Handful Investrade Pvt. Ltd.

SAT-appeal

• The impugned SEBI order found that funds from preferential share issues were diverted under the guise of loan repayments to the appellants and directed the three noticees to restore the amount to the company.
  Appeal No. 28 of 2024 by Handful Investrade Pvt. Ltd. dismissed as not maintainable. · Appeal No. 29 of 2024 by Banas Finance Ltd. dismissed as not maintainable.
  Appeal: Appeal Nos. 28 and 29 of 2024 dismissed by SAT on 30 April 2024; Tilak Ventures Limited had separately challenged the impugned SEBI order.
• SAT matter SATV-2B83FA002BA34C8DBAEF6D54
  Three weeks' time granted to appellants to file rejoinder to SEBI's limited affidavit · Appeals listed for admission on 17 April 2024
  Appeal: Appeal Nos. 28 and 29 of 2024; order dated 6 March 2024 granted three weeks for rejoinder and listed the appeals for admission on 17 April 2024
• SAT matter SATV-489DDA80B0664AB5693B3824
  Respondent SEBI directed to file limited reply on maintainability of appeal · Matters listed for admission on March 6, 2024
  Appeal: Appeal Nos. 28 and 29 of 2024 with connected Misc. Applications pending; limited reply on maintainability ordered, listed for admission on March 6, 2024
• SAT matter SATV-8CBC3D96C4C3E39B96D468B0
  List for admission on January 18, 2024
  Appeal: Appeal No. 28 of 2024 and Appeal No. 29 of 2024 listed for admission on January 18, 2024 with tagged Misc. Applications
• SAT matter SATV-95583EB33A7DBF655A05FE9C
  Three weeks' time allowed to appellants to file rejoinder to limited affidavit filed by SEBI · List Appeals No. 28 of 2024 and 29 of 2024 for admission on April 17, 2024
  Appeal: Appeal No. 28 of 2024 and Appeal No. 29 of 2024 pending; listed for admission on April 17, 2024
• SAT matter SATV-E08EE01C2F7FE75699FE3F02
  List for admission on April 30, 2024
  Appeal: Appeal No. 28 of 2024 and Appeal No. 29 of 2024 with connected Misc. Applications pending; listed for admission on April 30, 2024 vide order dated 17.04.2024
• Alleged diversion of preferential issue proceeds of Tilak Ventures in guise of loan repayments to connected finance companies.
  Appeal Nos. 28 and 29 of 2024 dismissed as not maintainable; no direction against appellants in ED order · Appellants defence against any future recovery proceedings by Tilak Ventures kept open
  Appeal: Appeal Nos. 28-29 of 2024 dismissed 30.04.2024; Tilak Ventures separate challenge to same ED order noted as pending
• SAT matter SATV-807AE171666E7466CD3779B4
  List for admission on April 30, 2024
  Appeal: Appeal No. 28 of 2024 (Handful Investrade) with Misc. Applications 57, 58, 63 of 2024 and Appeal No. 29 of 2024 (Banas Finance) with Misc. Applications 55, 56, 64 of 2024 pending; listed for admission on April 30, 2024 vide order dated 17.04.2024