Kotak Mahindra Bank Limited

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

All parties including appellant restrained from transferring/selling pledged shares till further orders
Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing

SAT-appeal

Jurisdictional dispute over freezing broker demat accounts where pledge created in favour of Kotak; ownership of disputed pledged shares pending forensic audit.
Appellant to file impleadment application within a week to implead broker as necessary respondent · Respondents directed to file replies within two weeks
Appeal: Appeal No. 93 of 2021 with Misc. Application No. 135 of 2021 pending; interim order dated 01.03.2021 issuing restraint and directions, next date March 15, 2021
SAT matter SATV-D54E39BE9DC90A49474C476C
Three weeks time allowed to appellant to file rejoinder · List matter on November 12, 2021
Appeal: Appeal No. 93 of 2021 with Misc. Application No. 135 of 2021 pending at rejoinder stage; listed on November 12, 2021

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Source: SecMarx — Kotak Mahindra Bank Limited. 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.