Harischandra Gupta

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Compensation claim of Rs.51,53,190 against SEBI was rejected; appeal disposed with no costs.

SAT-appeal

Alleged misleading and fraudulent advertisements by Vital Communication Ltd. concerning buy-back, preferential allotment and bonus shares, inducing investors to purchase its shares.
SEBI directed to investigate VCL's alleged misleading and fraudulent advertisements, along with or separately from its ongoing investigation. · SEBI directed to convey the investigation outcome to the appellants.
Appeal: Appeal No. 207 of 2012 decided and disposed by SAT on 30 April 2013; no further appeal mentioned.
SAT matter SATV-7A188510710F4B96696C01DF
Misc. Application No.23 of 2015 allowed to be withdrawn · Liberty granted to file appeal against WTM order dated 16 December 2014
Appeal: Misc. Application No.23 of 2015 in Appeal No.207 of 2012 withdrawn on 6 February 2015 with liberty to file fresh appeal against WTM order dated 16 December 2014

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Source: SecMarx — Harischandra Gupta. 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.