Combine Holding Ltd.
Penalties and directions recorded
- Matters were not on board and were mentioned before the Tribunal.
- List all matters on the date already fixed, 3 July 2023.
- Effect and operation of impugned orders stayed during pendency subject to 25% penalty deposit
- Upon compliance balance penalty not to be recovered during pendency of appeal
- Frozen accounts pursuant to impugned orders to be lifted forthwith
SAT-appeal
- SAT matter SATV-2FB02F6471DE9219BEECF6A0Matters were not on board and were mentioned before the Tribunal. · List all matters on the date already fixed, 3 July 2023.Appeal: Appeal Nos. 373 to 383 of 2023 were mentioned; the matters were directed to be listed on 3 July 2023. No disposal on merits.
- Alleged undisclosed control of PNB Finance and Industries Ltd by Jain family as promoters/persons in control acting in concert and failure to meet minimum public shareholding.Effect and operation of impugned orders stayed during pendency subject to 25% penalty deposit · Upon compliance balance penalty not to be recovered during pendency of appealAppeal: Appeal Nos.371-383 of 2023 filed; operation stayed during pendency subject to deposit; listed for admission and final disposal on 3 July 2023
Source: SecMarx — Combine Holding 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.