appeal No. 182 of 2024 was part heard and listed for continuation on 1 August 2025
  Appeal: Appeal No. 182 of 2024, part heard on 25 July 2025; listed for continuation on 1 August 2025
• SAT matter SATV-2F07AC675F567DD04C351A0B
  Impugned order stayed subject to deposit of 50% of the penalty amount with SEBI · Deposit to be maintained in an interest-bearing account
  Appeal: Appeal No. 599 of 2024 admitted on 17 October 2024; interim stay granted subject to deposit condition; next listed on 9 December 2024
• Failure to ensure achievement of the AIF scheme's second and final closings under the PPM, allegedly violating Regulation 11(1) and the SEBI Circular's due-diligence and compliance requirements.
  Appeal against the WTM order dated 28 February 2024; the text provided ends before the Tribunal's final operative disposition. · Impugned directions were earlier stayed by SAT interim order dated 13 March 2024.
  Appeal: Appeal No. 182 of 2024, heard and reserved on 11 August 2025; order dated 28 November 2025. Final disposal is not included in the supplied text.
• Fund failed to comply with PPM terms by not achieving second and final closing, violating Reg 11(1) read with Circular Cl 2(C)(b)(i),(ii) and 2(C)(c)(ii).
  WTM barred appellant from new AIF trustee assignments for 1 year from 28 Feb 2024 · WTM restrained appellant from associating with SEBI intermediaries for 3 months
  Appeal: Appeal No.182 of 2024 u/s 15T against WTM order 28 Feb 2024; heard/reserved 11 Aug 2025, pronounced 28 Nov 2025; interim stay 13 Mar 2024
• SAT matter SATV-3310C6EA4BA61F4568694467
  Order reserved after hearing the parties
  Appeal: Appeal No. 182 of 2024 heard by SAT; order reserved on 11 August 2025
• SAT matter SATV-3B128DCA2F98EA5EFAB72E6F
  Hearing was heard in part · Matter listed for further hearing on 17 June 2025 at 1:00 P.M.
  Appeal: Appeal No. 182 of 2024; heard in part on 12 June 2025 and listed for further hearing on 17 June 2025
• SAT matter SATV-4E40408F62871B09E206743E
  Not on Board; to be called on December 05, 2025
  Appeal: Misc. Application No. 1310 of 2025 in Appeal No. 182 of 2024 pending; next date December 05, 2025
• SAT matter SATV-4FAAA62585E7BA3CE7166B19
  Heard in part · Listed for further hearing on 01.07.2025
  Appeal: Appeal No. 599 of 2024 pending, heard in part on 26.06.2025, next hearing on 01.07.2025
• SAT matter SATV-543F3BE53369F1AF2BF18CCD
  Call on January 08, 2025
  Appeal: Appeal No. 182 of 2024 pending before SAT; adjourned vide order dated 11.12.2024 to 08.01.2025
• SAT matter SATV-3EB8D4C1C26241F09F705E8B
  Call / listed on August 05, 2025 at 2:30 P.M.
  Appeal: Appeal No. 599 of 2024 (Catalyst Trusteeship Limited vs SEBI) pending; order dated 14.07.2025 lists matter for 05.08.2025
• Category II AIF Brick Eagle Trust failed to achieve Second and Final closing per PPM; trustee failed to act in investors interest with integrity, due diligence and high standards of service.
  Stay of effect and operation of para 28(D) and 28(F) of WTM order dated 28 Feb 2024 insofar as appellant Catalyst · Appellant shall comply with directions at para 28(A) and 28(B) to wind up Scheme with exit to investors
  Appeal: Appeal No 182 of 2024 with Misc Applications 219 and 222 of 2024 against WTM order 28 Feb 2024; stay of paras 28(D)(F) granted 13 Mar 2024, appeal pending, listed 12 Jun 2024
• SAT matter SATV-6A52DFA415E6961F7C34C07F
  Matter adjourned and to be called on July 01, 2025 at 02:30 P.M.
  Appeal: Appeal No. 182 of 2024 pending before SAT Mumbai; adjourned on 17.06.2025 without disposal
• SAT matter SATV-768FA49D6349870703398CFD
  Call on 05.05.2025
  Appeal: Appeal No. 599 of 2024 heard on 16.04.2025, adjourned to 05.05.2025, no disposal on merits
• SAT matter SATV-9F3D42FA6372C333E1AD9249
  Call on July 15, 2025 at 02:30 P.M.
  Appeal: Appeal No. 182 of 2024 heard on 01.07.2025, adjourned to 15.07.2025, pending with no disposal recorded
• SAT matter SATV-44242822C714804E4D26C888
  Appellant was granted time; matter was directed to be listed on 11 December 2024.
  Appeal: Appeal No. 182 of 2024 was pending; on 25 October 2024, the SAT granted time and listed it for 11 December 2024.
• SAT matter SATV-B5447E2F1D4DE486C19406D4
  Adjourned as last chance to 18.08.2025 at 2:30 p.m. · Appellant directed to serve copy of list of debenture holders in advance to respondent
  Appeal: Appeal No. 599 of 2024 pending; adjourned as last chance to 18.08.2025
• Failure as debenture trustee to notify all investors and CRA about SSFL covenant breach and to prove 3-day notice and 30-day meeting compliance.
  Appeal dismissed; AO penalty of Rs.1 lakh confirmed for circular violations · No costs imposed
  Appeal: Appeal No.599 of 2024 under Section 15T reserved Aug 18, 2025 and dismissed on Nov 28, 2025
• SAT matter SATV-C2DDA10BAFC11AFBDE9DCCD3
  By consent, matter to be called on 16.04.2025
  Appeal: Appeal No. 599 of 2024 (Catalyst Trusteeship Limited vs SEBI) pending before SAT; adjourned to 16.04.2025 by order dated 25.03.2025
• SAT matter SATV-E19AA62967B671D7EAA058BC
  By consent, call on March 25, 2025
  Appeal: Appeal No. 599 of 2024 pending; adjourned by consent to March 25, 2025 vide order dated 15.01.2025
• Fund failed to achieve second and final closings per PPM; trustee violated Reg 11(1) read with Circular duties of integrity, due diligence and independent judgment.
  WTM barred appellant from taking new AIF trustee assignments for one year · WTM restrained appellant from associating with SEBI registered intermediaries for three months
  Appeal: Appeal No.182 of 2024 heard and reserved 11 Aug 2025, pronounced 28 Nov 2025; impugned directions stayed by interim order 13 Mar 2024
• SAT matter SATV-79B420771024C8A1D33DAA33
  Matter adjourned by consent, to be called on June 26, 2025
  Appeal: Appeal No. 599 of 2024 pending before SAT Mumbai; vide order dated 05.05.2025 adjourned by consent to June 26, 2025
• SAT matter SATV-80B659809ED22FA53FBD9AD9
  By consent, matter to be called on July 29, 2024
  Appeal: Appeal No. 182 of 2024 with Misc. Application No. 222 of 2024 and Misc. Application No. 547 of 2024 pending before SAT; adjourned by consent to July 29, 2024
• SAT matter SATV-C2C9A2DFDF9EBF7EC71191DD
  Delay in filing reply condoned and reply taken on record · Exemption application allowed
  Appeal: Appeal No. 182 of 2024 with Misc. Application Nos. 222 and 547 of 2024 pending; next hearing September 12, 2024
• Fund failed to comply with PPM terms by not achieving second and final closings, violating Regulation 11(1) AIF Regulations read with Circular clauses 2(C)(b)(i),(ii) and 2(C)(c)(ii).
  Not to take up new assignments as trustee of AIF for 1 year · Restrained from associating with SEBI registered intermediaries for 3 months
  Appeal: Appeal No.182 of 2024 u/s 15T against WTM order dated 28 Feb 2024; heard and reserved 11 Aug 2025, pronounced 28 Nov 2025; directions stayed 13 Mar 2024