Darshan Jayendra Kothari

SAT-appeal

• Alleged synchronized, circular, structured and self-trades without change in beneficial ownership, creating artificial trading volume and constituting fraudulent and manipulative practices.
  Impugned common AO order dated 30 April 2020 quashed insofar as it concerned the appellants. · Appeals allowed with no order as to costs.
  Appeal: Appeal Nos. 198, 199, 200 and 276 of 2020 allowed on 21 January 2021; impugned AO order quashed for the appellants.
• Alleged synchronized, circular, structured and self-trades without real change in beneficial ownership, creating artificial trading volumes and constituting fraudulent and manipulative practices.
  Impugned common AO order dated 30 April 2020 quashed insofar as it concerned the appellants · Appeals allowed with no order as to costs
  Appeal: Appeal Nos. 198, 199, 200 and 276 of 2020 allowed by SAT on 21 January 2021; Miscellaneous Application No. 283 of 2020 (delay application) also listed.
• Synchronized, circular, self-trades in Richa Industries Ltd with no real change in beneficial ownership creating artificial volume, alleged fraudulent and manipulative.
  AO common order dated April 30, 2020 quashed qua appellants · Appeals allowed with no order as to costs
  Appeal: Appeal Nos. 198, 199, 200 and 276 of 2020 allowed by SAT decision dated 21.01.2021 (hearing 11.01.2021); AO order quashed qua appellants
• Synchronized/circular/self trades in Richa Industries Ltd with no change in beneficial ownership creating artificial volume, alleged fraudulent and manipulative.
  Impugned AO common order dated April 30, 2020 quashed qua appellants · Appeals allowed with no order as to costs
  Appeal: Appeal Nos. 198, 199, 200 and 276 of 2020 with Misc. Application No. 283 of 2020 allowed and disposed on 21.01.2021 after hearing on 11.01.2021