Gulab Chand Agrawal

SAT-appeal

• SAT matter SATV-0CA6EE07D277095A475C7179
  Review Application No. 18 of 2022 dismissed · SAT found no manifest error in its order dated 13 June 2022
  Appeal: Review Application No. 18 of 2022 in Appeal No. 254 of 2022 dismissed on 30 November 2022; connected Appeals Nos. 254-258 of 2022 are identified in the order
• SAT matter SATV-0D2A89E8D3607D3EC0604A95
  Review Application No. 18 of 2022 dismissed · No manifest error found in SAT order dated 13 June 2022
  Appeal: Review Application No. 18 of 2022 in Appeal No. 254 of 2022 dismissed on 30 November 2022; connected Appeals Nos. 254-258 of 2022 listed
• SAT matter SATV-284F8C98172F87E4FFAC36EB
  Review Application No. 18 of 2022 dismissed · SAT order dated 13 June 2022 left undisturbed
  Appeal: Review Application No. 18 of 2022 in Appeal No. 254 of 2022 dismissed on 30 November 2022; connected Appeals Nos. 254-258 of 2022 are identified.
• Trading in Sanwaria Consumer Ltd by designated promoter-group entities exceeding Rs 10 lakh threshold without pre-clearance from compliance officer.
  Affirmed violation of Regulation 9(1) PIT read with Clause 6 of Schedule B · Reduced penalty from Rs 5 lakh to Rs 1 lakh each
  Appeal: Appeal Nos. 254, 255, 256, 257 and 258 of 2022 partly allowed by SAT order dated 13.06.2022 (hearing 03.06.2022); violation affirmed, penalty reduced
• Designated persons traded in Sanwaria Consumer Ltd. securities in transactions exceeding the company’s Rs. 10 lakh threshold without obtaining compliance-officer pre-clearance.
  Violations affirmed against all appellants. · Penalty reduced from Rs. 5 lakh to Rs. 1 lakh for each appellant.
  Appeal: Appeal Nos. 254, 255, 256, 257 and 258 of 2022 were heard together and partly allowed by SAT on 13 June 2022.
• SAT matter SATV-A99A542FB381743E3E569EB1
  Review Application No. 18 of 2022 dismissed - no manifest error in order dated 13 June 2022
• Designated person/promoter group entity traded in Sanwaria Consumer Ltd exceeding Rs 10 lakh threshold without pre-clearance from compliance officer in violation of Clause 6 Schedule B r/w Regulation 9(1) PIT.
  Violations of Regulation 9(1) PIT r/w Clause 6 Schedule B affirmed for all appellants · Penalty reduced from Rs 5 lakh to Rs 1 lakh each under Section 15HB SEBI Act
  Appeal: Appeal Nos. 254, 255, 256, 257 and 258 of 2022 decided on 13.06.2022 - violations affirmed, appeals partly allowed with penalty reduced
• SAT matter SATV-EC304DB2D9A07B767589AFBD
  Matter stood over to June 13, 2022 due to non-availability of appropriate bench · Parties directed to act on digitally signed copy of order by Private Secretary
  Appeal: Appeal Nos. 254, 255, 256, 257 and 258 of 2022 pending; stood over to June 13, 2022, order dated 07.06.2022
• SAT matter SATV-50C53D69F6ED21AE6913176D
  Review Application No. 18 of 2022 dismissed · Miscellaneous Application No. 685 of 2022 disposed through dismissal of the review
  Appeal: Review Application No. 18 of 2022 in Appeal No. 254 of 2022 dismissed on 30 November 2022; no manifest error found in SAT order dated 13 June 2022. Connected Appeals Nos. 255-258 of 2022 are identified in the cause title.
• Designated persons traded in Sanwaria Consumer Ltd above Rs 10 lakh threshold without compliance officer pre-clearance, violating Clause 6 Schedule B r/w Regulation 9(1) PIT Regulations.
  Violation of Regulation 9(1) PIT r/w Clause 6 Schedule B affirmed · Penalty reduced from Rs 5 lakh to Rs 1 lakh each
  Appeal: Appeal Nos. 254, 255, 256, 257, 258 of 2022 heard on 03.06.2022, decided on 13.06.2022; partly allowed with penalty reduced
• Designated persons traded in Sanwaria Consumer Ltd exceeding Rs 10 lakh threshold without pre-clearance from compliance officer.
  Violation of Regulation 9(1) read with Clause 6 of Schedule B affirmed · Penalty reduced from Rs 5 lakh to Rs 1 lakh each
  Appeal: Appeal Nos. 254, 255, 256, 257 and 258 of 2022 heard on 03.06.2022 and decided on 13.06.2022 - partly allowed