M/s Right Finstock Ltd.

SAT-appeal

• SAT matter SATV-779745A820E40115BCA6FE2B
  Same order as in Appeal No. 76 of 2010 decided on 12.7.2010
  Appeal: Appeal No. 77 of 2010 decided on 12.7.2010 - disposed in same terms as Appeal No. 76 of 2010
• Alleged creation of artificial volumes and circular trading in K.C. Bokadia Films Ltd and failure to make Takeover Code and Insider Trading disclosures plus non-compliance with investigating officer summonses.
  Adjudicating Officer penalty orders dated 15 March 2010 and 17 March 2010 upheld · Appeal Nos. 76 and 77 of 2010 dismissed with no order as to costs
  Appeal: Appeal Nos. 76 and 77 of 2010 decided on 12.7.2010 - dismissed with no order as to costs
• Failure to make required disclosures to Innovision E-commerce Ltd after sale of 65,41,956 shares triggering Regulation 13(3) read with 13(5).
  Impugned AO order dated March 4, 2009 modified · Monetary penalty reduced from Rs 2 lacs to Rs 50,000
  Appeal: Appeal No. 166 of 2009 decided on 8.10.2009 - disposed off with penalty reduced to Rs 50,000