Chiranjilal Jayram Vyas

SAT-appeal

• SAT matter SATV-12D5B9B19BF8ECFB019131C7
  Appeals listed for 13 October 2022 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022; order dated 21 September 2022; listed for 13 October 2022
• SAT matter SATV-232FC54FC4F7756A379BF87B
  Respondent allowed three weeks to file reply · Appellants allowed three weeks thereafter to file rejoinder
  Appeal: Appeal Nos. 302 to 306 of 2022; order dated 23 June 2022 granted time for replies and rejoinders and listed the matters for 12 August 2022
• SAT matter SATV-24BEE18F2FA1F19CB7D01752
  List Appeals Nos. 302 to 306 of 2022 on 23 November 2022 · Parties directed to act on the digitally signed copy of the order
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 were pending and directed to be listed on 23 November 2022
• SAT matter SATV-332A6B59AD66E02465B1F5A5
  List the matters on 20 September 2021 · Parties to contact the Registrar 48 hours before the listed date regarding video-conference or physical hearing
  Appeal: Appeal Nos. 119, 120, 121, 122, 123 and 124 of 2020 were listed for further hearing on 20 September 2021; no disposal on merits stated.
• SAT matter SATV-2B8F5A57CB228392449C01F5
  Respondent granted three weeks to file reply · Appellants granted three weeks thereafter to file rejoinder
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 were taken up together on 23 June 2022; reply and rejoinder timelines fixed, with listing for admission and final disposal on 12 August 2022
• Circular trades via off-market transfers creating misleading appearance of trading, inflating price and unjust enrichment in violation of Reg 3 and 4 PFUTP.
  Impugned AO order dated 25.03.2022 quashed · Appeal Nos. 302-306 of 2022 allowed
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 allowed and disposed on 28.03.2023
• Circular trades in Sunteck Realty Limited creating misleading appearance of trading and inflating price for unjust enrichment
  AO had imposed penalty of twice unlawful gains under Section 15HA; SAT reviewing calculation of unlawful gains and penalty
  Appeal: Appeal Nos. 119, 120, 121, 122, 123, 124 of 2020 reserved on 20.09.2021 decided on 27.09.2021
• SAT matter SATV-503685D7C4EB79A0DF06C6D6
  List Appeal Nos. 119-124 of 2020 on 20th September, 2021 · Parties to contact Registrar 48 hours before fixed date to confirm VC or physical hearing
  Appeal: Appeal Nos. 119-124 of 2020 pending; adjourned to 20 September 2021 vide order dated 16.7.2021
• SAT matter SATV-3FB950A9BA206600248B0604
  List Appeal Nos. 302-306 of 2022 on November 23, 2022
  Appeal: Appeal Nos. 302-306 of 2022 with Misc. Applications 818, 1078-1082 of 2022 pending; adjourned to 23 November 2022, no disposal yet
• SAT matter SATV-595B03FEEA9538A81B7E2BF6
  List on 20th September, 2021 · Parties to contact Registrar 48 hours before date fixed to ascertain video conferencing or physical hearing
  Appeal: Appeal Nos. 119, 120, 121, 122, 123, 124 of 2020 pending; adjourned on 16 July 2021 to 20 September 2021, no disposal
• SAT matter SATV-4248002FC0109C8AB60F7D38
  List Appeals on 20th September, 2021 · Parties to contact Registrar 48 hours before fixed date for hearing mode
  Appeal: Appeal Nos.119, 120, 121, 122, 123 and 124 of 2020 pending before SAT; adjourned to 20 September 2021, not disposed on 16 July 2021
• SAT matter SATV-72C9BAD823359A854400D0BB
  List Appeal Nos. 302-306 of 2022 on October 13, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending before SAT; adjourned to October 13, 2022 vide order dated 21.09.2022
• SAT matter SATV-85F85BA56874A857893845C2
  Respondent SEBI to file reply within three weeks · Appellants to file rejoinder within three weeks thereafter
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending; reply-rejoinder ordered; next listing on 12 August 2022 for admission and final disposal
• SAT matter SATV-825A9DF92769D656F0696522
  List Appeal Nos. 302 to 306 of 2022 on October 13, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending before SAT Mumbai; adjourned vide order dated 21.09.2022 to 13.10.2022
• Circular trades via off-market transfers creating misleading appearance of trading and inflating price of illiquid scrip, violating PFUTP Regs 3 and 4.
  Impugned AO order dated 25 March 2022 quashed · Appeal Nos. 302-306 of 2022 allowed
  Appeal: Appeal Nos. 302-306 of 2022 allowed on 28.03.2023; AO order dated 25.03.2022 quashed and remanded; earlier appeals partly allowed on 27.09.2021
• SAT matter SATV-AF6608153E8D1694A06DDE1C
  List Appeals No.119-124 of 2020 on 20th September, 2021 · Parties to contact Registrar 48 hours before fixed date to confirm VC or physical hearing
  Appeal: Appeal Nos.119, 120, 121, 122, 123, 124 of 2020 pending before SAT; adjourned to 20 September 2021 per order dated 16 July 2021
• SAT matter SATV-4BD50DC3EE903DF3310434A8
  Miscellaneous Application No. 728 of 2023 was directed to be listed on 19 June 2023.
  Appeal: Miscellaneous Application No. 728 of 2023 in Appeal Nos. 302 of 2022, 303 of 2012, 304 of 2022, 305 of 2022 and 306 of 2022; listed for 19 June 2023. No disposal on merits stated.
• Alleged circular trading, misleading appearance of trading and price inflation through off-market share transfers to entities that sold in the market, followed by buybacks and repeat transfers, violating PFUTP Regulations 3 and 4.
  Impugned AO order dated 25 March 2022 quashed. · Matter remitted to the AO to recalculate unlawful gains.
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 allowed on 28 March 2023; connected miscellaneous applications disposed.
• SAT matter SATV-CC5BB7CB978E68A539A5AA69
  List Appeals Nos. 302-306 of 2022 on November 23, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual charges
  Appeal: Appeal Nos. 302, 303, 304, 305, 306 of 2022 with Misc. Applications Nos. 818, 1078, 1079, 1080, 1081, 1082 of 2022 pending; next listing November 23, 2022
• Circular trades in Sunteck Realty Ltd creating misleading appearance of trading and inflating price via off-market transfers and market buy-backs among connected entities.
  SAT held delay not a ground to quash but mitigating for penalty; unlawful gains computation requires reconsideration - full operative part truncated in excerpt
  Appeal: Appeal Nos. 119, 120, 121, 122, 123, 124 of 2020 reserved on 20.09.2021, decided on 27.09.2021 against common AO order
• SAT matter SATV-FE8D2279246C7FCF9087E2AE
  Adjourned on request of the appellant · List on 16th July, 2021
  Appeal: Appeal Nos. 119, 120, 121, 122, 123 and 124 of 2020 adjourned on appellant request, next listed on 16 July 2021
• Circular trades via off-market transfers to create misleading appearance of trading and inflate price of illiquid scrip.
  Impugned AO order dated 25 March 2022 quashed; appeals allowed · Matter remitted to AO to recalculate unlawful gains only on tainted shares sold inter-se between appellants/noticees
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 allowed on 28.03.2023; AO order dated 25.03.2022 quashed and remanded
• SAT matter SATV-F7B84CC5322A008C8C32E520
  Respondent SEBI to file reply within three weeks · Appellant to file rejoinder within two weeks thereafter
  Appeal: Appeal No.124 of 2020 pending before SAT; at reply/rejoinder stage, next listed on 10 March 2021
• SAT matter SATV-FCBCAF5477C18A520782A313
  Adjourned on request of appellant · List appeals on 16 July 2021
  Appeal: Appeal Nos. 119, 120, 121, 122, 123 and 124 of 2020 adjourned on 14.6.2021, next listed 16 July 2021
• Circular trades in Sunteck Realty Ltd creating misleading appearance of trading, inflating price and cornering 78-85% volume for unjust enrichment
  Delay cannot quash SCN or AO order but is mitigating factor for penalty · Plea of non-supply of trade logs rejected as inspection was offered
  Appeal: Appeal Nos. 119 to 124 of 2020, Order Reserved On 20.09.2021, Date of Decision 27.09.2021
• SAT matter SATV-4B64A43C1053470AA7BA2F41
  Adjudicating Officer to pass appropriate orders pursuant to order dated March 28, 2023 on or before September 30, 2023 · Misc. Application No. 728 of 2023 disposed of
• SAT matter SATV-893A8FB08964D9F6BADCF994
  Respondent SEBI to file reply · Appellants to file rejoinder thereafter
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending before SAT; listed for admission and final disposal on 12 August 2022
• Circular off-market transfers to many entities who sold in market to create misleading appearance of widespread trading and inflate price of illiquid scrip.
  Quashed AO order dated 25 March 2022 · Allowed Appeal Nos. 302-306 of 2022
  Appeal: Appeal Nos. 302-306 of 2022 allowed on 28.03.2023 and remanded; earlier appeals partly allowed on 27.09.2021
• SAT matter SATV-AEB54505A166C63EF67EE4D2
  List these appeals on November 23, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal Nos. 302, 303, 304, 305, 306 of 2022 pending; next listing November 23, 2022
• SAT matter SATV-C8D1648C1570E45830252FAF
  List Appeal Nos.119-124 of 2020 on 20th September, 2021 · Parties to contact Registrar 48 hours before fixed date to ascertain video conferencing or physical hearing
  Appeal: Appeal Nos.119,120,121,122,123,124 of 2020 pending before SAT; adjourned to 20 September 2021 vide order dated 16 July 2021
• SAT matter SATV-C805798A81901BD2CB48D54A
  Adjourned on request of the appellant · List on 16th July, 2021
  Appeal: Appeal Nos. 119, 120, 121, 122, 123 and 124 of 2020 adjourned on 14.6.2021, next listed 16 July 2021
• SAT matter SATV-C548BB1F455FBA7ACF0F8383
  List Appeals Nos. 302-306 of 2022 on November 23, 2022 · Parties to act on digitally signed copy signed by Private Secretary on behalf of bench
  Appeal: Appeal Nos. 302, 303, 304, 305, 306 of 2022 with Misc. Applications 818, 1078-1082 of 2022 pending; adjourned to 23.11.2022, no disposal on merits
• SAT matter SATV-C9FC304678D7467B8BE62299
  Adjourned on request of the appellant · List on 16th July, 2021
  Appeal: Appeal Nos. 119, 120, 121, 122, 123 and 124 of 2020 pending before SAT; adjourned on 14.6.2021 on appellants request, next listed on 16 July 2021
• SAT matter SATV-DB5C8C798FE9168F8BB4E589
  List Appeal Nos. 302-306 of 2022 on October 13, 2022 · Parties to act on digitally signed copy; certified copy available on payment of usual charges
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending before SAT; adjourned to October 13, 2022 with no disposal on merits
• SAT matter SATV-EF9BF64E76FE4A27C34111E5
  List Appeal Nos. 302-306 of 2022 on October 13, 2022 · Parties to act on digitally signed copy of order by Private Secretary
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending; listed for hearing on October 13, 2022; no disposal on 21.09.2022
• SAT matter SATV-FB8380946A4797B1F3BE35BD
  Respondent to file reply within three weeks · Appellants to file rejoinder within three weeks thereafter
  Appeal: Appeal Nos. 302, 303, 304, 305 and 306 of 2022 pending; listed for admission and final disposal on August 12, 2022