M/s. Dalmia Housing Finance Ltd. and 7 others
Penalties and directions recorded
- AO imposed Rs 7 lakh to Rs 50 lakh penalties per noticee vide 13 separate orders dated 25.10.2013, challenged in SAT Appeals 6-18 of 2014
- AO imposed Rs.50L on GHCL, Rs.10L on CS, Rs.25L on Chairman vide orders 25.10.2013 - challenged
- AO imposed Rs.9L on Carissa, Rs.7L each on 9 other promoters - challenged
SAT-appeal
- GHCL, officers and 10 promoters inflated promoter shareholding disclosed to exchanges by counting third-party shares as promoter holding, misleading public/investors.AO imposed Rs 7 lakh to Rs 50 lakh penalties per noticee vide 13 separate orders dated 25.10.2013, challenged in SAT Appeals 6-18 of 2014Appeal: Appeals No. 6-18 of 2014 against AO orders dated 25.10.2013; heard 17.07.2014, decision dated 31.07.2014; final disposal not in excerpt
- GHCL, CS and Chairman transmitted incorrect inflated promoter shareholding to exchanges; ten promoters illegally added third-party shares to own holding, misleading public/investors.AO imposed Rs.50L on GHCL, Rs.10L on CS, Rs.25L on Chairman vide orders 25.10.2013 - challenged · AO imposed Rs.9L on Carissa, Rs.7L each on 9 other promoters - challengedAppeal: Appeal Nos. 6 to 18 of 2014 (13 appeals) heard 17.07.2014, decided 31.07.2014 challenging AO orders dated 25.10.2013
Source: SecMarx — M/s. Dalmia Housing Finance Ltd. and 7 others. 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.