Hotel Leelaventure Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Only Jamavar trademark assignment between Company/promoters/affiliates and Brookfield held related party transaction, to be excluded from vote if material

SAT-appeal

SAT matter SATV-FD5CC404F25F0DF555E20A7E
Misc. Applications for modification/correction of alleged clerical error rejected · Parties directed to act on digitally signed copy sent by fax and/or email
Appeal: SAT order challenged before Supreme Court of India by one party (appeal number/date not stated); modification applications rejected on that ground
Proposed sale of Hotel Leelaventure assets to Brookfield via PB Notice dated 18 March 2019 with composite additional promoter deals alleged as related party transactions; JM Financial ARC's 26% equity acquisition alleged in breach of Takeover Regulations.
SEBI held JMF ARC acquisition of 26% equity only technical violation of Takeover Regulations fit for exemption · Only Jamavar trademark assignment between Company/promoters/affiliates and Brookfield held related party transaction, to be excluded from vote if material
Appeal: Appeal No.357 of 2019 (ITC Ltd.) and Appeal Lodging No.460 of 2019 (JMFARC) - Order Reserved 13.9.2019, Date of Decision 26.9.2019

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Source: SecMarx — Hotel Leelaventure Ltd.. 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.