India Infoline Commodities Limited

SAT-appeal

• Incorrect reporting of collection of margins from clients to the stock exchange during the relevant inspection periods.
  Impugned penalty orders dated 12 April 2018 quashed. · Both appeals allowed.
  Appeal: Appeal Nos. 140 and 141 of 2018 decided together on 26 April 2021; both appeals allowed and impugned orders quashed.
• SAT matter SATV-768079B35172D7E8AC561204
  Appeal dismissed as withdrawn with liberty to appellant to file appeal afresh after incorporating amendments · Copy of memo of appeal to be served on counsel for respondent
  Appeal: Appeal No. 216 of 2019 dismissed as withdrawn on 17.06.2019 with liberty to file afresh
• SAT matter SATV-7F86905A748468A9057097F4
  Clarified show cause notice shall be issued by relevant authority of Stock Exchange · Hearing to be conducted by relevant statutory committee
  Appeal: Misc. Application No. 635 of 2021 in Appeal No. 140 of 2018 and Misc. Application No. 636 of 2021 in Appeal No. 141 of 2018 disposed of on 16.06.2021; appeals earlier allowed on 26.04.2021
• Incorrect reporting on collection of margin from clients to Exchange attracting penalty up to 100% of short-collected amount.
  Impugned orders dated 12.04.2018 quashed, both appeals allowed · Open to Disciplinary Action Committee to issue fresh show cause notice
  Appeal: Appeal Nos. 140 and 141 of 2018 allowed on 26.04.2021, reserved on 21.04.2021
• SAT matter SATV-DAF37F428EFC9D78BFB3BA7E
  Show cause notice to be issued by relevant authority of Stock Exchange · Hearing to be conducted by relevant statutory committee
  Appeal: Appeal Nos. 140 and 141 of 2018 allowed vide SAT order dated April 26, 2021 quashing impugned orders; Misc. Applications Nos. 635-636 of 2021 disposed on 16.06.2021
• SAT matter SATV-A703E95CD253D4BE4524724C
  List Appeal No. 140 of 2018 and Appeal No. 141 of 2018 on March 25, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
  Appeal: Appeal No. 140 of 2018 and Appeal No. 141 of 2018 pending; adjourned to March 25, 2021 vide order dated 25.02.2021
• SAT matter SATV-F76D143C8877AD592B6A89BF
  List Appeal No. 140 of 2018 and Appeal No. 141 of 2018 on March 25, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
  Appeal: Appeal No. 140 of 2018 and Appeal No. 141 of 2018 pending; adjourned to March 25, 2021