Glorius Vincom Pvt. Ltd.

SAT-appeal

• Alleged collusion to artificially raise the price of Jaisukh Dealers Pvt. Ltd. shares through positive LTP contributions, connected trades and artificial trading, enabling preferential allottees/promoters to exit at higher prices.
  All five appeals dismissed without any order as to costs · Miscellaneous Application No. 37 of 2021 disposed of
  Appeal: Appeal Nos. 482, 551, 552 of 2020, 73 and 309 of 2021 dismissed by SAT on 8 June 2021; AO order dated 29 October 2020 upheld
• Collusive inflation of illiquid Jaisukh Dealers Pvt. Ltd. price via positive LTP and artificial trades to provide profitable exit to preferential allottees Anita and Sabita Jajodia.
  All five appeals dismissed without any order as to costs · Misc. Application No.37 of 2021 disposed of
  Appeal: Appeal Nos.482/2020, 551/2020, 552/2020, 73/2021 and 309/2021 against AO order dated 29.10.2020 dismissed by SAT decision dated 08.06.2021
• Collusive inflation of Jaisukh Dealers Pvt Ltd price via positive LTP in illiquid trading to give exit to preferential allottees Anita and Sabita Jajodia.
  All five appeals dismissed without order as to costs · Misc. Application No.37 of 2021 disposed of
  Appeal: Appeal Nos.482/2020, 551/2020, 552/2020, 73/2021, 309/2021 dismissed by SAT decision dated 08.06.2021
• Collusion to inflate price of illiquid Jaisukh Dealers Pvt. Ltd. via positive LTP trades to give exit to preferential allottees Anita and Sabita.
  All five appeals dismissed without order as to costs · Misc. Application No.37 of 2021 disposed of
  Appeal: Appeal Nos. 482/2020, 551/2020, 552/2020, 73/2021, 309/2021 dismissed by SAT on 08.06.2021
• Collusive inflation of price of Jaisukh Dealers Pvt. Ltd., having no financials, via positive LTP to give exit to preferential allottees Anita and Sabita Jajodia.
  All five appeals dismissed without costs, AO Rs.5 lakh penalty each upheld · Misc. Application No.37 of 2021 disposed of
  Appeal: Appeal Nos.482/2020,551/2020,552/2020,73/2021,309/2021 dismissed on 08.06.2021