Texmo Pipes and Products Ltd.

SAT-appeal

• SAT matter SATV-03FD505134D383DE6741C404
  Appeal No. 922 of 2023 was adjourned by consent to 03 October 2024 after the appellant sought time
  Appeal: Multiple appeals were listed; Appeal No. 922 of 2023 was adjourned by consent to 03 October 2024. No final disposal is recorded.
• SAT matter SATV-0C983CC157202584A931CB9D
  Order reserved for delivery on 30 September 2022 · All concerned parties directed to act on the digitally signed copy
  Appeal: Appeal Nos. 604, 605, 606, 607 and 608 of 2022 were heard; order reserved on 27 September 2022 for delivery on 30 September 2022
• SAT matter SATV-288FBC04F8E7121814B8CA04
  By consent, all matters were adjourned to 22 August 2024.
  Appeal: Appeal Nos. 646 of 2023, 689 of 2023, 873 of 2023, 922 of 2023 and 102 of 2024 were listed; by consent, call on 22 August 2024.
• SAT matter SATV-385D52BB8C41B8D661E97207
  Connect Misc. Application No. 1341 of 2023 and Appeal No. 922 of 2023 with Appeal No. 646 of 2023 · List the matters on 05 February 2024
  Appeal: Appeal No. 922 of 2023; connected with Appeal No. 646 of 2023; listed for 05 February 2024
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading announcement that issue was fully subscribed.
  AO penalty of Rs. 10.25 crores on Texmo Pipes under Section 15HA SEBI Act and Section 23E SCRA under challenge in Appeal No.608 of 2022 · AO penalty of Rs.20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Section 15HA under challenge
• SAT matter SATV-319E11B326E413ADE66F0EAE
  Heard in part · Listed High on Board on 24.10.2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending; heard in part on 03.10.2024
• SAT matter SATV-E9B035710D2495679E2F5A63
  By consent, matter to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023, 102/2024 pending; adjourned to 22.08.2024 by consent
• SAT matter SATV-FC1004B0CF6784F68868FD1C
  By consent, call on August 22, 2024
  Appeal: Appeal Nos. 646 of 2023, 689 of 2023, 873 of 2023, 922 of 2023 and 102 of 2024 pending before SAT; adjourned to 22.08.2024
• SAT matter SATV-8903B9160B1BA674D84D26A1
  By consent, matters to be called on 29.07.2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending; adjourned to 29.07.2024
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement.
  AO penalties recorded: Rs 10.25 cr on Company; Rs 20 lakh each on Agrawal and Pappu; Rs 10 lakh on Badera; Rs 2 lakh on Jain · Tribunal observed non-disclosure of pledge/loan agreements was fraudulent and misleading; final SAT operative part truncated beyond para 17
  Appeal: Appeal Nos. 604, 605, 606, 607, 608 of 2022 with Misc. Applications 782-786 of 2022; reserved 27.09.2022, date of decision 30.09.2022 against AO order dated 28.06.2022
• SAT matter SATV-9B0B2845A3A8DC4CE7569AB4
  Heard counsel for parties; order reserved to be delivered on September 30, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal Nos. 604-608 of 2022 with Misc. Applications 782-786 of 2022 heard on 27.09.2022; order reserved for 30.09.2022, not disposed
• SAT matter SATV-ACBAD5A821DB2CE4FB2ED5BD
  By consent, matters to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending before SAT; adjourned to 22.08.2024, not disposed
• SAT matter SATV-AAC48E394249BE49A2AFC35E
  By consent, matter to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending before SAT; adjourned by consent to 22.08.2024
• Fraudulent GDR scheme where GDR proceeds pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading announcement that issue was fully subscribed.
  AO penalty of Rs.10.25 crore on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · AO penalty of Rs.20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos.604,605,606,607,608 of 2022 with Misc Applications 782-786 of 2022 against AO order dated June 28, 2022; SAT reserved 27.09.2022, decided 30.09.2022
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement.
  Rs 10.25 crores penalty on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · Rs 20 lakh penalty each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos 604,605,606,607,608 of 2022 with Misc Apps 782-786 of 2022 against AO order 28.06.2022; reserved 27.09.2022, decision 30.09.2022; final SAT disposal truncated
• Fraudulent GDR scheme: pledged GDR proceeds with EURAM Bank to fund sole subscriber Vintage FZE, non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement violating SEBI Act, PFUTP and Listing Agreement.
  AO order Jun 28, 2022 imposed Rs 10.25 cr on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · AO imposed Rs 20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos. 604, 605, 606, 607, 608 of 2022 with Misc. Applications 782-786 of 2022 against AO order Jun 28, 2022; reserved Sep 27, 2022, decision Sep 30, 2022
• SAT matter SATV-FC7DEFBE41E3AF3D3EBB2777
  Adjournment granted by consent, matters to be called on July 18, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending before SAT; adjourned to 18.07.2024