M/s. Ideal Motor & Finance Pvt. Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Adjudicating Officer order imposing Rs 50,000 penalty upheld with no interference

SAT-appeal

SAT matter SATV-C1E4637EC3B3E362236F69F9
Same order as in Appeal No. 114 of 2008 decided on 10.07.2009
Appeal: Appeal No. 118 of 2008 decided on 10.07.2009 - disposed in same terms as Appeal No. 114 of 2008 decided on 10.07.2009
Collusive trading in Goenka Business and Finance Ltd scrip creating artificial volumes and false market leading to significant price rise without change in fundamentals.
Appeal Nos. 126 to 133 of 2008 dismissed · Adjudicating Officer order imposing Rs 50,000 penalty upheld with no interference
Appeal: Appeal Nos. 126 to 133 of 2008 dismissed on 10.07.2009

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Source: SecMarx — M/s. Ideal Motor & Finance 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.