Central Depository Services (India) Ltd.

SAT-appeal

• SAT matter SATV-0A2180142F50E907B0B6C701
  List Miscellaneous Application No. 385 of 2023 and Appeal No. 348 of 2023 on 8 September 2023 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal No. 348 of 2023 listed on 8 September 2023; no disposal on merits stated
• SAT matter SATV-0FA8089532F46746EAED592D
  Matter adjourned by consent to 25 July 2025
  Appeal: Appeal No. 348 of 2023 remained pending; adjourned by consent on 23 June 2025 to 25 July 2025
• SAT matter SATV-1E4E473907BD6B5D03582195
  Appeal disposed of with no direction to release the appellant's shares at this stage. · Appellant may demand the shares by refunding the amount paid by NSE, subject to the final outcome of proceedings before the Supreme Court.
  Appeal: Appeal No. 835 of 2023 disposed of by SAT on 19 June 2026; no further disposal stated. Related Supreme Court Civil Appeal Nos. 388-392/2024 remained pending, with status quo noted.
• Grievance of non-initiation of arbitration proceedings by CDSL despite request under Bye-law 22.6
  Appellant to file fresh claim in prescribed format per Clause 22.6.1.1 · CDSL to initiate arbitration proceedings and decide in accordance with law after hearing
  Appeal: Appeal No. 460 of 2023 with Misc. Application Nos. 655 and 501 of 2023 disposed on 06.06.2023
• Whether rejection of renewal of the appellant’s CDSL participant registration was justified because the company was not a fit and proper person and renewal was not in investors’ interests, particularly due to its chairman’s pending criminal case.
  Appeal No. 53 of 2007 dismissed; the SEBI order dated 19 January 2007 rejecting renewal of CDSL participant registration upheld. · Appeals Nos. 62 and 304 of 2004 and 72 of 2006 also dismissed.
  Appeal: Appeal No. 53 of 2007 decided and dismissed on 10 December 2007; the order also disposed of Appeals Nos. 62 and 304 of 2004 and 72 of 2006.
• SAT matter SATV-3AA3133E6F6D18FB054D9E15
  Delay in filing SEBI’s reply condoned. · SEBI’s reply taken on record.
  Appeal: Appeal No. 835 of 2023 was adjourned on 13 February 2024 and listed for 17 April 2024; no disposal recorded.
• Dispute over ownership of shares pledged with Kotak Mahindra Bank against broker dues; forensic audit ordered to identify owners of disputed pledged shares.
  In modification of 1 March 2021 restraint, appellant permitted to sell shares in Annexure 2 to email dated 11 May 2021 · Annexure 1 to email dated 11 May 2021 not permitted to be sold
  Appeal: Misc. Application No.596 of 2021 (Interim Relief & Urgent Hearing) in Appeal No.93 of 2021; misc application disposed on 18 May 2021
• HDFC Bank claims priority over Karvy Stock Broking receivables from sale of DP and trading accounts and challenges appropriation by exchanges/depositories without first settling its dues.
  Respondents to file reply on maintainability of appeal · Appellant may file rejoinder thereafter
• SAT matter SATV-50CFDB76C797792CA832FFFC
  Appeal disposed of. · SEBI directed to consider and decide Kartik Parekh's representation and pass appropriate orders.
  Appeal: Appeal No. 136 of 2022 disposed of by SAT on 8 April 2022
• Appellant alleges shares in DP Account No. 11458979 withheld by exchange/depositories despite no judicial restraint order.
  Matter adjourned to June 19, 2026 for respondents to complete instructions on claimed judicial restraint
  Appeal: Appeal No. 835 of 2023 pending before SAT; adjourned to June 19, 2026
• SAT matter SATV-594BF1305B80844E3940B356
  By consent, the matter was adjourned and directed to be listed on 3 February 2025 · Respondent No. 2 was requested to convey the proceedings to Respondent No. 1
  Appeal: Appeal No. 35 of 2025; order dated 31 January 2025; matter adjourned by consent to 3 February 2025
• The appellants alleged that shares were transferred from their demat account without authority and sought reversal of the transfer, compensation, and other reliefs.
  Miscellaneous Application No. 190 of 2021 for exemption from filing the certified copy was allowed. · Appeal No. 183 of 2021 was dismissed.
  Appeal: Appeal No. 183 of 2021 decided and dismissed by SAT on 22 April 2021; challenge was to SEBI SCORES review order dated 4 February 2021.
• SAT matter SATV-6572A4EF2FD4483B8DEC2CB9
  Appeal No. 267 of 2022 dismissed as infructuous · Appellant left open to pursue remedy before the appropriate forum
  Appeal: Appeal No. 267 of 2022 dismissed as infructuous on 16 June 2022; Miscellaneous Application No. 517 of 2022 disposed of.