M/s. Vishu Enterprise

SAT-appeal

• Alleged fraudulent and unfair trading through self-trades, intra-group trades, multiple first trades and synchronized trades, creating artificial volumes and increasing prices in four scrips.
  Impugned monetary-penalty order was quashed and set aside. · Matter remanded to the adjudicating officer for fresh adjudication.
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed of on 15 February 2016; impugned order quashed and matter remanded.
• SAT matter SATV-360B1A60052972969FD8A71F
  SEBI AO order dated 31 July 2017 quashed and set aside · Matter restored to the AO for fresh order on merits and in accordance with law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311 and 315 of 2017 disposed on 14 March 2018; impugned AO order quashed and matter remanded
• Alleged fictitious trading as Sanghvi Group via self, intra, multiple first and synchronized trades to inflate price/volume in four scrips
  Quash and set aside AO impugned order imposing Rs 5 crore · Restore matter to AO file for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15 February 2016 - impugned order quashed and remanded
• SAT matter SATV-4506E5796AD2C40F8028AC99
  AO order dated July 31, 2017 quashed and set aside · Matters restored to AO file for fresh order on merits per law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311, 315 of 2017 disposed on 14.03.2018 by remand
• Alleged Sanghvi Group indulged in fictitious artificial trading in four scrips to inflate price and volume and create New High Price in violation of PFUTP norms.
  Impugned AO penalty order quashed and set aside · Matter restored/remanded to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15.02.2016; impugned order set aside and remanded
• Alleged Sanghvi Group indulged in fictitious artificial trading in four scrips via self, intra, multiple first and synchronized trades to inflate price/volume and create new high price.
  Impugned AO order quashed and set aside · Matter remanded to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed of on 15.02.2016 by remand, no costs
• SAT matter SATV-9F66AF02AB260C76027069B2
  Impugned AO order dated July 31, 2017 quashed and set aside · Proceedings restored to AO file for fresh order on merits per law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311, 315 of 2017 disposed on 14.03.2018 - impugned order quashed and remanded
• SAT matter SATV-9D99076B8EAE5929FCA99677
  AO order dated 31 July 2017 quashed and set aside · Matters restored to AO for fresh order on merits and in accordance with law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311, 315 of 2017 disposed on 14.03.2018 with remand, no order as to costs
• SAT matter SATV-9F3583E324B038EF8E2F0DCD
  AO order dated 31 July 2017 quashed and set aside in all appeals · Matters restored to file of AO for fresh order on merits in accordance with law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311 and 315 of 2017 disposed on 14.03.2018 by remand for fresh adjudication
• Alleged Sanghvi Group indulged in fictitious/artificial trading via self, intra, multiple first and synchronized trades to inflate price/volume in four scrips
  Quashed and set aside AO impugned order imposing Rs 5 crore jointly and severally · Restored matter to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15.02.2016; impugned penalty order quashed and remanded for fresh adjudication
• Alleged fictitious trading as Sanghvi Group in four scrips via self, intra, multiple first and synchronized trades to inflate price and volume and create new high prices.
  Quash and set aside AO impugned penalty order · Restore matter to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15 February 2016 by quashing AO order and remanding for fresh adjudication
• SAT matter SATV-C21623041B7F6ADC5B92A4BE
  AO order dated 31 July 2017 quashed and set aside · Matters restored to AO file for fresh order on merits per law
• SAT matter SATV-C7E819C2328781FB05511818
  AO order dated July 31, 2017 quashed and set aside in all appeals · Matter restored to AO for fresh order on merits in accordance with law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311 and 315 of 2017 disposed on 14.03.2018 with no order as to costs
• SAT matter SATV-D49ABC4FD6166A16E03D0006
  AO order dated July 31, 2017 quashed and set aside · Matter restored to AO for fresh order on merits and in accordance with law
  Appeal: Appeal Nos. 273,274,292,293,294,297,303,305,306,311,315 of 2017 disposed of on 14.03.2018 with no order as to costs
• SAT matter SATV-EBC3E05EC14FC3C0E3BC19C1
  AO order dated 31 July 2017 impugned in all appeals quashed and set aside · Matters restored to AO file for passing fresh order on merits and in accordance with law
  Appeal: Appeal Nos. 273, 274, 292, 293, 294, 297, 303, 305, 306, 311 and 315 of 2017 disposed on 14.03.2018 with no order as to costs
• Alleged fictitious/artificial trading by Sanghvi Group via self, intra, multiple first and synchronized trades to inflate price/volume and create New High Price in four scrips.
  Quash and set aside AO order imposing Rs 5 cr joint and several penalty · Restore matter to AO for fresh adjudication after fresh replies per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15.02.2016 - impugned penalty quashed and remanded for fresh adjudication
• Alleged fictitious/artificial trading by Sanghvi Group in four scrips via self trades, intra-trades, multiple first trades and synchronized trades to inflate price/volume and create New High Price.
  Quash and set aside impugned adjudication order imposing Rs 5 crore jointly and severally · Restore matter to adjudicating officer for fresh adjudication in accordance with law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed of on 15.02.2016; impugned AO order quashed and remanded for fresh adjudication
• Alleged Sanghvi Group indulged in fictitious/artificial trading - self, intra, multiple first and synchronized trades - contributing to price rise, artificial volume and new high price.
  Quashed and set aside AO order imposing Rs 5 crore jointly and severally · Remanded/restored matter to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed on 15.02.2016 - impugned order quashed and remanded for fresh adjudication
• SAT matter SATV-E7B96F5F76197A8CB6898E02
  AO order dated 31 July 2017 quashed and set aside in all appeals · Matters restored to AO file for fresh order on merits and in accordance with law
  Appeal: Appeal Nos. 273,274,292,293,294,297,303,305,306,311,315 of 2017 disposed of on 14.03.2018 by remand to AO
• Alleged Sanghvi Group did fictitious/artificial trading via self, intra, multiple first and synchronized trades to inflate price/volume and create new high price in four scrips.
  Impugned adjudication order quashed and set aside · Matter restored to adjudicating officer for fresh adjudication as per law
  Appeal: Appeal Nos. 81 to 90 of 2014 disposed of on 15.02.2016; impugned order quashed and remanded, no order as to costs