Jagdish Prasad Khandelwal

SAT-appeal

• Operating unregistered collective investment schemes in 2011-2013 collecting contributions for plot purchase/sale without registration under Section 12(1B).
  Appeal No.315 of 2018 and Appeal No.375 of 2018 dismissed on merits without costs · WTM directions upheld: wind up CIS and refund within three months, no alienation of assets
  Appeal: Appeal No.315 of 2018 and Appeal No.375 of 2018 with Misc. Application No.296 of 2018 (101 days delay condoned) dismissed on 6 April 2021
• Floating unregistered Collective Investment Schemes in 2011-2013 for purchase and sale of plots without SEBI registration under Section 12(1B).
  Appeal No.315 of 2018 and Appeal No.375 of 2018 dismissed on merits without costs · WTM directions for winding-up CIS, refund, asset freeze and 4-year market access/director bar affirmed
  Appeal: Appeal No.315 of 2018 and Appeal No.375 of 2018 with Misc.Application No.296 of 2018 disposed/dismissed on 6 April 2021
• Floating unregistered collective investment schemes for purchase and sale of plots in 2011-2013 without CIS registration in violation of Section 12(1B) read with Section 11AA and Regulation 3.
  Delay of 101 days in filing Appeal No.375 of 2018 condoned · Appeal No.315 of 2018 and Appeal No.375 of 2018 dismissed on merits without costs
  Appeal: Appeal Nos. 315 of 2018 and 375 of 2018 disposed on 6 April 2021 - dismissed without costs