Devendra Kumar Sharma
Penalties and directions recorded
- Appellants restrained from accessing the securities market for four years from completion of investor refunds.
SAT-appeal
- SAT matter SATV-04DEEDECC715D6DDFECB8423Matter directed to be listed for admission on 30 November 2022 due to connectivity problem at the appellants' end.Appeal: Appeal No. 893 of 2022 was listed; admission hearing adjourned to 30 November 2022. No disposal on merits stated.
- BNP allegedly mobilized public funds through offers of redeemable preference shares with an option to convert into equity shares, in violation of the Companies Act and ICDR Regulations.Appeal No. 893 of 2022 dismissed. · WTM directions to refund amounts collected through RPS application money upheld.Appeal: SAT Appeal No. 893 of 2022, decided and dismissed on 5 July 2023
- SAT matter SATV-1677EDF447993507A4F1462CAppellants granted three weeks and no further time to file rejoinder · Matter listed for hearing on 6 June 2023Appeal: Appeal No. 893 of 2022 was pending; rejoinder permitted and matter listed on 6 June 2023
- SAT matter SATV-2584E7AC9BB6A66CFA3BB182Delay of 1718 days in filing the appeal condoned · Appellants allowed three weeks to file replyAppeal: Appeal No. 893 of 2022; delay condoned on 13 December 2022; appeal adjourned for replies, rejoinder and final disposal on 27 January 2023
- SAT matter SATV-898A9D910D25470AC83ED7C8Two weeks time allowed to appellant to file rejoinder · List for admission and for final disposal on April 18, 2023Appeal: Appeal No. 893 of 2022 pending; adjourned on appellants request to April 18, 2023 for admission and final disposal
Source: SecMarx — Devendra Kumar Sharma. 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.