Jaynarayan Tripathy

SAT-appeal

• The appellants were directed to refund money collected from investors by the company during their respective tenures as directors, with interest.
  Impugned WTM order quashed insofar as it related to the appellants. · Matter remitted to the WTM for a fresh order after proper service of the show cause notice.
  Appeal: Appeal Nos. 741 of 2022 and 786 of 2022 allowed on 15 November 2022; impugned order quashed insofar as it concerned the appellants and matter remitted to the WTM.
• SAT matter SATV-81A321CB63E503C8490121D9
  List matter on November 15, 2022 · Respondent may file reply on or before next date
  Appeal: Appeal No. 786 of 2022 with Misc. Application Nos. 1106 and 1107 of 2022 pending before SAT; listed next on November 15, 2022
• Company allegedly collected money from investors illegally; appellants as directors directed to refund collections during their tenure with interest.
  Impugned WTM order quashed qua appellants and appeals allowed · Matter remitted to WTM to pass fresh order after serving show cause notice
  Appeal: Appeal Nos. 741 of 2022 and 786 of 2022 allowed on 15.11.2022; delay of 1122 days condoned