Master Capital Services Limited
Penalties and directions recorded
- Matters adjourned due to non-availability of the bench
- List the matters on 21 June 2024
- Matters listed for admission and final disposal on January 19, 2023
- Matters listed for hearing on January 30, 2025
- Matter adjourned pursuant to the appellant's request
SAT-appeal
- SAT matter SATV-0655D7A489C9917E7FDFDA37Matter part-heard; appeal to be listed for further hearing on 8 September 2025 at 2:30 p.m.Appeal: Appeal No. 747 of 2021 was part-heard and adjourned on 13 August 2025; next hearing fixed for 8 September 2025 at 2:30 p.m.
- SAT matter SATV-1798A769A0744AE772EFE7FCThree weeks granted to Tower Research Capital Markets India Pvt. Ltd. to file rejoinder in Appeal No. 55 of 2023 · All appeals listed for admission and final disposal on 23 March 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were pending; listed for admission and final disposal on 23 March 2023
- SAT matter SATV-2620538E4371180BD5BA3FF1Appeal proceedings adjourned on the appellants' request · All appeals listed for 6 November 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were adjourned on 20 September 2023 and listed for 6 November 2023.
- SAT matter SATV-1D0CE3CDCAE5AE997A12AA2DAppeal was adjourned and directed to be listed on 19 September 2025 before the appropriate BenchAppeal: Appeal No. 747 of 2021 was part-heard and listed for further hearing on 19 September 2025; no disposal on merits stated
- SAT matter SATV-332E435269FA23C60DAC2402Matters adjourned due to non-availability of the bench · List the matters on 21 June 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were adjourned on 2 April 2024; next listing fixed for 21 June 2024.
- SAT matter SATV-3374697E3EF6EBD68B9A2086Three weeks granted to Tower Research Capital Markets India Pvt. Ltd. to file rejoinder in Appeal No. 55 of 2023 · All four appeals listed for admission and final disposal on 23 March 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were pending; listed for admission and final disposal on 23 March 2023
- SAT matter SATV-23E0D7BECAED43B3BCAB3445Delay in filing reply by respondent SEBI condoned · Matters listed for admission and final disposal on January 19, 2023Appeal: Appeal No. 747 of 2021, Appeal No. 203 of 2022 and Appeal No. 381 of 2022 pending; pleadings completed; listed for admission and final disposal on January 19, 2023
- SAT matter SATV-3FEBE65F8A0EE7E715643A52Appellants granted three weeks to file rejoinder · Matters listed for hearing on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276 and 277 of 2024 were pending; rejoinder time granted and matters listed on 30 January 2025
- SAT matter SATV-325DC3B0FF017161E27F19FBMatter adjourned and to be called on November 19, 2025Appeal: Appeal No. 86 of 2025 along with Misc. Application No. 495 of 2025 pending, next listed on November 19, 2025
- SAT matter SATV-2C4B86FD9806DDB523664F32Three weeks time allowed to appellant to file rejoinder in Appeal No. 55 of 2023 · List all appeals for admission and for final disposal on March 23, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending before SAT; listed for admission and final disposal on 23 March 2023
- SAT matter SATV-394F311661F56C901CD75686Adjourned on the request of the appellants · List all appeals on November 06, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned to November 06, 2023
- SAT matter SATV-3E3526E8B56F5C9B408CAABCList all the appeals on September 20, 2023 · Parties to act on digitally signed copy of orderAppeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; listed for hearing on September 20, 2023
- SAT matter SATV-35B698BD479DD73D07BCEE39Three weeks time granted to appellants to file rejoinder · Matter listed on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending before SAT; adjourned to 30 January 2025 for rejoinder
- SAT matter SATV-3D2865785FE4F23A5FBFE116Matter adjourned pursuant to the appellant's request · List the matter on 6 July 2022Appeal: Appeal No. 322 of 2021 was adjourned on 29 April 2022 and listed for 6 July 2022; no disposal on merits stated
- SAT matter SATV-3ADA02494BC1749A2567FFF3Adjourned on request of respondent · List on July 18, 2022 for hearing on day to day basisAppeal: Appeal No. 747 of 2021 pending, adjourned vide order dated 10.06.2022, next listing July 18, 2022
- SAT matter SATV-3B9386713FCD005798239062Three weeks time granted to appellants to file rejoinder · Matter listed / Call on April 17, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending before SAT; rejoinder stage, next date April 17, 2025
- SAT matter SATV-3EC9C106C35F6B10E084196CDelay in filing reply by respondent condoned and application allowed · Matters listed for admission and for final disposal on January 19, 2023Appeal: Appeal No. 747 of 2021, Appeal No. 203 of 2022 and Appeal No. 381 of 2022 pending; Misc. Application No. 655 of 2022 allowed on 14.12.2022; listed for admission and final disposal on 19.01.2023
- SAT matter SATV-3594E9A0CA4657711A22B6F3Heard in part; call for further hearing on May 6, 2025 at 10.30 a.m. before appropriate benchAppeal: Appeal No. 747 of 2021 by Master Capital Services Limited vs SEBI part-heard on 25.04.2025, next hearing 06.05.2025
- SAT matter SATV-65A1B4636ED449BC25B9A2EBAppellants granted three weeks time to file rejoinder · Matter listed on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending; adjourned to January 30, 2025 for rejoinder filing
- SAT matter SATV-7790AA21B3FA2C27BDCC18DFMatter adjourned by consent to July 30, 2024 on appellants' request for timeAppeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned to 30 July 2024; not disposed
- SAT matter SATV-72FCCC425A9C137F531965B8Adjourned on the request of the appellants · List all the appeals on November 06, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned on 20.09.2023 to 06.11.2023
- SAT matter SATV-821AE3DA98DDE4AEC4FB71C9Adjourned on request of respondent SEBI · List matter on September 30, 2022Appeal: Appeal No. 747 of 2021 pending, adjourned to September 30, 2022
- SAT matter SATV-7E1D0C0F23B2C4A987BCE398Adjourned on appellant request to enable change of lawyer · List on February 01, 2023Appeal: Appeal No. 322 of 2021 pending; adjourned to February 01, 2023 on appellant request
- SAT matter SATV-8C755471EA7B7F248A221E12Matters adjourned due to non-availability of the bench · List on June 21, 2024
- SAT matter SATV-8846F0390E09CC3B4436784CThree weeks time granted to appellants to file rejoinder · Matters called on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending before SAT; adjourned to July 30, 2025 vide order dated 17.04.2025
- SAT matter SATV-8454BCB2BD61058E70D2D34ARespondent to file reply within three weeks · Appellant to file rejoinder within three weeks thereafterAppeal: Appeal No. 322 of 2021 pending; listed for admission and final disposal on July 8, 2021; deposit subject to result
- SAT matter SATV-8C6879197CA43F6201A9B0B6Adjourned for the day, list on December 2, 2022Appeal: Appeal No. 322 of 2021 pending, adjourned to December 2, 2022
- SAT matter SATV-9248C4CDC8D3D576ACA38AA1By consent, matter to be called on July 30, 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned to July 30, 2024; not disposed
- SAT matter SATV-4E180B767C5FF63B041913AAAppellants granted three weeks' time to file rejoinder · Matters listed on 30 January 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276 and 277 of 2024 were pending; rejoinder time granted and matters listed for 30 January 2025.
- SAT matter SATV-9C82488EF0DB79DAF201B2E5Three weeks granted to appellants to file rejoinder · Matter posted for hearing on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 against NSE pending; adjourned to 30 January 2025
- SAT matter SATV-957A3D3780DFB69D200C08DBSEBI sought time; all matters directed to be called on 06.08.2026Appeal: Appeal No. 747 of 2021, Appeal No. 203 of 2022, Appeal No. 381 of 2022 with Misc. Application No. 383 of 2025, Appeal No. 055 of 2023 - pending, adjourned to 06.08.2026
- SAT matter SATV-9F757281DB166571C6028747Part heard, listed for further hearing on October 16, 2025 at 2:30 P.M.Appeal: Appeal No. 747 of 2021 part heard on 19.09.2025, next hearing on October 16, 2025 at 2:30 P.M.
- SAT matter SATV-9D524314AAF2F05F4C951C8DMatter adjourned by consent to July 30, 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; adjourned to July 30, 2024
- SAT matter SATV-A078A7EDE7E3C9B7F40E56F3File physical copy of rejoinder affidavit with Registry within two weeks from 22 March 2022 · List matter on 29 April 2022Appeal: Appeal No. 322 of 2021 pending before SAT; adjourned to 29 April 2022 pending filing of physical rejoinder
- SAT matter SATV-AA3874D30F4B29EE67EBAD1AMatter adjourned due to non-availability of the bench · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal No. 322 of 2021 pending before SAT; adjourned to March 02, 2023
- SAT matter SATV-B27BE2DB43D2CF727D02491FAdjourned on the request of the appellants · List all appeals on November 06, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned on 20.09.2023; listed next on 06.11.2023
- SAT matter SATV-3EEDBDB9F840C9C9D7E4142AAll four appeals listed for 20 September 2023 · Parties directed to act on the digitally signed copy of the orderAppeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were listed for further hearing on 20 September 2023; not disposed of in this order.
- SAT matter SATV-BEB518FDF37C4EF74AB3FEEBThree weeks time granted to appellants to file rejoinder · Matters to be called on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending before SAT; adjourned to 30 January 2025, not disposed
- SAT matter SATV-C3F57756922E21A4C08E69E7Bench not available; matter to be listed on December 7, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearingAppeal: Appeal No. 322 of 2021 heard on 08.10.2021, adjourned to December 7, 2021 due to bench not available
- SAT matter SATV-48B915A7F0A52F78A424EC62By consent, list the appeal and connected miscellaneous application on 09 April 2026Appeal: Appeal No. 86 of 2025 with Misc. Application No. 495 of 2025; order dated 05 February 2026; adjourned by consent to 09 April 2026
- SAT matter SATV-D03385E90CA4E9D7E7E9E3F9By consent, call on July 17, 2025 at 10:30 A.M.Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; adjourned to July 17, 2025
- SAT matter SATV-D066212B84BE598E44FEB26FMatter adjourned due to non-availability of the bench · All concerned parties directed to act on digitally signed copy of orderAppeal: Appeal No. 322 of 2021 pending; adjourned vide order dated 02.12.2022, next listing January 02, 2023
- SAT matter SATV-CD457B6747F1A10F784690B5Adjourned at request of counsel for respondent SEBI · Matter listed next on July 01, 2026Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; adjourned to 01.07.2026, not disposed
- SAT matter SATV-E1B380FC653B1DF8E45F2268Matter adjourned and listed for hearing on 12.09.2025Appeal: Appeal No. 086 of 2025 pending; adjourned vide order dated 13.08.2025 to 12.09.2025
- SAT matter SATV-DA9F36457DE9243E6C9277E0Three weeks time granted to appellants to file rejoinder · Matter listed on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending; adjourned to 30 July 2025 for rejoinder
- Alleged failure to inspect authorized persons, submit order/call recordings for unauthorized trades, wrong information and brokerage-driven trades violating SEBI Circular Nov 6, 2009Misc. Application No. 215 of 2023 allowed; additional documents treated as Annexure-8 · AO order dated January 29, 2021 quashedAppeal: Appeal No. 322 of 2021 allowed on 02.03.2023; Misc. Application No. 215 of 2023 allowed
- SAT matter SATV-E4CB4E5F02409BC3504DFBFEAdmit Appeal No. 86 of 2025 · Respondent SEBI granted four weeks to file replyAppeal: Appeal No. 86 of 2025 admitted on 12.02.2025; pending, next date June 10, 2025
- SAT matter SATV-DFEF8D955DB5D1E8090DB491Adjourned and listed on 05.02.2026 at request of appellantAppeal: Appeal No. 086 of 2025 with Misc. Application No. 495 of 2025 pending, adjourned to 05.02.2026
- SAT matter SATV-E7E44B06F2F7978B968097F8Three weeks time granted to appellants to file rejoinder · Matters to be called on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending; adjourned to 30 July 2025 for rejoinder
- SAT matter SATV-5DBF69F73DD1ABC9FC150461Matters adjourned due to non-availability of the bench · Listed for 21 June 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 were adjourned on 2 April 2024 and listed for 21 June 2024.
- SAT matter SATV-F5556F2D4692B907CFB94D69SEBI praecipe seeking change of date disposed of by consent · All four appeals relisted for hearing on 13.08.2025Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 with Misc. Application No. 383 of 2025, and 55 of 2023 pending before SAT; praecipe disposed of on 11.07.2025, next hearing 13.08.2025
- SAT matter SATV-F5D25F0E0F7D8213C85DF4EFThree weeks time allowed to appellant in Appeal No. 55 of 2023 to file rejoinder · List all appeals for admission and for final disposal on March 23, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending before SAT; listed for admission and final disposal on March 23, 2023
- SAT matter SATV-F14E5666150DDACB82F0BC72Respondent SEBI to file reply within three weeks · Appellant to file rejoinder within three weeks thereafterAppeal: Appeal No. 747 of 2021 pending; interim deposit ordered on 22 December 2021; listed for admission and final disposal on 15 February 2022
- SAT matter SATV-FD4BB10BB968FC3A260A68C3Matters adjourned due to non-availability of bench; listed on June 21, 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; adjourned to June 21, 2024 vide order dated 02.04.2024
- SAT matter SATV-69E1C7A3FA27F06FD38FEB22The four appeals were listed for further hearing on 28 April 2026 and 29 April 2026 at 2:30 p.m.Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 (with Misc. Application No. 383 of 2025), and 55 of 2023 were pending and listed for hearing on 28-29 April 2026.
- SAT matter SATV-4E231DC127FCF2D8C402557EList Appeal No. 322 of 2021 on August 30, 2021 · Parties to take instructions from Registrar 48 hours before date fixed on video conference vs physical hearingAppeal: Appeal No. 322 of 2021 pending; listed on August 30, 2021 vide order dated 08.07.2021
- SAT matter SATV-51723ECC6B0A7DCDD34FC078Three weeks time granted to appellants to file rejoinder; matter listed on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending; adjourned to July 30, 2025
- SAT matter SATV-61899C8B8B37CF9D9CC9855BList all the appeals on September 20, 2023 · Parties to act on digitally signed copy of order signed by Private SecretaryAppeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; next listing September 20, 2023
- SAT matter SATV-656F5893836F5F458112CA70Adjourned on request of the appellants · List all appeals on November 06, 2023Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 adjourned on 20.09.2023, next listing November 06, 2023
- SAT matter SATV-6A64EDC358FEC70AB9522FBEMatter adjourned and listed on March 22, 2022 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearingAppeal: Appeal No. 322 of 2021 with Misc. Application No. 1401 of 2021 pending, adjourned to March 22, 2022
- SAT matter SATV-6FF5E33A43FBC41AAAC155F6Released from part heard · Call on February 23 and 24, 2026 at 02:30 P.M. before appropriate bench with Appeal No. 203 of 2022 by consentAppeal: Appeal No. 747 of 2021 pending; released from part heard and adjourned to 23 and 24 February 2026 tagged with Appeal No. 203 of 2022
- SAT matter SATV-72FAEEA2B14804E7DF6D62BDMatter adjourned by consent and to be called on July 30, 2024Appeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending before SAT; adjourned to July 30, 2024
- SAT matter SATV-8138CAFC4D4F1998FA554109Three weeks granted to appellants to file rejoinder · All matters listed on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending at rejoinder stage; next date 30 July 2025
- SAT matter SATV-7F9F298FDD067ACCA74D3F88Appeal part-heard, adjourned for want of appropriate bench to 09.12.2025 and 10.12.2025 at 2:30 p.m.Appeal: Appeal No. 747 of 2021 pending, part-heard, adjourned to 09.12.2025 and 10.12.2025, no disposal in this order
- SAT matter SATV-C923533939BA266391C0272CRespondent to file reply within three weeks · Appellant to file rejoinder within three weeks thereafterAppeal: Appeal No. 94 of 2024 with Misc. Application No. 125 of 2024 and Misc. Application No. 135 of 2024 pending; adjourned to April 01, 2024
- SAT matter SATV-CD235B45C2ADF737A0929990Three weeks time granted to appellants to file rejoinder · Matter listed on July 30, 2025
- SAT matter SATV-D545B316592D18FD9C5C392BList on August 11, 2022Appeal: Appeal No. 747 of 2021 pending before SAT, next listing on August 11, 2022
- SAT matter SATV-BDDA1050CEB85CD0FCFBE41FThree weeks granted to appellants to file rejoinder · Matter listed on July 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending; adjourned to July 30, 2025 for rejoinder
- SAT matter SATV-DFDB53E5EBBA9A5AEC55EAEDThree weeks time granted to appellants to file rejoinder · Matter listed on January 30, 2025Appeal: Appeal Nos. 94, 216, 248, 249, 250, 276, 277 of 2024 pending before SAT; adjourned to January 30, 2025 for rejoinder
- SAT matter SATV-F633FBADDB1F087148F8724AAppeal dismissed for want of prosecutionAppeal: Appeal No. 322 of 2021 dismissed for want of prosecution on 07.12.2021
- SAT matter SATV-ECD253E215BE668D4DB55013List all appeals on September 20, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 747 of 2021, 203 of 2022, 381 of 2022 and 55 of 2023 pending; adjourned to September 20, 2023 with no disposal
Source: SecMarx — Master Capital Services Limited. 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.