Grishma Securities Pvt. Ltd.

SAT-appeal

• SAT matter SATV-174D708150918F7769E4CB4F
  Miscellaneous Application No. 322 of 2015 disposed of. · SEBI permitted CDSL to release shares in the deceased original appellant's demat account to legal heirs according to applicable law and the Tribunal's 10 June 2015 order.
  Appeal: Miscellaneous Application No. 322 of 2015 in Appeal No. 398 of 2014 disposed of on 25 February 2016; no order as to costs.
• SAT matter SATV-9BF4AE58725403E2F22F8DD9
  Three weeks' time allowed to appellants to file rejoinder · List on January 4, 2022
  Appeal: Appeal No. 586 of 2021 pending; rejoinder stage, listed on January 4, 2022
• Alleged that appellant was a front of Grishma Securities Pvt. Ltd. and thus covered by restraint orders; appellant claims not named but barred from selling shares.
  Permit appellant to sell listed shares per holding report as on 31/03/2013 and deposit proceeds with SEBI · SEBI to keep proceeds in interest bearing account immediately on receipt
  Appeal: Appeal No. 24 of 2013 decided on 12.04.2013 and disposed of with conditional sale directions; prior Appeal No. 46 of 2012 disposed on 28.02.2012
• Synchronized/structured trades in Radaan Mediaworks India Ltd executed with manipulative intent to abuse trading system
  All four appeals dismissed on merits · Penalty on Sanchay Finvest Ltd reduced from Rs 10 lacs to Rs 5 lacs for parity
  Appeal: Appeal No.117 of 2006 with Appeals No.104,155 of 2006 and 29 of 2007 dismissed on 04.08.2010; penalty reduced only in Appeal No.104 of 2006
• SAT matter SATV-98B46105C7A20006DB9F8F87
  Appeal disposed of as abated due to death of appellant · No order as to costs
  Appeal: Appeal No. 411 of 2014 disposed of on 20.09.2016 as abated