Late Anjiraju Chintalapati

5 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Impugned WTM order: restrain appellants from securities market for 7 years
Impugned WTM order: disgorge para 65 unlawful gains jointly/severally with Raju duo with 12% interest from 07.01.2009
Restrained from accessing securities market and buying/selling/dealing in securities for 7 years
Disgorge unlawful gains per para 65 jointly and severally with B. Ramalinga Raju and B. Rama Raju with interest
WTM order restrained appellants from securities market for 7 years from buying/selling/dealing directly or indirectly

SAT-appeal

Promoters/connected persons deemed insiders sold/pledged Satyam shares while in possession of UPSI that Satyam books were inflated from 2001-2008.
Impugned WTM order: restrain appellants from securities market for 7 years · Impugned WTM order: disgorge para 65 unlawful gains jointly/severally with Raju duo with 12% interest from 07.01.2009
Appeal: Appeal Nos. 451-453, 458-463 of 2015 plus Misc App 87/2017 against WTM common order 10.09.2015; reserved 02.08.2017, decided 11.08.2017
Appellants as Satyam promoters/connected persons were insiders with UPSI that books inflated 2001-2008 and sold/pledged Satyam shares while in possession of UPSI for unlawful gains.
Restrained from accessing securities market and buying/selling/dealing in securities for 7 years · Disgorge unlawful gains per para 65 jointly and severally with B. Ramalinga Raju and B. Rama Raju with interest
Appeal: Appeal Nos. 451,452,453,458,459,460,461,462,463 of 2015 with Misc App 87/2017 decided 11.08.2017, reserved 02.08.2017
Appellants as Satyam promoters/connected persons were insiders with access to UPSI that Satyam books were inflated and sold/pledged Satyam shares while in possession of UPSI for unlawful gains.
WTM order restrained appellants from securities market for 7 years from buying/selling/dealing directly or indirectly · WTM directed disgorgement of unlawful gains per para 65 jointly and severally with B. Ramalinga Raju and B. Rama Raju with 12% interest
Appeal: Appeal Nos. 451,452,453,458,459,460,461,462,463 of 2015 with Misc. Application 87 of 2017; Reserved 02.08.2017, Decided 11.08.2017
Promoter/connected persons as insiders sold/pledged Satyam shares while in possession of UPSI that Satyam books were inflated from 2001-2008, violating SEBI Act and PIT Regulations.
WTM order 10.09.2015: restrain appellants from securities market for 7 years · Direct disgorgement of unlawful gains per para 65 jointly and severally with B. Ramalinga Raju and B. Rama Raju
Appeal: Appeal Nos. 463, 451, 452, 453, 458, 459, 460, 461, 462 of 2015 with Misc. Application 87 of 2017; Order Reserved 02.08.2017, Decided 11.08.2017 by common decision
Appellants as promoters/connected persons allegedly sold/pledged Satyam shares while in possession of UPSI of inflated books, violating PIT Regulations.
WTM restrained appellants from securities market for 7 years · Directed disgorgement of unlawful gains jointly and severally with B. Ramalinga Raju and B. Rama Raju with 12% interest
Appeal: Appeal Nos. 451-453, 458-463 of 2015 against WTM order 10.09.2015, reserved 02.08.2017 decided 11.08.2017

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Source: SecMarx — Late Anjiraju Chintalapati. 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.