Darshan Bakul Shah & Ors.
Penalties and directions recorded
- Impugned SEBI order to remain stayed qua Noticee No.2 subject to deposit of 100% penalty amount
SAT-appeal
- SAT matter SATV-102BDE2D3FB3E5871A8BC973Appeal Lodging No. 196 of 2026 to be listed for admission on 19 June 2026Appeal: Appeal Lodging No. 196 of 2026 was mentioned on 16 June 2026 and directed to be listed for admission on 19 June 2026; not disposed.
- SAT matter SATV-273020BDADAA49F3954C8238Appeal Lodging No. 99 of 2026 and Miscellaneous Application No. 327 of 2026 listed for admission on April 6, 2026Appeal: Appeal Lodging No. 99 of 2026 and Miscellaneous Application No. 327 of 2026 mentioned on April 1, 2026; listed for admission on April 6, 2026
- SAT matter SATV-2B893FB25E45CFA012DA5298Impugned SEBI order to remain stayed qua Noticee No.2 subject to deposit of 100% penalty amount · Deposited amount to be placed by SEBI in an interest bearing accountAppeal: Appeal No. 180 of 2026 pending before SAT Mumbai; prior SAT order dated 22.06.2026 omitted Noticee No.2; praecipe disposed of on 03.07.2026 extending stay to Noticee No.2 on deposit condition
- SAT matter SATV-9530DC0A7E9EED5AD154095ECall on June 22, 2026Appeal: Appeal No. 180 of 2026 pending, next listed on June 22, 2026
- SAT matter SATV-BD318FEA893CC21B0777A3FFCall on July 3, 2026 for speaking to the minutesAppeal: Appeal No. 180 of 2026 mentioned on 02.07.2026, posted to 03.07.2026 for speaking to the minutes
Source: SecMarx — Darshan Bakul Shah & Ors.. 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.