Kaushik Chatterjee

5 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Assets of appellant No.3 to be utilized only if company assets insufficient to repay investors
SEBI to consider proposal and facilitate expeditious sale with proceeds paid to investors
Assets of appellant No.3 to be utilized only if company assets insufficient to repay investors

SAT-appeal

Illegal mobilization of funds through issuance of Redeemable Preference Shares and failure to refund amounts collected to investors with interest as directed by WTM orders.
Dismissed appeal of appellant No.3; upheld Recovery Certificate and attachment order dated 13/03/2018 · Upheld Recovery Officer order dated 06/06/2019 rejecting appellant No.3 representation
Appeal: Appeal No.231 of 2018 with Misc. Applications 90/2019 and 382/2019 dismissed/disposed on 06.03.2020
Alleged unauthorized collection of funds through issuance of redeemable preference shares requiring refund to investors.
Appellants permitted to withdraw appeal and approach SEBI with concrete proposal for sale of assets · SEBI to consider proposal and facilitate expeditious sale with proceeds paid to investors
Appeal: Appeal No.213 of 2016 withdrawn and disposed on 05/08/2016; Misc. Application No.157 of 2016 disposed accordingly
Illegal collection of funds through issuance of Redeemable Preference Shares and failure to refund investors with interest per WTM orders.
Dismiss appeal of appellant No.3; uphold Recovery Certificate and attachment order dated 13.03.2018 · Uphold Recovery Officer order dated 06.06.2019 rejecting representation
SAT matter SATV-D7DDB28671B55BEC376008F0
Appeal No.231 of 2018 dismissed as not pressed for Appellant Nos.1 and 2 · Appellant No.3 granted three weeks to file amendment application
Appeal: Appeal No.231 of 2018 partly dismissed as not pressed for Appellants 1-2 on 14 June 2019; pending for Appellant 3; Misc Application No.72 of 2019 rejected
Underlying liability to refund amounts to investors enforced via SEBI recovery attachment (specific violation not detailed in this procedural order)
Delay in removing office objections condoned and dismissed appeal restored · Appeal to be placed for admission on August 10, 2018 subject to removal of objections by August 9, 2018
Appeal: Misc. Application No.178 of 2018 in Appeal Lodging No.188 of 2018 disposed on 05.07.2018; appeal restored for admission on 10.08.2018

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Source: SecMarx — Kaushik Chatterjee. 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.