Hiralal Popatlal Shah

SAT-appeal

• Aiding and abetting a fraudulent scheme involving misleading corporate announcements, off-market transfer and market sale of promoter shares, fraudulent preferential allotment, misleading shareholding disclosures and failure to make an open offer.
  Appeals challenged the WTM order dated 12 August 2016; the extract does not contain the final operative decision on the appeals.
  Appeal: Appeal Nos. 303 and 306 of 2016, 374-376 of 2017, and 62 and 79 of 2018 were heard together; order dated 28 June 2018. Final disposal outcome is not included in the supplied extract.
• Violation of Regulations 3 and 4(1) of PFUTP Regulations, 2003 relating to fraudulent and unfair trade practices
  Appeal disposed as per consent settlement terms accepted by SEBI · Appellants to deposit Rs 12 lacs settlement amount before due date
  Appeal: Appeal No. 89 of 2010 with Misc. Application No. 117 of 2010 disposed on 22.12.2010 as per settlement