Jumbo Bag Limited

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

BSE directed to pass fresh order on extension application on merit and in accordance with law after giving personal hearing

SAT-appeal

Dispute over rejection without reasons of application seeking extension of time to file quarterly financial results for quarter ended December 31, 2013 under listing agreement.
Delay of 235 days (SEBI) and 53 days (BSE) condoned; Misc. Application No.175 of 2014 allowed with no costs · SEBI communication dated 18.02.2014 and BSE communications dated 24.07.2014 and 19.08.2014 quashed and set aside for lack of reasons
Appeal: Appeal No.399 of 2014 disposed of on 09.12.2014 by quashing and remand; Misc. Application No.175 of 2014 for condonation of delay allowed
Failure to file financial results for quarters ended 31 Dec 2013 and 31 Mar 2014 within stipulated time and non-payment of fine, leading to proposed suspension of trading.
Appeal allowed to be withdrawn with liberty to file fresh appeal challenging SEBI decision also · BSE shall not take suspension action per 19 Aug 2014 order for two weeks
Appeal: Appeal No.283 of 2014 disposed on 10/11/2014 as withdrawn with liberty to file fresh appeal

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Source: SecMarx — Jumbo Bag Limited. 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.