Kalpana Kapadia

SAT-appeal

• Prima facie undue profits allegedly made during Nov 2001-Sep 2011 sought to be impounded with 12% p.a. interest via ex-parte ad-interim directions.
  Permit appellants to sell securities in respective demat accounts to fund escrow deposit · Deposit only principal undue profits (Rs 47,24,293 and Rs 1,05,02,417) in escrow, not interest
  Appeal: Appeal Nos. 4 of 2016 and 5 of 2016 disposed on 04.03.2016 with no order as to costs
• SAT matter SATV-9601830128F3E7C80C899263
  Registry directed to add 'and to redeem the mutual fund units' in paras 2 and 4 of order dated 04/03/2016 · Misc. Application No. 65 of 2016 disposed off
  Appeal: Misc. Application No. 65 of 2016 in Appeal No. 4 of 2016 disposed of on 03/05/2016 seeking modification of SAT order dated 04/03/2016
• Prima facie making of undue profits during November 2001 to September 2011 as quantified ex-parte by WTM.
  Permitted to sell securities in respective demat accounts to deposit only principal undue profits in escrow, not interest · On deposit of quantified undue profits, SEBI to defreeze all bank/demat accounts forthwith and intimate authorities
  Appeal: Appeal Nos. 4 and 5 of 2016 disposed on 04.03.2016 with no order as to costs