Mr. Sanjay Kumar Agrawal

SAT-appeal

• SAT matter SATV-0952350A4161539CD88AA91D
  Review Application No. 36 of 2024 and Appeal No. 102 of 2024 were not taken up and were directed to be listed on December 16, 2024.
  Appeal: Review Application No. 36 of 2024 in Appeal No. 922 of 2023 and Appeal No. 102 of 2024 were pending; the matters were directed to be called on December 16, 2024.
• SAT matter SATV-0BE8F49C4D8282843AC0E40F
  Appellants granted four weeks to file rejoinder · Matters listed on 04 November 2024
  Appeal: Appeal Nos. 13, 14, 219, 220, 221, 222, 223 and 224 of 2024; order dated 27 August 2024 granted time for rejoinder and listed matters on 04 November 2024
• SAT matter SATV-0C983CC157202584A931CB9D
  Order reserved for delivery on 30 September 2022 · All concerned parties directed to act on the digitally signed copy
  Appeal: Appeal Nos. 604, 605, 606, 607 and 608 of 2022 were heard; order reserved on 27 September 2022 for delivery on 30 September 2022
• SAT matter SATV-071B63A2C82090A7600266AB
  Matters listed for hearing on 24 July 2026 at 2:30 P.M.
  Appeal: Appeal Nos. 13, 14, and 219 to 224 of 2024 were listed before SAT on 7 May 2026; next hearing fixed for 24 July 2026.
• SAT matter SATV-16FE24830F1AB5A72CA47EFD
  Respondent to file reply on the miscellaneous application and appeal within three weeks from 13 February 2024 · Appellants may file rejoinder within three weeks thereafter
  Appeal: Appeal No. 102 of 2024; admission hearing scheduled for 3 April 2024; no disposal recorded
• SAT matter SATV-2E62674BDAB2C3E244B0BD1C
  The matters were adjourned at the appellants' request. · List the appeals on 7 May 2026.
  Appeal: Appeal Nos. 13, 14, 219, 220, 221, 222, 223 and 224 of 2024 were listed before SAT on 25 February 2026; adjourned to 7 May 2026. No disposal on merits.
• SAT matter SATV-288FBC04F8E7121814B8CA04
  By consent, all matters were adjourned to 22 August 2024.
  Appeal: Appeal Nos. 646 of 2023, 689 of 2023, 873 of 2023, 922 of 2023 and 102 of 2024 were listed; by consent, call on 22 August 2024.
• SAT matter SATV-3395515CCE29FCC2C3C696D8
  By consent, all matters were directed to be listed on 8 July 2025.
  Appeal: Appeal Nos. 13, 14, 219, 220, 221, 222, 223 and 224 of 2024 were pending and adjourned by consent to 8 July 2025; no disposal on merits stated.
• SAT matter SATV-5230AD08434AE9F1AC960580
  Directions at para 183(1) and 183(2) in Appeal No. 922 of 2023 set aside and remitted to SEBI for fresh order · Directions at para 183(2) and 184 in Appeal No. 102 of 2024 set aside and remitted to SEBI for fresh order
  Appeal: Review Application No. 36 of 2024 disposed of on 17 December 2024 modifying Tribunal order dated 24 October 2024 in Appeal Nos. 922 of 2023 and 102 of 2024
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading announcement that issue was fully subscribed.
  AO penalty of Rs. 10.25 crores on Texmo Pipes under Section 15HA SEBI Act and Section 23E SCRA under challenge in Appeal No.608 of 2022 · AO penalty of Rs.20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Section 15HA under challenge
• SAT matter SATV-3AB1DB43D4247BF68EA5B413
  No merits decided; matter adjourned on appellant counsel request · Listed next on May 07, 2026
  Appeal: Appeal Nos. 13, 14, 219, 220, 221, 222, 223, 224 of 2024 pending before SAT; adjourned to 07.05.2026
• Manipulation of Gokul Solutions Limited (GSL) scrip by promoters/directors via holding positions and providing funds to entity which traded in scrip.
  Sanjay Kumar Agrawal and Sunita Agrawal to deposit Rs. 2.50 lakh each with SEBI; if deposited balance not recovered during pendency · No interim relief to Aryavrat Suppliers Private Limited at this stage as its trades are impugned
  Appeal: Appeal Nos. 13 of 2024 and 14 of 2024 pending before SAT; interim order dated 29.01.2024; next listing 02 April 2024
• SAT matter SATV-B8A35CD3A03EE091E7BC3EF7
  Not on Board; Call / listed on December 16, 2024
  Appeal: Review Application No. 36 of 2024 in Appeal No. 922 of 2023 and Appeal No. 102 of 2024; adjourned to 16 December 2024 with no disposal on 11.12.2024
• Manipulation of Gokul Solutions Ltd scrip by promoters/directors by providing funds to an entity which traded in the scrip.
  Restrained from accessing securities market for 6 months from impugned order date · Penalty of Rs 5 lakh each imposed under Section 15HA of SEBI Act
  Appeal: Appeal Nos. 13 of 2024 and 14 of 2024 pending before SAT; interim relief partly granted on 29.01.2024, listed for final disposal on April 2, 2024
• SAT matter SATV-E9B035710D2495679E2F5A63
  By consent, matter to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023, 102/2024 pending; adjourned to 22.08.2024 by consent
• SAT matter SATV-4426C1BA11C279D6FC972D34
  Appeal No. 102 of 2024 to be connected with Appeal No. 922 of 2023 · Rejoinder, if any, to be filed within three weeks from 3 April 2024
  Appeal: Appeal No. 102 of 2024; connected with Appeal No. 922 of 2023; listed for further hearing on 20 June 2024
• SAT matter SATV-EE839CAD75766B31F18EE53F
  Respondent SEBI granted one week additional time to file reply · Appellants granted three weeks thereafter to file rejoinder
  Appeal: Appeal Nos. 13 and 14 of 2024 pending before SAT; adjourned to June 24, 2024 for pleadings
• SAT matter SATV-FC1004B0CF6784F68868FD1C
  By consent, call on August 22, 2024
  Appeal: Appeal Nos. 646 of 2023, 689 of 2023, 873 of 2023, 922 of 2023 and 102 of 2024 pending before SAT; adjourned to 22.08.2024
• SAT matter SATV-6924F7CAAC2EA416431BFAC2
  Adjournment sought by appellants was allowed by consent · Matters listed on 25 February 2026
  Appeal: Appeal Nos. 13, 14, 219, 220, 221, 222, 223 and 224 of 2024 were adjourned on 7 January 2026; next listing on 25 February 2026
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement.
  AO penalties recorded: Rs 10.25 cr on Company; Rs 20 lakh each on Agrawal and Pappu; Rs 10 lakh on Badera; Rs 2 lakh on Jain · Tribunal observed non-disclosure of pledge/loan agreements was fraudulent and misleading; final SAT operative part truncated beyond para 17
  Appeal: Appeal Nos. 604, 605, 606, 607, 608 of 2022 with Misc. Applications 782-786 of 2022; reserved 27.09.2022, date of decision 30.09.2022 against AO order dated 28.06.2022
• SAT matter SATV-9B0B2845A3A8DC4CE7569AB4
  Heard counsel for parties; order reserved to be delivered on September 30, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal Nos. 604-608 of 2022 with Misc. Applications 782-786 of 2022 heard on 27.09.2022; order reserved for 30.09.2022, not disposed
• SAT matter SATV-ACBAD5A821DB2CE4FB2ED5BD
  By consent, matters to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending before SAT; adjourned to 22.08.2024, not disposed
• GDR issue proceeds remittance matter against Texmo Pipes; specific charges per 28 Feb 2023 CGM order not detailed in remand order
  Impugned order in Appeal No. 922 of 2023 set aside and remitted to SEBI for fresh order after considering additional documents · Impugned order in Appeal No. 102 of 2024 also set aside and remitted to SEBI as outcome of 922/2023 will have bearing
  Appeal: Misc. Application No. 1341 of 2023 with Appeal No. 922 of 2023 and Appeal No. 102 of 2024 disposed on 24 October 2024 by setting aside and remand
• SAT matter SATV-AAC48E394249BE49A2AFC35E
  By consent, matter to be called on August 22, 2024
  Appeal: Appeal Nos. 646/2023, 689/2023, 873/2023, 922/2023 and 102/2024 pending before SAT; adjourned by consent to 22.08.2024
• Fraudulent GDR scheme where GDR proceeds pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading announcement that issue was fully subscribed.
  AO penalty of Rs.10.25 crore on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · AO penalty of Rs.20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos.604,605,606,607,608 of 2022 with Misc Applications 782-786 of 2022 against AO order dated June 28, 2022; SAT reserved 27.09.2022, decided 30.09.2022
• Fraudulent GDR scheme where GDR proceeds were pledged with EURAM Bank to fund sole subscriber Vintage FZE, with non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement.
  Rs 10.25 crores penalty on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · Rs 20 lakh penalty each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos 604,605,606,607,608 of 2022 with Misc Apps 782-786 of 2022 against AO order 28.06.2022; reserved 27.09.2022, decision 30.09.2022; final SAT disposal truncated
• Fraudulent GDR scheme: pledged GDR proceeds with EURAM Bank to fund sole subscriber Vintage FZE, non-disclosure of pledge/loan agreements and misleading fully-subscribed announcement violating SEBI Act, PFUTP and Listing Agreement.
  AO order Jun 28, 2022 imposed Rs 10.25 cr on Texmo Pipes under Sec 15HA SEBI Act and Sec 23E SCRA · AO imposed Rs 20 lakh each on Sanjay Kumar Agrawal and Vijay Prasad Pappu under Sec 15HA
  Appeal: Appeal Nos. 604, 605, 606, 607, 608 of 2022 with Misc. Applications 782-786 of 2022 against AO order Jun 28, 2022; reserved Sep 27, 2022, decision Sep 30, 2022