Mr. Amit Arora

4 matters before the Securities Appellate Tribunal

Penalties and directions recorded

AO imposed Rs 10,00,000 each on Jubilant Life Sciences, Jubilant Stock Holding, Shyam Sunder Bhartia, Hari Shankar Bhartia and Amit Arora
Jubilant Life Sciences: Rs 10 lakh penalty under Sec 23A(a) SCRA for Clause 36 violation
Jubilant Stock Holding: Rs 10 lakh under Sec 15G SEBI Act for Reg 3A PIT violation
Shyam Sunder Bhartia, Hari Shankar Bhartia, Amit Arora: Rs 10 lakh each under Sec 15G for Reg 3(i) PIT violation

SAT-appeal

Delayed disclosure under Clause 36 of FDA warnings, China duties and hospital-sale MOU, and trading by promoter entity and VP while in possession of UPSI in violation of PIT Regulations 3/3A.
AO imposed Rs 10,00,000 each on Jubilant Life Sciences, Jubilant Stock Holding, Shyam Sunder Bhartia, Hari Shankar Bhartia and Amit Arora
Appeal: Appeal Nos 174, 157 and 175 of 2018 against AO order dated 31.01.2018; SAT hearing 31.07.2019, decision 07.11.2019
Delayed disclosure of material events under Clause 36 and trading by promoter entity and VP while in possession of UPSI on FDA letters, China duties and hospital sale MOU
Jubilant Life Sciences: Rs 10 lakh penalty under Sec 23A(a) SCRA for Clause 36 violation · Jubilant Stock Holding: Rs 10 lakh under Sec 15G SEBI Act for Reg 3A PIT violation
Appeal: Appeal Nos. 174, 157 and 175 of 2018, hearing 31.07.2019, SAT decision 07.11.2019 challenging AO order
Delayed disclosure of FDA warnings, China duties and hospital-sale MOU under Clause 36 and trading by promoter entity/directors and VP while in possession of UPSI under PIT Reg 3/3A.
Delayed disclosure of FDA warnings, China duties and hospital-sale MOU under Clause 36 and trading by promoter entity and VP while in possession of UPSI under PIT Reg 3/3A.
Appeal: Appeal Nos. 174, 157 and 175 of 2018 against AO order dated 31 January 2018; heard 31 July 2019, decided 07 November 2019 by common SAT order

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Source: SecMarx — Mr. Amit Arora. 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.