Mr. Shanti Lal Baid

SAT-appeal

• Suppression of material facts from investors in the IPO and misuse of IPO proceeds, violating the ICDR and PFUTP Regulations.
  Appeals Nos. 514, 532, 533 and 534 of 2015 dismissed as infructuous. · WTM finding of violations of the ICDR and PFUTP Regulations upheld.
  Appeal: Appeal Nos. 514, 532, 533 and 534 of 2015 dismissed as infructuous on 26 July 2016; common WTM order dated 19 December 2014 otherwise upheld.
• Suppressing material facts from investors in IPO violating ICDR Regulations and misutilizing IPO proceeds violating PFUTP Regulations
  Upheld WTM finding that appellants violated ICDR and PFUTP Regulations per Appeal No.404/2014 · Declined to decide validity of two additional charges as debarment already undergone
  Appeal: Appeal Nos.514, 532, 533, 534 of 2015 dismissed as infructuous on 26.07.2016; related Appeal No.404 of 2014 decided 26.07.2016
• Suppressing material facts from investors in IPO violating ICDR Regulations and misutilising IPO proceeds violating PFUTP Regulations.
  Upheld WTM finding that appellants violated ICDR and PFUTP Regulations for reasons in Appeal No. 404 of 2014 · Disposed of Appeal Nos. 514, 532, 533, 534 of 2015 as infructuous as 4-year debarment already undergone
  Appeal: Appeal Nos. 514, 532, 533, 534 of 2015 (reserved 14.07.2016) dismissed as infructuous on 26.07.2016; companion Appeal No. 404 of 2014 decided 26.07.2016
• Suppressing material facts from investors in IPO violating ICDR Regulations and misutilizing IPO proceeds violating PFUTP Regulations.
  Upheld WTM finding that appellants violated ICDR and PFUTP Regulations · Dismissed Appeal Nos. 514, 532, 533, 534 of 2015 as infructuous as 4-year debarment already undergone
  Appeal: Appeal Nos. 514, 532, 533 and 534 of 2015 disposed on 26.07.2016 as dismissed as infructuous