M/s. Excel Stock Broking Private Limited

SAT-appeal

• Operating or maintaining 10 trading terminals that were not found at their reported/designated locations, and failing to ensure proper supervision, monitoring and reporting of terminal locations.
  Violation committed by the appellant affirmed. · Penalty reduced from Rs. 10 lakhs to Rs. 1 lakh.
  Appeal: Appeal No. 267 of 2020, decided by SAT on 7 January 2021; partly allowed with penalty reduction.
• SAT matter SATV-D7C3FB6E8CECAD9636E97726
  Order reserved after hearing counsel for both sides via video conference · Parties directed to act on digitally signed copy sent by fax and/or email
  Appeal: Appeal No. 267 of 2020 heard on 11.11.2020; order reserved, not finally disposed
• SAT matter SATV-F8D0AC81BF98766DE0A77553
  Order reserved after hearing via video conference · Parties directed to act on digitally signed copy sent by fax and/or email
  Appeal: Appeal No. 267 of 2020 heard on 11.11.2020; order reserved