Mr. Devang Dadia

SAT-appeal

• SAT matter SATV-0687CFA88CDE3FB863416705
  Delay in filing Misc. Applications Nos. 568 and 569 of 2021 condoned. · Appeal Nos. 400 and 401 of 2021 dismissed summarily at the admission stage.
  Appeal: Appeal Nos. 400 and 401 of 2021 dismissed summarily by SAT on 22 June 2021; delay applications allowed.
• Repeated execution of synchronized trades creating artificial volume in nine scrips at NSE in violation of SEBI Act and PFUTP Regulations
  Misc. Application Nos. 6 of 2017 and 26 of 2017 for condonation of delay dismissed · Appeal Nos. 5 of 2017 and 28 of 2017 disposed as infructuous consequent to dismissal
  Appeal: Appeal Nos. 5 of 2017 and 28 of 2017 filed Jan 2017 disposed as infructuous on 29.06.2017
• Non-payment of AO penalties leading to recovery certificate and attachment orders; underlying securities violation not detailed in SAT order
  Delay in Appeals 400-401 of 2021 condoned; Misc. Applications 568-569 of 2021 allowed · Appeal Nos. 400 of 2021 and 401 of 2021 dismissed summarily at admission stage
  Appeal: Appeal against AO penalty order dismissed by SAT on 29 June 2017; present Appeal Nos. 400 and 401 of 2021 dismissed on 22 June 2021
• Executing synchronized trades repeatedly over time thereby creating artificial volume in nine scrips at NSE in violation of SEBI Act and PFUTP Regulations.
  Misc. Applications No. 6/2017 and 26/2017 for condonation of delay dismissed · Appeal Nos. 5/2017 and 28/2017 disposed of as infructuous with no order as to costs
  Appeal: Appeal No. 5 of 2017 and Appeal No. 28 of 2017 filed Jan 2017, disposed as infructuous on 29.06.2017 on dismissal of delay condonation