Konark Commerce & Industries Ltd. & Ors.
SAT-appeal
- Alleged fraudulent and unfair trade practices in Brooks Laboratories Ltd scrip in violation of SEBI Act Sec 12A and PFUTP Regs 3-4.Impugned ex-parte AO order dated 31.12.2013 set aside qua appellants subject to costs · All 15 Appeals Nos. 26-40 of 2015 allowed and remanded for fresh adjudicationAppeal: Appeal Nos. 26-40 of 2015 allowed on 15.12.2015; ex-parte AO order dated 31.12.2013 set aside and remanded for fresh hearing
- Alleged fraudulent and unfair trade practices relating to securities market in Brooks Laboratories Ltd. in violation of Sec 12A and FUTP RegulationsImpugned ex-parte AO order dated 31.12.2013 set aside qua appellants subject to costs · All 15 Appeals No. 26-40 of 2015 allowed and remanded for fresh adjudicationAppeal: Appeal Nos. 26 to 40 of 2015 allowed on 15.12.2015; common ex-parte order dated 31.12.2013 set aside and remanded for fresh hearing
Source: SecMarx — Konark Commerce & Industries Ltd. & Ors.. 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.