Mr. Ashlesh Shah

SAT-appeal

• The appellant was alleged to be part of a group that violated the PFUTP Regulations through impugned securities-market transactions.
  Impugned WTM order dated 11 June 2015 quashed and set aside. · WTM directed to pass a composite order against all group entities.
  Appeal: Appeal No. 430 of 2015 decided on 8 December 2016; impugned order quashed and set aside.
• Alleged creation of artificial trading interest in illiquid Rotam Commercials Ltd scrip by Krupa Soni group to enable Malani promoter group to exit in violation of securities laws.
  Appeal allowed; WTM order dated 05.09.2017 set aside qua appellant with no order as to costs · Misc. Application No. 254 of 2017 disposed as infructuous with no order as to costs
  Appeal: Appeal No. 265 of 2017 allowed on 18.04.2018 (reserved 06.04.2018); Misc. Application No. 254 of 2017 disposed as infructuous