Indra Gulati

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Appeal No. 165 of 2011 by Indra Gulati allowed; penalty set aside.
Appeal No. 185 of 2011 by O. P. Gulati dismissed; penalty of Rs. 1 lakh upheld.
For orders see Appeal No. 185 of 2011 decided on 11.1.2012

SAT-appeal

Failure to disclose purchases aggregating 2% or more of the target company's share capital within two days under Regulation 7(1A) of the Takeover Code.
Appeal No. 165 of 2011 by Indra Gulati allowed; penalty set aside. · Appeal No. 185 of 2011 by O. P. Gulati dismissed; penalty of Rs. 1 lakh upheld.
Appeal: Appeal Nos. 165 and 185 of 2011 disposed of on 11 January 2012; Appeal No. 165 allowed and Appeal No. 185 dismissed.
SAT matter SATV-3F7C9108A1245DF9A0E55AE1
For orders see Appeal No. 185 of 2011 decided on 11.1.2012
Appeal: Appeal No. 165 of 2011 decided on 11.1.2012 - disposed in terms of orders in Appeal No. 185 of 2011

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Source: SecMarx — Indra Gulati. 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.