Mr. Shankarlal Agarwal
Penalties and directions recorded
- Adjudicating Officer imposed Rs.6 lakh penalty for PFUTP violations as per impugned order; SAT final operative disposal truncated in excerpt
SAT-appeal
- Promoter group allegedly manipulated GEE scrip by placing large unexecuted buy orders below LTP to create artificial buying depth and push price up; appellant contributed Rs.7.95 to LTP rise.Appeal: Appeal Nos. 67, 70 and 71 of 2013 against AO order dated 31 January 2013; heard 27.08.2013, decision 30.09.2013
- Alleged market manipulation in GEE Ltd scrip by placing large buy orders below LTP that remained unexecuted to create artificial buying depth and push price upwards.Adjudicating Officer imposed Rs.6 lakh penalty for PFUTP violations as per impugned order; SAT final operative disposal truncated in excerpt
- Promoter group allegedly manipulated GEE scrip by placing large unexecuted buy orders below LTP to create artificial buying depth and push price up; appellant contributed Rs.7.95 LTP rise.Appeal: Appeal Nos. 67, 70 and 71 of 2013 heard on 27.08.2013, decision on 30.09.2013
Source: SecMarx — Mr. Shankarlal Agarwal. 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.