Inventure Growth and Securities Ltd.
Penalties and directions recorded
- Parties directed to obtain hearing-mode instructions from the Registrar 48 hours before the listed date.
- Matters were listed on 04 December 2024 at 2:30 p.m.
- Parties to obtain hearing-mode instructions from the Registrar 48 hours before the listed date.
- Four-year restraint reduced to three years for Arvind Gala and Bhavi Gandhi
- Prohibited from accessing securities market for 4 years from date of order
SAT-appeal
- SAT matter SATV-00FB54C02A621C76B1E182D6Matter adjourned at the request of the appellant's counsel. · Listed for hearing on 14 February 2022.Appeal: Multiple appeals and connected miscellaneous applications were adjourned on 19 January 2022; no disposal on merits stated.
- SAT matter SATV-1B82A49E76EB44CBB6F9C24EAppellants were granted time by consent. · Matters were listed on 04 December 2024 at 2:30 p.m.Appeal: Multiple connected appeals were listed; adjourned by consent on 21 October 2024 to 04 December 2024. No disposal on merits stated.
- SAT matter SATV-21630B47AD1CAA11E440A23AMatter adjourned at the request of the appellant's counsel. · Listed for 14 February 2022.Appeal: Appeals Nos. 201, 205, 208, 216, 227, 228, 239, 242 and 568 of 2020, and Appeals Nos. 485, 566, 567, 568 and 607 of 2021 were adjourned; next listed on 14 February 2022.
- SAT matter SATV-2FDDF586ECD5A581E6E88F68Adjourned on the appellants' counsel's request · Listed for hearing on 12 August 2022Appeal: Multiple connected appeals and miscellaneous applications were adjourned on 22 July 2022; listed on 12 August 2022. No disposal on merits stated.
- SAT matter SATV-2B04A59FA8CDF1300B8E59C2Review Application No. 17 of 2019 dismissed · Review Application Nos. 18 and 19 of 2019 rejectedAppeal: Review Applications Nos. 17, 18, 19 and 20 of 2019 in Appeal No. 361 of 2018 decided on 06 February 2020; Applications 17 dismissed, 18 and 19 rejected, and 20 disposed of.
- IGSL allegedly mis-utilised IPO proceeds contrary to objects, made false statements on bridge loans in RHP/prospectus, failed to disclose deposits under Sec 58A Companies Act.Prohibited from accessing securities market for 4 years from date of order · Prohibited from associating with any listed company or partnership firm with effect from 1 February 2019Appeal: Appeal Nos. 361, 362, 363 of 2018 with Misc. Application No.299 of 2018 - Order Reserved 22.07.2019, Date of Decision 10.10.2019
- SAT matter SATV-3D865033128FCA2D60F6846AMatter adjourned at the appellant's requestAppeal: Appeal No. 45 of 2025 with Misc. Application No. 691 of 2025; adjourned on 20 August 2025 and listed for 8 September 2025
- SAT matter SATV-37BA2C8455676D6582F3278EMatter called on August 20, 2025 after rejoinder filingAppeal: Appeal No. 45 of 2025 pending before SAT; adjourned to 20 August 2025 for rejoinder
- SAT matter SATV-5B89A0AE9D1F00A8478FBEEBAdjourned on request of learned counsel for the appellant · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 pending before SAT; adjourned to 14.02.2022, no disposal
- SAT matter SATV-5E7DABB96B6BC45938DF488FAdjourned on request of counsel for appellant · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 pending; adjourned to 14.02.2022 with interim extension, not disposed
- SAT matter SATV-43D16935949D96A21622FF8FMatters adjourned on the appellants' counsel's request. · Listed for hearing on 14 February 2022.Appeal: Multiple connected appeals and miscellaneous applications were adjourned on 19 January 2022; listed for 14 February 2022. No disposal on merits.
- SAT matter SATV-87D289ACDD72622B5CB85A05Adjourned on request of learned counsel for appellant, list on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 with Misc. Applications adjourned on 19.01.2022, listed on 14.02.2022, interim orders extended
- SAT matter SATV-93B122A53542199A9A7302E5Matter adjourned and to be called on 01.09.2025 at consent of both partiesAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 pending before SAT; adjourned to 01.09.2025
- SAT matter SATV-9A42A341DACF54C468542C61Adjourned on request of appellant's counsel; listed on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 with connected Misc Applications adjourned on 19.01.2022; not finally disposed
- SAT matter SATV-A1D5D3F70B45742B2A699699Adjourned on request of learned counsel for the appellant · List on February 14, 2022
- SAT matter SATV-A644B97F343E85061632616AAdjourned on request of appellant counsel, list on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeals Nos. 201,205,208,216,227,228,239,242,568 of 2020 and 485,566,567,568,607 of 2021 adjourned to 14.02.2022 with interim extended
- SAT matter SATV-B4F53548C336738A2A004FD4Adjourned on request of learned counsel for the appellant · List on February 14, 2022
- SAT matter SATV-BC7EEA5694532385D8BB5736Misc. Application No. 1145 of 2021 dismissed; no modification or correction to paragraph 34 of order dated 10.10.2019Appeal: Appeal against SAT order dated 10.10.2019 pending before Honble Supreme Court; prior review disposed on 06.04.2020
- Mis-utilisation of IPO proceeds contrary to objects (Rs 30 cr to IFPL diverted from share-lending), false RHP statements denying bridge loans, and non-disclosure of accepted deposits.Prohibited from accessing securities market for four years from SEBI order dated 6 August 2018 · Prohibited from associating with any listed company or partnership firm with effect from 1 February 2019Appeal: Appeal Nos. 361, 362 and 363 of 2018 with Misc. Application 299 of 2018; Order Reserved 22.7.2019, Date of Decision 10.10.2019
- SAT matter SATV-DB8E91E5DEDD6829EE5E3E4AMatters to be heard afresh when bench is constituted · List on February 16, 2024Appeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 pending before SAT; not disposed, adjourned to 16.02.2024 for fresh hearing
- SAT matter SATV-D7AF8BFA38C7496E6D728131Adjourned on request of appellants counsel and listed on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 pending before SAT; adjourned on 19.01.2022 to 14.02.2022 with interim extended
- SAT matter SATV-F4A2497AAE95EB328071C01DAdjourned on request of appellant counsel, list on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 adjourned to 14.02.2022, interim extended, not disposed
- SAT matter SATV-FD76DF8381C4321168DDBEE3Adjourned on request of learned counsel for the appellant · List on February 14, 2022Appeal: Batch Appeals Nos. 201/2020, 205/2020, 208/2020, 216/2020, 227/2020, 228/2020 and others adjourned to 14.02.2022 with interim relief extended
- SAT matter SATV-6483B31DE4E0A0C25B8ACA82Matters adjourned due to non-availability of bench · All listed matters to be listed on 17 April 2024Appeal: Multiple appeals and connected miscellaneous applications were adjourned on 16 February 2024 and directed to be listed on 17 April 2024; no disposal on merits.
- Alleged mis-utilisation of IPO proceeds vs stated objects, false statements on bridge loans in RHP/prospectus, non-disclosure of deposits under Sec 58A Companies Act 1956.Prohibited from accessing securities market for 4 years from date of order · Prohibited from associating with any listed company or partnership firm w.e.f. 1 February 2019
- SAT matter SATV-8C5633522B8B21601291ED3BAdjourned on request of appellant's counsel; listed on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos 201,205,208,216,227,228,239,242,568/2020 and 485,566,567,568,607/2021 heard on 19.01.2022; adjourned to 14.02.2022 with interim extended
Other
- SAT matter SATV-A3E37AA67F7C844DAB39652EAdjourned on request of appellant's counsel, list on February 14, 2022 · Interim order, if any, extended till next date of hearingAppeal: Appeal Nos. 201, 205, 208, 216, 227, 228, 239, 242, 568 of 2020 and 485, 566, 567, 568, 607 of 2021 with connected misc. applications adjourned to 14 February 2022; interim extended; not disposed
Source: SecMarx — Inventure Growth and Securities 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.