Embassy Sales Private Limited

2 matters before the Securities Appellate Tribunal

SAT-appeal

Alleged concerted trading among connected entities to create misleading appearance and inflate PMC Fincorp price via positive LTP/NHP/NLP contributions.
AO common order dated February 26, 2021 quashed · Appeal Nos. 603, 604 and 605 of 2021 allowed
Appeal: Appeal Nos. 603, 604, 605 of 2021 allowed and disposed on 28.08.2023 (reserved on 09.08.2023)
Alleged that 8 noticees trading among themselves created misleading appearance of trading and manipulated PMC Fincorp price via positive LTP/NHP contributions and artificial demand.
Impugned AO common order dated February 26, 2021 quashed · Appeal Nos. 603, 604 and 605 of 2021 allowed with no order as to costs
Appeal: Appeal Nos. 603, 604 and 605 of 2021 allowed by SAT order dated 28.08.2023 (reserved 09.08.2023); AO order dated 26.02.2021 imposing Rs 10 lakhs each quashed

Analyse these matters in Ontology · Plans

Source: SecMarx — Embassy Sales 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.