M/s. Rakhi Trading Pvt. Ltd.

SAT-appeal

• Executed synchronized matched/reverse trades in Nifty options in F&O segment creating misleading appearance of trading to transfer profit/loss via close-out difference.
• Violation of PFUTP Regs 3 and 4 (fraudulent and unfair trade practices) leading to AO penalty
  Misc Application No.1 of 2020 for condonation of 335-day delay rejected · Appeal No.1 of 2020 dismissed with no order as to costs
  Appeal: SAT Misc App 1/2020 and Appeal 1/2020 dismissed 13.1.2020; prior SAT order 11 Oct 2010 had set aside AO order; Supreme Court judgment 8 Feb 2018 allowed SEBI appeal
• SAT matter SATV-DE47575BFECA8549DA834C0C
  Appeals No.133 and 134 of 2010 disposed without interfering with interim restraint · SEBI to complete investigations qua appellants expeditiously, not later than 31 December 2010
  Appeal: Appeals No.133 and 134 of 2010 disposed on 13.10.2010
• SAT matter SATV-F0FC8E308CDB8D50A1837395
  Appeals No.173 and 174 of 2010 dismissed as withdrawn
  Appeal: Appeal No.173 of 2010 (with No.174 of 2010) dismissed as withdrawn on 13.10.2010