Gurmeet Singh

99 matters before the Securities Appellate Tribunal

Penalties and directions recorded

SEBI had directed PACL and its promoters/directors to wind up the CIS and refund monies collected from customers with promised return within three months.
Parties directed to contact the Registrar 48 hours before the hearing date regarding video or physical hearing
Appeals were heard together in relation to four SEBI orders.
The penalty against H.S. Anand and his one-year debarment were held unsustainable and set aside.
Matters listed for 12 July 2021

SAT-appeal

SEBI held that schemes floated by PACL constituted unregistered Collective Investment Schemes, and directed winding up and refund of monies collected from investors.
Appeals challenging SEBI's order dated 22 August 2014 were heard together and disposed of by common order. · SEBI had directed PACL and its promoters/directors to wind up the CIS and refund monies collected from customers with promised return within three months.
Appeal: Appeal Nos. 368, 369, 370 of 2014 and 95 of 2015 were decided together by SAT on 12 August 2015; the excerpt does not state the operative result.
SEBI alleged that PACL's land-sale schemes constituted unregistered Collective Investment Schemes and directed winding up and refund of monies collected from customers.
Appeals 368/2014, 369/2014, 370/2014 and 95/2015 were heard together and disposed of by common order.
Appeal: Appeal Nos. 368/2014, 369/2014, 370/2014 and 95/2015 decided by SAT on 12 August 2015; disposal outcome is not included in the provided text.
SAT matter SATV-0CE69E3A10CF425B8E913FA6
Order reserved. · Parties directed to act on the digitally signed copy of the order sent by fax and/or email.
Appeal: Appeal Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020, 100 of 2021, 101 of 2021, 102 of 2021, 337 of 2021, 338 of 2021 and 339 of 2021 were heard; order reserved on 14 September 2021.
SAT matter SATV-0D9D471195AE7794968BC225
Appeals listed on 27 July 2021 · Parties directed to contact the Registrar 48 hours before the hearing date regarding video or physical hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 were listed for further hearing on 27 July 2021; no disposal on merits
Alleged fraudulent and prearranged GDR issuances, diversion of GDR proceeds, and non-disclosure of the loan and account-charge/pledge arrangements to the stock exchange.
Appeals were heard together in relation to four SEBI orders. · The penalty against H.S. Anand and his one-year debarment were held unsustainable and set aside.
Appeal: Ten appeals, including Appeals Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021, were decided by SAT on 20 September 2021; the supplied text is incomplete as to the final disposition of all appeals.
SAT matter SATV-1085CAA6A79EF26F12AC416B
Three weeks' time granted to the appellants to file rejoinder · Matters listed for 12 July 2021
Appeal: Multiple appeals and connected miscellaneous applications listed; rejoinder time granted and matters adjourned to 12 July 2021
SAT matter SATV-10C997B9AE8B9AF39F07FCFA
List the matters on 25 March 2021 · Parties to contact the Registrar 48 hours before the listed date regarding video or physical hearing
Appeal: Procedural order dated 17 February 2021 in Appeal Nos. 483 of 2020, 491 of 2020, 406 of 2020 and 408 of 2020, and Appeal Lodging Nos. 8, 11 and 12 of 2021; matters listed for 25 March 2021
SAT matter SATV-0F46D8208501CE1F5B1FEC0E
Respondent's application under Order 41 Rule 27 CPC for additional documents in four I. S. Sukhija appeals to be considered with the main appeals · Appeals listed for further hearing on 14 September 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021 were listed for further hearing on 14 September 2021; no final disposal recorded
SAT matter SATV-095A75A624AC6B2335777C97
Application under Order 41 Rule 27 CPC to be considered during hearing of the main appeals · Appeals listed for further hearing on 14 September 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 were pending; further hearing fixed for 14 September 2021 by order dated 9 September 2021
Alleged fraudulent and unfair trade practices; the precise practices are not described in the order.
Impugned adjudication orders dated 22 September 2015 set aside. · SEBI directed to pass fresh orders on merits and in accordance with law.
Appeal: Appeal Nos. 467, 491 and 492 of 2015 disposed of by SAT on 27 October 2016; impugned orders set aside and matter remanded to SEBI for fresh orders.
SAT matter SATV-163F8AC60E3209E565F4B59D
Order reserved; parties directed to act on the digitally signed copy.
Appeal: Multiple connected appeals were heard and order reserved on 14 September 2021; no final disposal is recorded in this text.
SAT matter SATV-1A8E846286F8B5A7219695F6
Appellants to file replies to the respondent's miscellaneous applications within three weeks · Matters listed for 09 September 2021
Appeal: Multiple connected SAT appeals and miscellaneous applications were pending; listed for further hearing on 09 September 2021
SAT matter SATV-16BEA9612A16D9422EDCCB71
All listed appeals were directed to be listed on 27 July 2021 · Parties directed to contact the Registrar 48 hours before the scheduled date regarding video or physical hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 listed for 27 July 2021; not disposed
SAT matter SATV-1A7C09E60929455A27F478EF
Appellants to file replies to the respondent's miscellaneous applications within three weeks · Matters listed for 9 September 2021
Appeal: Appeals Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020, 100 of 2021, 101 of 2021, 102 of 2021, 337 of 2021, 338 of 2021 and 339 of 2021 were pending; matter adjourned and listed for 9 September 2021
SAT matter SATV-2209495F55094E46C691E37E
List the matters on 25 March 2021 · Parties to contact the Registrar 48 hours before the fixed date regarding video or physical hearing
Appeal: Appeal Nos. 483, 491, 406 and 408 of 2020 and Appeal Lodging Nos. 8, 11 and 12 of 2021 were listed for further hearing on 25 March 2021; no merits disposal stated.
SAT matter SATV-1EDF3F8F9E539A200E173C38
List the matters on 25 March 2021 · Parties to contact the Registrar 48 hours before the hearing date regarding video conferencing or physical hearing
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2020 and 408/2020, and Appeal Lodging Nos. 8/2021, 11/2021 and 12/2021 were listed for further hearing on 25 March 2021; no disposal on merits stated
SAT matter SATV-1AAF54CFC2B4AF23C40CE513
Three weeks granted to appellants to file rejoinders in Appeal Nos. 100, 101 and 102 of 2021 · List the matters on 3 May 2021
Appeal: SAT order dated 25 March 2021 in Appeal Nos. 483 of 2020, 491 of 2020, 406 of 2021, 408 of 2020, 100 of 2021, 101 of 2021 and 102 of 2021; matters adjourned and not disposed of
Alleged fraudulent and prearranged GDR issues, diversion of proceeds, and non-disclosure of the Loan Agreement and Account Charge/Pledge Agreement to the stock exchange.
Appeals were heard together against four SEBI orders. · The order imposing a Rs. 15 lakh penalty on H.S. Anand and the WTM order debarring him for one year were held unsustainable.
Appeal: Misc. Applications Nos. 583, 584 and 887 of 2021 and Appeals Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021; decision dated 20 September 2021. The excerpt does not state final disposal of all appeals.
Alleged fraudulent and prearranged GDR issues involving undisclosed loan and account-charge arrangements, diversion of GDR proceeds, and inadequate disclosures to the stock exchange.
Appeals challenging AO penalties and WTM debarment orders were heard together. · The tribunal held that the penalty and one-year debarment against Mr. H.S. Anand could not be sustained.
Appeal: Ten connected appeals, including Appeals Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021, decided on 20 September 2021.
Alleged fraudulent and prearranged GDR issuances, diversion of GDR proceeds, and non-disclosure of the loan and account-charge/pledge arrangements to the stock exchange.
Appeals concerning Mr. H.S. Anand's penalties and one-year debarment were allowed; the relevant orders were set aside. · The extracted text does not state the final disposition of all other appeals.
Appeal: SAT Appeals Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021; decision dated 20 September 2021. Extracted text specifically records relief for H.S. Anand.
SAT matter SATV-274347F951BFD055C3B90371
Order reserved; parties directed to act on the digitally signed copy
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020, 100, 101, 102, 337, 338 and 339 of 2021 were heard together; order reserved on 14 September 2021
SAT matter SATV-36E78FDBAE7474638FC0D7D7
Order reserved; no merits decision or operative relief recorded in the text · Parties directed to act on the digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020, 100 of 2021, 101 of 2021, 102 of 2021, 337 of 2021, 338 of 2021 and 339 of 2021 were heard together; order reserved on 14 September 2021.
SAT matter SATV-2F4DD7C6CD85C135852C7A85
List the matters on 14 June 2021 · Parties to obtain Registrar's instructions 48 hours before the listed date regarding video conference or physical hearing
Appeal: Appeal Nos. 406, 483, 491, 408, 100, 101 and 102 of 2020/2021 were listed; no disposal on merits, matter adjourned to 14 June 2021
Alleged fraudulent and prearranged GDR issues, diversion of GDR proceeds through a loan and account-charge arrangement, and non-disclosure of material agreements to the stock exchange.
Appeals were heard together because the facts and modus operandi were common. · The penalty against H.S. Anand and his one-year debarment were held unsustainable.
Appeal: Misc. Application Nos. 583, 584 and 887 of 2021 and Appeals Nos. 406, 408, 483, 491 of 2020, and 100, 101, 102, 337, 338 and 339 of 2021; decision dated 20 September 2021. Final disposal is not fully stated in the extracted text.
SAT matter SATV-31082512EA5C1C75CEB3B927
List Appeal No. 483 of 2020 on 21 January 2021 along with Appeal Nos. 406 and 408 of 2020 · Parties to seek Registrar's instructions 48 hours before the listed date regarding physical or video-conference hearing
Appeal: Appeal No. 483 of 2020 was listed for further hearing on 21 January 2021; no final disposal recorded in this order.
SAT matter SATV-34DFD23ACEA1FE1606223679
All connected appeals listed for hearing on 27 July 2021 · Parties directed to contact the Registrar 48 hours before the listed date regarding video or physical hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021 were listed for hearing on 27 July 2021; no disposal on merits
SAT matter SATV-3531C40551B27EC2C5E44325
List the matters on 14 June 2021 · Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
Appeal: Appeal Nos. 406, 483, 491, 408, 100, 101 and 102 of 2020/2021 were listed for 14 June 2021; no disposal on merits recorded
SAT matter SATV-321A3F0D843D85FF4D449884
All listed appeals were directed to be listed on 27 July 2021. · Parties were directed to contact the Registrar 48 hours before the hearing date regarding video-conference or physical hearing.
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021 were pending and listed for 27 July 2021; no disposal on merits stated.
SAT matter SATV-2D3563B3E07390C5928EA608
List these appeals on 27th July, 2021 · Parties to contact Registrar 48 hours before fixed date to know video conferencing or physical hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applications 583-584 of 2021 pending, listed on 27 July 2021; order dated 12.7.2021
SAT matter SATV-37FE43B152A9DF891EC43AA3
Appellants to file reply to respondent's misc. applications bringing documents on record within three weeks · List matters on September 09, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Appl. Nos. 583, 584, 887 of 2021 pending; adjourned to September 09, 2021
SAT matter SATV-41C3046C27C5640F0435F876
Connect Appeal Nos. 337, 338, 339 of 2021 with Appeal No. 100 of 2021 · List all connected appeals on 14 June 2021
Appeal: Appeal Nos. 337, 338, 339 of 2021 dated 17 May 2021 - not disposed; connected with Appeal No.100 of 2021, listed 14 June 2021
SAT matter SATV-30DD776E4CEEE3C8EAFF0C99
Three weeks time allowed to appellant to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending before SAT; adjourned to 3 May 2021 for rejoinder
SAT matter SATV-54ABF68B8531748DE81C8260
List all appeals and stay applications on June 14, 2021 · Parties to take instructions from Registrar 48 hrs before date fixed on hearing mode
Appeal: Appeal Nos. 406/2020, 483/2020, 491/2020, 408/2020, 100/2021, 101/2021, 102/2021 with Misc. Applications 583-584/2021 adjourned to June 14, 2021; no disposal on 03.05.2021
SAT matter SATV-473FE38E8CF374BE91B72267
Order reserved after hearing learned counsel for parties · Parties to act on digitally signed copy by Private Secretary via fax/email due to Covid-19
Appeal: Appeal Nos.406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 with Misc.Appl.583,584,887 of 2021 heard on 14.9.2021; order reserved, not disposed
SAT matter SATV-5E0C88DB6B3E5F2FB64BBD32
Connect Appeal Nos. 337, 338, 339 of 2021 and list with Appeal No. 100 of 2021 on 14 June 2021 · Respondent SEBI may file reply within three weeks
Appeal: Appeal Nos. 337, 338 and 339 of 2021 pending; connected with Appeal No. 100 of 2021 (referred as 100 of 2019) listed for hearing on 14 June 2021; no disposal yet
SAT matter SATV-4C0732E8CE5D5E5CB9A20BE8
Three weeks time allowed to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List matters on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending before SAT; rejoinder allowed; listed on 3 May 2021
SAT matter SATV-4870CC31102F52C1729654AB
SEBI's Order 41 Rule 27 CPC application for additional documents to be considered with main appeals of I.S. Sukhija · Put up all connected appeals for further hearing on September 14, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Apps 583, 584, 887 of 2021 pending; adjourned to 14.09.2021, no disposal
Alleged fraudulent and unfair trade practices attracting penalty under Section 15HA of SEBI Act
Impugned AO orders set aside · SEBI directed to pass fresh order on merits and in accordance with law
SAT matter SATV-39BA0D52DEADF383DF1E9E95
All listed appeals were directed to be listed on 27 July 2021. · Parties were directed to contact the Registrar 48 hours before the hearing date regarding video or physical hearing.
Appeal: Multiple appeals and miscellaneous applications were listed for further hearing on 27 July 2021; no disposal on merits.
SAT matter SATV-315E83BE57D1A87787E0F335
Order reserved after hearing the parties · Parties directed to act on the digitally signed copy of the order
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338 and 339 of 2021 were heard; order reserved on 14 September 2021.
SAT matter SATV-5C4084B203E2731E9B2671D7
Application under Order 41 Rule 27 CPC to be considered with main appeals · Listed for further hearing on September 14, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Appl. 583, 584, 887 of 2021 pending; adjourned on 09.09.2021 to 14.09.2021, not disposed
SAT matter SATV-416083E30A95747D917CF9CE
Matter heard and order reserved · Parties directed to act on the digitally signed copy of the order
Appeal: Multiple connected appeals, including Appeal Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020, 100-102 and 337-339 of 2021; heard and order reserved on 14 September 2021
SAT matter SATV-6725A556B0CD3FFF48AE7CDD
Put up appeals for further hearing on September 14, 2021 · Application under Order 41 Rule 27 CPC to be considered with main appeals
Appeal: Appeal Nos. 406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 with Misc. Appl. 583,584,887 of 2021 pending; adjourned to 14.09.2021
SAT matter SATV-67CB7CC61B551F5C0979A64B
Consider respondent's Order 41 Rule 27 CPC application with main appeals of I.S. Sukhija · List all appeals for further hearing on September 14, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 pending; Misc. Applications 583, 584, 887 of 2021 pending; next hearing 14.09.2021
SAT matter SATV-6594608EF2520E39AAD74E55
List all connected appeals on 27 July 2021 · Parties to contact Registrar 48 hours before fixed date for VC/physical mode
Appeal: Appeal Nos 406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 with Misc Apps 583-584/2021 pending; adjourned to 27 July 2021, order dated 12.7.2021
SAT matter SATV-67E7A0C19D89FDE49A37A470
Application under Order 41 Rule 27 CPC for additional documents to be considered with main appeals · Put up appeals for further hearing on September 14, 2021
Appeal: Appeal Nos. 406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 with Misc. Appl. 583,584,887 of 2021 adjourned to 14.09.2021, no final disposal
SAT matter SATV-71488B23B2E325BD1F7AA1D9
Order reserved after hearing learned counsel for parties
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 - order reserved on 14.9.2021
SAT matter SATV-7D40866416905D54EBDFEDC9
SEBI's application under Order 41 Rule 27 CPC for additional documents to be considered with main appeals · All appeals put up for further hearing on September 14, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applications 583, 584, 887 of 2021 pending; adjourned to 14.09.2021 with no disposal on 09.09.2021
SAT matter SATV-7A9A0A07DFEDD811B29FA6D0
Three weeks' time allowed to appellant to file rejoinder · List on 12th July, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applications 583-584 of 2021 pending; adjourned to 12 July 2021 for rejoinder
Continuing existing and launching new Collective Investment Schemes without SEBI registration in violation of CIS Regulations attracting Section 15D.
Recalled dismissal order dated 24.05.2017 and restored Appeals 141 & 142 of 2016 · Condoned 33 days delay in filing appeals vide Misc Apps 99 & 100 of 2016
Appeal: Appeal Nos 141 & 142 of 2016 dismissed on 28.02.2018; Supreme Court appeals against SAT order dated 12.08.2015 pending
SAT matter SATV-81CC8CAD914109D69C049777
Appellants to file reply to respondent's document-production misc. applications within three weeks · List all matters on September 09, 2021
Appeal: Appeal Nos. 406,408,483,491/2020 and 100,101,102,337,338,339/2021 with Misc. App. 583,584,887/2021 pending; no disposal, next list 09.09.2021
SAT matter SATV-85ECAA05AAAF1224925B5C44
Three weeks allowed to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List matters on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending; next listed 3 May 2021
SAT matter SATV-86BDC89D074E4A5E3D762521
List all connected appeals on 27th July, 2021 · Parties to contact Registrar 48 hours before fixed date to ascertain video conferencing or physical hearing
Appeal: Appeal Nos. 406/2020, 408/2020, 483/2020, 491/2020, 100/2021, 101/2021, 102/2021, 337/2021, 338/2021, 339/2021 with Misc. Apps 583-584/2021 adjourned, listed on 27 July 2021, no disposal on 12.07.2021
SAT matter SATV-90C1EEF2E81606DE5F33BFA2
Connected with Appeal Nos. 491 and 483 of 2020 · Respondent to file reply within three weeks; appellants to file rejoinder within two weeks thereafter
Appeal: Appeal Nos. 406 and 408 of 2020 pending; connected with 491 and 483 of 2020; next listing January 21, 2021
SAT matter SATV-93F75416FF849AFC74F1644E
List matters on 25 March 2021 · Parties to contact Registrar 48 hours before fixed date to ascertain video conferencing or physical hearing
Appeal: Appeal Nos. 483, 491, 406, 408 of 2020 and Appeal Lodging Nos. 8, 11, 12 of 2021 adjourned vide order dated 17.2.2021; listed on 25 March 2021; no disposal on merits
SAT matter SATV-95AD1D819815DE8D1A1CB2DB
Stand over to December 18, 2020 and connect with Appeal Nos. 511 and 520 of 2020 · Parties to seek instructions from Registrar 48 hrs before fixed date on physical hearing vs video conference
Appeal: Appeal No. 406 of 2020 and Appeal No. 408 of 2020 pending before SAT, adjourned to 18.12.2020 for hearing with Appeal Nos. 511 and 520 of 2020
SAT matter SATV-952EFA1C7D26AA1941559464
Three weeks time allowed to appellant to file rejoinder · List matter on December 15, 2020
Appeal: Appeal (L) No. 410 of 2020 (Gurmeet Singh vs SEBI) and Appeal (L) No. 412 of 2020 (I.S. Sukhija vs SEBI) pending; adjourned to 15 December 2020
Fraudulent pre-arranged GDR issue with sole subscriber Vintage FZE funded by Euram Bank loan secured by Company proceeds via undisclosed Loan and Account Charge/Pledge Agreements.
AO order dated 03.02.2021 imposing Rs 15 lakh penalty on H.S. Anand set aside · WTM order debarring H.S. Anand for one year set aside
Appeal: Appeal Nos 406,408,483,491/2020,100-102,337-339/2021 with Misc Apps 583,584,887/2021 decided 20.09.2021 (reserved 14.09.2021); H.S. Anand appeals allowed
SAT matter SATV-953DC1E9247F8C260BE35052
Appeal No. 141 of 2016 dismissed for want of prosecution
Appeal: Appeal No. 141 of 2016 dismissed for want of prosecution on 24.05.2017
SAT matter SATV-9DFCA26634AA32505626A7E1
Respondent's Order 41 Rule 27 CPC application to be considered with main appeals of I. S. Sukhija · List all connected appeals for further hearing on September 14, 2021
Appeal: Appeal Nos 406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 with Misc Apps 583,584,887 of 2021 pending; next hearing 14.09.2021
SAT matter SATV-A2A9ECAC0711D5CD129D4BA3
Connect Appeal Nos. 337, 338, 339 of 2021 with Appeal No. 100 of 2021 and list on 14 June 2021 · Respondent SEBI may file reply within three weeks
Appeal: Appeal Nos. 337, 338 and 339 of 2021 pending; connected with Appeal No. 100 of 2021 (referred as 100 of 2019) listed on 14 June 2021
SAT matter SATV-A29A840D98410B0242CFDCC5
List on 25 March 2021 · Parties to contact Registrar 48 hours before fixed date to ascertain video conferencing or physical hearing
Appeal: Appeal Nos. 483, 491, 406, 408 of 2020 and Appeal Lodging Nos. 8, 11, 12 of 2021 adjourned vide order dated 17.2.2021, listed on 25 March 2021
SAT matter SATV-B32417B8083522E3B8BA54F5
List Appeal Nos. 406, 408, 483 and 491 of 2020 on February 17, 2021 · Parties to file written submissions in the meanwhile
Appeal: Appeal Nos. 406, 408, 483 and 491 of 2020 pending; adjourned on 21.01.2021 to 17.02.2021, no disposal
SAT matter SATV-B5B424D17DF339D91F72449E
Connect Appeal Nos. 406 and 408 of 2020 with Appeal Nos. 491 and 483 of 2020 · Respondent SEBI allowed three weeks to file reply
Appeal: Appeal Nos. 406 of 2020 and 408 of 2020 pending before SAT, connected with Appeal Nos. 491 and 483 of 2020, adjourned to 21 January 2021 vide order dated 18.12.2020
SAT matter SATV-BD10746E5D7E9F34021D2A61
List all appeals on 25 March 2021 · Parties to contact Registrar 48 hours before fixed date for hearing mode
Appeal: Appeal Nos. 483, 491, 406, 408 of 2020 and Appeal Lodging Nos. 8, 11, 12 of 2021 pending; adjourned to 25 March 2021 vide order dated 17.2.2021
SAT matter SATV-3E760A7D1C3479EEE14387BA
Matters listed on 25 March 2021 · Parties directed to contact the Registrar 48 hours before the listed date regarding video or physical hearing
Appeal: Appeal Nos. 483 of 2020, 491 of 2020, 406 of 2020 and 408 of 2020, and Appeal Lodging Nos. 8, 11 and 12 of 2021 were listed for 25 March 2021; no disposal on merits stated.
Fraudulent GDR issues where Vintage FZE was sole subscriber via Euram Bank loan secured by Company's Account Charge Agreement, with loan/pledge agreements undisclosed to Stock Exchange.
AO order dated February 3, 2021 imposing Rs 15 lakh penalty on H.S. Anand set aside · WTM order debarring H.S. Anand for one year set aside
Appeal: Ten appeals Nos 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 reserved 14.09.2021, decided 20.09.2021 together
Fraudulent GDR scheme with Vintage FZE as sole subscriber via Euram Bank loan secured by undisclosed Account Charge/Pledge Agreement, misleading investors.
AO penalty of Rs.15 lakh on H.S. Anand and WTM 1-year debarment of H.S. Anand set aside as unsustainable
Appeal: Appeal Nos.406,408,483,491/2020,100-102/2021,337-339/2021 reserved 14.09.2021 decided 20.09.2021
Alleged fraudulent and unfair trade practices attracting penalty under Section 15HA of SEBI Act
Impugned Adjudicating Officer orders set aside · SEBI directed to pass fresh order on merits and in accordance with law
SAT matter SATV-E7C28600157376E914E7691A
List these appeals on 27th July, 2021 · Parties to contact Registrar 48 hours before fixed date for mode of hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applications 583-584 of 2021 adjourned to 27 July 2021, not disposed
Continuing existing and floating new Collective Investment Schemes without SEBI registration in violation of CIS Regulations, attracting penalty under Section 15D of SEBI Act
Recall order dated 24.05.2017 dismissing appeals for want of prosecution and restore appeals to file · Condone delay of 33 days in filing Appeal Nos. 141 and 142 of 2016
Appeal: Appeals against SAT order dated 12.08.2015 pending before Supreme Court; Supreme Court order dated 02.02.2016 directing sale of PACL lands and payment to investors
SAT matter SATV-5A19095D4D1C2F682711A2D1
Appellants to file replies to the respondent's miscellaneous applications within three weeks · Matters listed for hearing on 09 September 2021
Appeal: Appeal Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020, 100 of 2021, 101 of 2021, 102 of 2021, 337 of 2021, 338 of 2021 and 339 of 2021 were pending; no disposal on merits stated.
SAT matter SATV-E6B5F437B46344CF9B231C95
Appellants to file reply to respondent SEBI misc applications for bringing documents on record · List all connected matters on September 09, 2021
Appeal: Appeal Nos.406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 pending before SAT; adjourned to 09.09.2021, not disposed
SAT matter SATV-F050F34B243B539C1DBC39D5
Three weeks time allowed to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending; adjourned to May 3, 2021 for rejoinder
SAT matter SATV-57654A240B9ABB954EF2FB91
List Appeals Nos. 406, 408, 483 and 491 of 2020 on 17 February 2021 · Parties to file written submissions in the meanwhile
Appeal: Appeals Nos. 406, 408, 483 and 491 of 2020 were pending and listed for hearing on 17 February 2021; no disposal on merits
Prearranged fraudulent GDR issues with undisclosed Euram Bank Loan and Account Charge Agreements funding sole subscriber Vintage FZE, creating false impression for investors.
AO penalty of Rs.15 lakh and WTM 1-year debarment against H.S. Anand cannot be sustained · All ten appeals with common facts and modus operandi decided together
Appeal: Appeal Nos.406,408,483,491 of 2020 and 100,101,102,337,338,339 of 2021 against AO orders dated 30.06.2020, 03.02.2021 and WTM orders dated 27.10.2020 decided together on 20.09.2021
Schemes floated by PACL for sale/purchase and development of agricultural land constitute unregistered Collective Investment Schemes run in violation of SEBI Act and CIS Regulations.
SEBI order 22.08.2014: wind up existing CIS and refund monies collected with promised return within 3 months · SAT common order dated 12.08.2015 disposes Appeals together; operative findings truncated in excerpt
Appeal: Appeal Nos. 368, 369, 370 of 2014 and 95 of 2015 with M.A. Nos. 88, 129, 171 of 2015 against SEBI order dated 22.08.2014; Date of Decision 12.08.2015 by common order
SAT matter SATV-76474383B05B5374637CD874
Appellants to file reply to respondent's misc. applications for bringing documents on record within three weeks · List matters on September 09, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. App. Nos. 583, 584, 887 of 2021 pending; adjourned to 09 September 2021
Fraudulent GDR issues with Vintage FZE as sole subscriber funded by Euram Bank loan secured by Company Account Charge, undisclosed to exchange.
AO penalty of Rs.15 lakh dated 03.02.2021 against H.S. Anand set aside · WTM one-year debarment dated 27.10.2020 against H.S. Anand set aside
SAT matter SATV-74D30A135815CA34C004DEC3
List all appeals on 27 July 2021 · Parties to contact Registrar 48 hours before fixed date to confirm video conferencing or physical hearing
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applications 583-584 of 2021 pending; next listed 27 July 2021 per order dated 12 July 2021
SAT matter SATV-7FAD604CD0BEAD6CA33603F5
List Appeal Nos. 406, 408, 483 and 491 of 2020 on February 17, 2021 · Parties to file written submissions in the meanwhile
Appeal: Appeal Nos. 406, 408, 483 and 491 of 2020 pending before SAT; adjourned to February 17, 2021 for written submissions
SAT matter SATV-7B6A151140C534A851C1A637
Reply by appellants to respondent's misc. applications bringing documents on record within three weeks · List matters on September 09, 2021
Appeal: Appeal Nos. 406/2020, 408/2020, 483/2020, 491/2020, 100/2021, 101/2021, 102/2021, 337/2021, 338/2021, 339/2021 pending; adjourned to 09.09.2021 for reply to Misc. Applications 583/2021, 584/2021, 887/2021
Unspecified trades in 2010 penalised with Rs 1 crore by WTM order dated 10 January 2020
Delay condoned in Appeal Lodging No.410 of 2020, Misc Application No.405 of 2020 allowed · Respondent to file reply within two weeks in Appeal No.185 of 2020
Appeal: Misc App No.405 of 2020 allowed condoning delay in Appeal Lodging No.410 of 2020; Misc App No.428 of 2020 and Appeal No.185 of 2020 pending with reply ordered, next date 24 November 2020
SAT matter SATV-7970C1BDF8E7ECC324D91C48
List all appeals on June 14, 2021 · Parties to take instructions from Registrar 48 hrs before date fixed on VC vs physical hearing
Appeal: Pending: Appeal Nos. 406 of 2020, 483 of 2020, 491 of 2020, 408 of 2020, 100 of 2021, 101 of 2021, 102 of 2021 with Misc. App. 583 of 2021, 584 of 2021; next listed June 14, 2021
SAT matter SATV-959A492BE32DEA6CDC3AD788
List appeals on June 14, 2021 · Parties to take instructions from Registrar 48 hrs before fixed date on video vs physical hearing
Appeal: Appeal Nos. 406/2020, 483/2020, 491/2020, 408/2020, 100-102/2021 with Misc Apps 583-584/2021 pending before SAT; adjourned to 14.06.2021
SAT matter SATV-A69D8979AADE29C9B9DFD3BC
Order reserved after hearing learned counsel for parties · Parties to act on digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Application Nos. 583, 584, 887 of 2021 heard on 14.9.2021; order reserved, not disposed
SAT matter SATV-9D3C9A43AFC4C8429CFD520D
Three weeks time allowed to appellant to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List matters on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending before SAT; adjourned to May 3, 2021 for rejoinder
SAT matter SATV-A46C242D9A551668C3161E04
Three weeks time allowed to file rejoinder in Appeal Nos. 100, 101 and 102 of 2021 · List matters on May 3, 2021
Appeal: Appeal Nos. 483/2020, 491/2020, 406/2021, 408/2020, 100/2021, 101/2021, 102/2021 pending before SAT; adjourned to 03.05.2021
SAT matter SATV-B82D49F72D793E6075FD2288
List appeals on June 14, 2021 · Parties to take instructions from Registrar 48 hrs before date fixed on video vs physical hearing
Appeal: Appeal Nos. 406/2020, 483/2020, 491/2020, 408/2020, 100/2021, 101/2021, 102/2021 with Misc. Applications 583-584/2021 (stay) pending; adjourned to June 14, 2021 with no disposal
SAT matter SATV-B4F430ECD0C05E0ED9997D5A
SEBI application under Order 41 Rule 27 CPC to be considered with main appeals · Put up all appeals for further hearing on September 14, 2021
Appeal: Appeal Nos. 406, 408, 483, 491 of 2020 and 100, 101, 102, 337, 338, 339 of 2021 with Misc. Applns 583, 584, 887 of 2021 pending; adjourned to 14.09.2021, not disposed
Fraudulent GDR issues where Vintage FZE as sole subscriber funded subscription via Euram Bank loan secured by company's Account Charge/Pledge of GDR proceeds, with non-disclosure creating false impression.
AO penalty of Rs.15 lakh and WTM 1-year debarment against H.S. Anand set aside as unsustainable · Ten appeals involving common GDR facts and modus operandi decided together
Appeal: Misc. Appl. 583,584,887 of 2021 and Appeal Nos.406,408,483,491 of 2020, 100,101,102,337,338,339 of 2021; reserved 14.09.2021, decided 20.09.2021; H.S. Anand appeals allowed
SAT matter SATV-C40FE8D11B0727C3160B6836
Order reserved after hearing learned counsel for parties · Parties directed to act on digitally signed copy sent by fax and/or email
Appeal: Appeal Nos. 406/2020, 408/2020, 483/2020, 491/2020, 100/2021, 101/2021, 102/2021, 337/2021, 338/2021, 339/2021 with Misc. Applications 583/2021, 584/2021, 887/2021 heard on 14.9.2021; order reserved
SAT matter SATV-C7478618055E5A2A54CD7012
Appellants to file reply to respondent's misc. applications for bringing documents on record within three weeks · Matters listed on September 09, 2021
Appeal: Appeal Nos 406,408,483,491/2020 and 100,101,102,337,338,339/2021 pending before SAT; adjourned to 09.09.2021
SAT matter SATV-C1BE7F116ACB845492117C7C
Appellants to file reply to respondent's misc. applications for bringing documents on record within three weeks · Matters listed on September 09, 2021
SAT matter SATV-D3E0A7B3681E3C0F7EE176CA
Stand over to December 18, 2020 and connect Appeal Nos. 406 and 408 of 2020 with Appeal Nos. 511 and 520 of 2020 · Parties to seek instructions from Registrar 48 hrs before date fixed on physical vs video conference hearing
Appeal: Appeal Nos. 406 of 2020 and 408 of 2020 heard on 15.12.2020, not disposed, stood over to December 18, 2020 and ordered to be connected with Appeal Nos. 511 and 520 of 2020
PACL schemes for sale/purchase and development of agricultural land alleged to constitute unregistered Collective Investment Schemes in violation of SEBI Act and CIS Regulations.
SEBI order dated 22.08.2014 held PACL schemes are CIS and directed PACL/promoters/directors to wind up existing CIS and refund monies collected with promised returns - under challenge in appeals
Appeal: Appeal Nos. 368, 369, 370 of 2014 and 95 of 2015 against SEBI order dated 22.08.2014 with Misc. Appl. Nos. 88, 129, 171 of 2015, decided by common order dated 12.08.2015
SAT matter SATV-EC334BF63CF021065042DA3A
List all appeals on June 14, 2021 · Parties to take instructions from Registrar 48 hrs before date fixed on video conference vs physical hearing
Appeal: Appeal Nos. 406, 483, 491, 408 of 2020 and 100, 101, 102 of 2021 with Misc. Applications Nos. 583 and 584 of 2021 pending before SAT; listed on June 14, 2021, not disposed on 03.05.2021
Running unregistered Collective Investment Schemes and mobilizing Rs 2686.25 crore without SEBI registration in violation of PFUTP Regulation 4(2)(t).
Dismissed Appeal Nos. 47 and 48 of 2018, upheld AO penalty of Rs 2423.16 crore jointly and severally · Parties to bear their own costs

Other

SAT matter SATV-C9C949CA219334A03415753D
List Appeal Nos. 406, 408, 483, 491 of 2020 on February 17, 2021 · Parties to file written submissions in the meanwhile
Appeal: Appeal Nos. 406 of 2020, 408 of 2020, 483 of 2020, 491 of 2020 pending; adjourned to February 17, 2021 vide order dated January 21, 2021; not disposed

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Source: SecMarx — Gurmeet Singh. 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.