M/s. Gaurav Investments & Consultancy (Pvt) Ltd.
Penalties and directions recorded
- Impugned DAC orders dated 26 March 2012 and 11 September 2012 quashed and set aside
- Matters restored to NSE DAC for fresh decision on merits and in accordance with law
- Impugned DAC orders dated 26 March 2012 and 11 September 2012 quashed and set aside.
- Matters restored to NSE DAC for fresh decision on merits and in accordance with law.
SAT-appeal
- Alleged wrong reporting of margin and failure to properly account for margin money obligations under NSE circulars.Impugned DAC orders dated 26 March 2012 and 11 September 2012 quashed and set aside · Matters restored to NSE DAC for fresh decision on merits and in accordance with lawAppeal: Appeal Nos. 118 of 2014 and 156 of 2015 disposed of by SAT on 1 July 2016; impugned orders quashed and matters remanded to NSE DAC.
- Alleged wrongful reporting of margin and failure to properly account for margin obligations under NSE circulars.Impugned DAC orders dated 26 March 2012 and 11 September 2012 quashed and set aside. · Matters restored to NSE DAC for fresh decision on merits and in accordance with law.Appeal: Appeal Nos. 118 of 2014 and 156 of 2015 disposed of on 1 July 2016; impugned orders quashed and matters remanded to NSE DAC.
Source: SecMarx — M/s. Gaurav Investments & Consultancy (Pvt) Ltd.. 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.