Mr. Rana Ranjit Singh

5 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Parties to take instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
Matter connected with Appeal No. 256 of 2020, Rana Sugars Ltd. vs. SEBI.
Registry to endorse dismissal in memo of appeal
Present directors to ensure compliance and furnish peer-reviewed CA certificate with evidence
Company restrained from securities market for 5 years from date of WTM order

SAT-appeal

SAT matter SATV-168F7AC233FFED52A4D75FD4
Matter adjourned because arguing counsel for SEBI was unwell · List Appeals 256 and 532 of 2020 on 18 May 2021
Appeal: Appeal Nos. 256 of 2020 and 532 of 2020 were pending; hearing adjourned on 12 April 2021 and listed for 18 May 2021
SAT matter SATV-251D045081C871B63FDF5F95
Delay in filing the appeal, if any, was condoned. · Miscellaneous application allowed.
Appeal: Appeal Lodging No. 558 of 2020; delay condoned on 17 December 2020; connected with Appeal No. 256 of 2020 and listed for further hearing on 2 February 2021.
SAT matter SATV-9258B4885E57C436A79914D5
Appeal for appellant nos. 2-7 dismissed as withdrawn with liberty to file separate appeals · Registry to endorse dismissal in memo of appeal
Appeal: Misc. Application No.285 of 2020 and Appeal No.286 of 2020 decided 19.11.2020; appellant nos.2-7 withdrawn, company appeal pending
Fraudulent GDR issue with non-disclosure of Account Charge/Pledge Agreement, single-entity subscription by Seazun and diversion of USD 2.27 million proceeds.
Appeals dismissed with no costs; WTM order dated 31 January 2020 upheld · Company to bring back USD 2.27 million diverted to Seazun into India bank account
Appeal: Appeal No. 256 of 2020 and Appeal No. 532 of 2020 with Misc. Application No. 285 of 2020 dismissed/decided on 31.08.2021, hearing on 24.08.2021
Non-disclosure of Account Charge/Pledge Agreement and sole subscription by Seazun with diversion of USD 2.27 million GDR proceeds, constituting fraud on investors.
Appeals dismissed with no order as to costs; WTM directions confirmed · Company to bring back USD 2.27 million diverted to Seazun into India bank account
Appeal: Appeal Nos. 256 of 2020 and 532 of 2020 with Misc. Application No. 285 of 2020 dismissed on 31.08.2021

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Source: SecMarx — Mr. Rana Ranjit Singh. 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.