Kamala Tea Company Ltd.

SAT-appeal

• Appellant alleged non-transfer of shares purchased in 2010 and denial of exit offer on compulsory delisting; BSE closed complaint on SCORES as company delisted.
  Delay of 76 days in filing Appeal No.565 of 2021 condoned; Misc. Application No.892 of 2021 allowed · Appeal dismissed summarily at admission stage; SCORES closure upheld for delisted company
  Appeal: Appeal No.565 of 2021 with Misc. Application Nos.892 and 893 of 2021 dismissed summarily at admission stage on 31.8.2021 after condoning 76 days delay
• Alleged non-transfer of 4,04,800 Kamala Tea shares purchased in 2009/2010 and denial of exit offer after compulsory delisting.
  Appeal No. 154 of 2022 dismissed · No exit offer relief as appellant is not recorded shareholder until transfer sorted in appropriate forum
  Appeal: Appeal No. 154 of 2022 with Misc. Applications 97-98 of 2022 heard 18.04.2022 and dismissed by SAT order dated 20.04.2022