Jolly Plastic Industries Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Impugned penalty order quashed

SAT-appeal

SAT matter SATV-08D5AA4090574A895ADC5A8A
Miscellaneous applications and Appeal No. 752 of 2022 listed for 19 May 2023
Appeal: Appeal No. 752 of 2022 was pending; matter adjourned and listed on 19 May 2023.
Noticee No.1 issued preferential allotment to other noticees after funding them, alleged to violate Section 12A read with Regulations 3 and 4 of PFUTP Regulations.
Impugned penalty order quashed · Appeal allowed
Appeal: Appeal No.752 of 2022 allowed on 19.5.2023; Misc. Application No.1073 of 2022 and Misc. Application No.2 of 2023 disposed of

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Source: SecMarx — Jolly Plastic Industries 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.