Kaushik Chattopadhyay

SAT-appeal

• Challenge to SEBI recovery proceedings initiated against past directors in connection with refund directions arising from issuance of Redeemable Preference Shares.
  Recovery proceedings initiated by SEBI's Recovery Officer against the appellants were quashed. · Appeal No. 335 of 2016 and Appeal No. 3 of 2017 were disposed of with no order as to costs.
  Appeal: Appeal No. 335 of 2016 and Appeal No. 3 of 2017 disposed of by SAT on 18 August 2017; recovery proceedings quashed.
• SAT matter SATV-4ED004B1C7CAAD53272B2166
  Appeal dismissed · Challenge to WTM order dated 06.02.2015 dismissed on ground of laches
  Appeal: Appeal No. 308 of 2018 with Misc. Application No. 256 of 2018 dismissed on 26.02.2020
• Basil International Ltd and directors allegedly mobilised funds via issuance of Redeemable Preference Shares with promised returns requiring refund to investors.
  Delay of 504 days in Appeal No. 335 of 2016 condoned · Recovery proceedings by SEBI Recovery Officer against past-director appellants quashed
• SAT matter SATV-D0AEEC4B348587F9A25D78E0
  Appeal No. 230 of 2018 and Misc. Application No. 197 of 2018 allowed to be withdrawn with liberty to file fresh · If fresh appeal filed within 2 weeks, court fees paid to be adjusted against fresh filing
  Appeal: Appeal No. 230 of 2018 and Misc. Application No. 197 of 2018 disposed as withdrawn on 10.07.2018 with liberty to refile