Gaurang Ajit Sheth

8 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Appellant permitted to pay penalty under impugned orders within three months from 08/03/2016
If paid timely, SEBI to accept payment in discharge of entire claim under impugned orders
Appellants granted three months from 18 March 2016 to pay the penalties imposed under the respective impugned orders.
If paid within the stipulated period, SEBI must accept payment in full discharge of its claims; otherwise SEBI may recover the penalties with interest as permitted by law.
Appellant to pay penalty imposed under SEBI order dated 23 September 2014

SAT-appeal

Alleged membership of the Pabari-Parikh Group and participation in off-market transfers, synchronized trades and self-trades in LGS Global Ltd. shares, violating the PFUTP Regulations.
Impugned adjudication order set aside qua the appellant. · Matter remanded to SEBI for fresh decision on merits and in accordance with law.
Appeal: Appeal No. 2 of 2015 decided on 20 January 2016; appeal disposed of, impugned order set aside qua appellant and matter remanded. Typographical correction issued on 29 January 2016.
SAT matter SATV-24CBF9194F2E3284758E9CDF
Appeals Nos.16, 54 and 274 of 2015 allowed to be withdrawn · Appellant permitted to pay penalty under impugned orders within three months from 08/03/2016
Appeal: Appeal Nos.16 of 2015, 54 of 2015 and 274 of 2015 withdrawn and disposed on 08/03/2016 with no costs
SAT matter SATV-409BF31844DCB3FCEBE09723
Appeals permitted to be withdrawn. · Appellants granted three months from 18 March 2016 to pay the penalties imposed under the respective impugned orders.
Appeal: Appeal Nos. 87 of 2015 and 124 of 2015 withdrawn and disposed of on 18 March 2016; no order as to costs.
SAT matter SATV-5252063C08A7A86B8875B2D0
Delay of 23 days in filing review condoned by consent · Review Application No. 4 of 2016 allowed by consent
SAT matter SATV-5ECBE13BE0202ED379C0999D
Permit withdrawal of Appeal No.87 of 2015 and Appeal No.124 of 2015 · Grant three months to appellants to pay penalty imposed in impugned orders
Appeal: Appeal No.87 of 2015 and Appeal No.124 of 2015 withdrawn and disposed of on 18/03/2016 with no order as to costs
SAT matter SATV-B3CF7C837E6626B6ECB8B365
Appeals allowed to be withdrawn · Appellant permitted to pay penalty under impugned orders within three months from 08/03/2016
Appeal: Appeal Nos. 16 of 2015, 54 of 2015 and 274 of 2015 withdrawn and disposed on 08/03/2016
SAT matter SATV-C3A22459BF1A8AE7A9F878DB
Misc. Application No. 216 of 2015 disposed of as withdrawn with no order as to costs · Appeal No. 274 of 2015 to come up for hearing at admission stage on September 28, 2015
Appeal: Appeal No. 274 of 2015 pending at admission stage, next hearing September 28, 2015; Misc. Application No. 216 of 2015 disposed as withdrawn on August 20, 2015
SAT matter SATV-78653CF24C48392E1A565C27
Appeal Nos. 16, 54 and 274 of 2015 allowed to be withdrawn · Appellant permitted to pay penalty under impugned orders within three months from 08/03/2016
Appeal: Appeal Nos. 16, 54 and 274 of 2015 disposed as withdrawn on 08/03/2016

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Source: SecMarx — Gaurang Ajit Sheth. 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.