Cityscape Infrastructure Private Limited

2 matters before the Securities Appellate Tribunal

SAT-appeal

Illegal collection of Rs 15.61 crore from investors leading to WTM direction to refund with 15% p.a. interest from due date till payment.
Appellants at liberty to represent to SEBI on mode of refunds made and balance refunds per impugned order · SEBI to consider extension of time and reconsider restraint order if full details furnished
Appeal: Appeal Nos. 300 of 2016 and 317 of 2016 disposed on 09.11.2016 with liberty to represent to SEBI; no costs
Illegal collection of Rs 15.61 crore from investors; WTM directed refund with 15% p.a. interest from due date till payment.
Both appeals disposed with liberty to appellants to make representation to SEBI · SEBI to consider extension of time for balance refunds with interest if full details furnished
Appeal: Appeal Nos. 300 of 2016 and 317 of 2016 disposed on 09.11.2016 with no order as to costs

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Source: SecMarx — Cityscape Infrastructure Private Limited. 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.