Rajesh Kumar

SAT-appeal

• Alleged buy trades contributing negative LTP of Rs. 7.15 via 6 single-share trades in Cupid Trades & Finance Ltd in violation of PFUTP Regulations 3 and 4.
  Impugned AO order dated June 25, 2020 quashed · Appeal allowed at admission stage without calling for reply
  Appeal: Appeal No. 402 of 2020 allowed on 19.11.2020; Misc. Application No. 403 of 2020 for delay condonation allowed
• SAT matter SATV-A657A1CDBA794332CA944221
  Order reserved after hearing counsel for appellant and respondent via video conference · Parties directed to act on digitally signed copy sent by fax and/or email
  Appeal: Appeal No. 402 of 2020 with Misc. Application No. 403 of 2020 (Delay Application) - heard on 03.11.2020, order reserved
• Floating Lump Sum and Regular Investment Plans for plots without CIS registration, held to be Collective Investment Scheme.
  WTM order 08.12.2014: wind up CIS plans and refund money with returns due as per offer terms · Chairman order 17.04.2015: rejected application dated 24.06.2013 for registration under CIS Regulations
• Allegedly floating unregistered Collective Investment Schemes via Lump Sum and Regular Investment Plans for plots with promised returns.
  Appeal: Appeal No.126/2015 and 314/2015 reserved on 08.03.2018, decided 11.04.2018; appellants reserved right to appeal to Supreme Court