Corporate Professionals Capital Pvt. Ltd.

SAT-appeal

• The merchant banker allegedly failed to exercise due diligence and report that promoter B. K. Gupta crossed the 25% shareholding threshold and was required to make an open offer. It did report his delayed disclosure.
  Appeal No. 606 of 2019 dismissed · SEBI AO penalty of Rs. 3 lacs upheld
  Appeal: Appeal No. 606 of 2019, decided on 05 July 2022; appeal dismissed.
• SAT matter SATV-10E56DFF6604F8692FBE01C0
  Three weeks granted to the appellant to file rejoinder · Matter listed for 23 April 2021
  Appeal: Appeal No. 617 of 2019 was pending; rejoinder permitted and matter listed for 23 April 2021
• SAT matter SATV-0F17A857715F9D1344456903
  Three weeks further time granted to the appellant to file rejoinder · Matter listed for hearing on 4 October 2021
  Appeal: Appeal No. 617 of 2019; order dated 25 August 2021 granting further time and listing the matter for 4 October 2021
• SAT matter SATV-19316C90F5F2B7A2CA9988BF
  Matter heard and order reserved
  Appeal: Appeal No. 617 of 2019; order dated 20 December 2021; order reserved, with no final disposal recorded in the text.
• SAT matter SATV-2BC429F99FC173FD340C9BA4
  List the appeal on 8 December 2021 · Parties to take instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal No. 617 of 2019 listed for further hearing on 8 December 2021; no disposal on merits mentioned
• SAT matter SATV-5055CD2D56CE175BA04E750B
  Scanned copies of pleadings to be filed by appellant within two weeks · List the matter on March 11, 2021
  Appeal: Appeal No. 617 of 2019 pending; adjourned to March 11, 2021
• SAT matter SATV-49049F19D06C9DE66E02C044
  Matter stood over to June 29, 2022 at request of appellant counsel · Parties directed to act on digitally signed copy of order
  Appeal: Appeal No. 606 of 2019 pending before SAT Mumbai, adjourned to June 29, 2022
• SAT matter SATV-8031D8344433FB9675540E24
  Three weeks further time allowed to appellant to file rejoinder · List appeal on November 23, 2021
  Appeal: Appeal No. 617 of 2019 pending; adjourned to November 23, 2021 for filing rejoinder
• Merchant banker failed due diligence by incorrectly calculating delisting floor price using simple average of daily prices instead of volume-weighted average market price.
  Appeal dismissed, AO penalty upheld with no error of law · No order as to costs
  Appeal: Appeal No. 617 of 2019 dismissed on 22.12.2021 (reserved on 20.12.2021)
• SAT matter SATV-DAB90974951BFD85A0749957
  Adjourned on request of appellant counsel, listed on December 20, 2021 · Parties to take instructions from Registrar 48 hrs before fixed date on video vs physical hearing
  Appeal: Appeal No. 617 of 2019 adjourned on 08.12.2021, next listed on December 20, 2021
• SAT matter SATV-980F22D996F06036794A8898
  Adjourned on request of respondent counsel · List on March 29, 2022
  Appeal: Appeal No. 606 of 2019 adjourned; next listing on March 29, 2022
• SAT matter SATV-A1874754A7E532D2F883D61B
  Matter adjourned and listed on February 2, 2022 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference vs physical hearing
  Appeal: Appeal No. 606 of 2019 pending before SAT; adjourned to February 2, 2022
• SAT matter SATV-EEE27AA2DF9EF04E0F05AAE3
  Adjourned on request of appellant and listed on March 04, 2022 · Parties to ascertain from Registrar 48 hrs before fixed date whether hearing will be via video conference or physical