Mr. Sudhir B. Sethi

3 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Penalty of Rs. 25 lakhs imposed jointly and severally upheld.

SAT-appeal

SAT matter SATV-33E32A2CD428E390EA4F004A
Appeal allowed to be withdrawn with liberty to file fresh appeal · Fresh appeal court fees permitted to be adjusted against court fees paid on present appeal
Appeal: Appeal No. 304 of 2017 disposed on 06.11.2017 as withdrawn with liberty to file fresh appeal
SAT matter SATV-409ABD21929CDDFA7CB39A6E
Appeal No. 393 of 2017 allowed to be withdrawn · No order as to costs
Appeal: Appeal No. 393 of 2017 withdrawn on 02.02.2018 with no order as to costs
Non-disclosure of acquisition of shares and failure to make the mandatory public announcement/open offer after crossing 25% of voting rights.
Appeal No. 138 of 2018 dismissed. · Penalty of Rs. 25 lakhs imposed jointly and severally upheld.
Appeal: Appeal No. 138 of 2018 dismissed on 02 March 2020; earlier Appeals Nos. 304 of 2017 and 393 of 2017 were withdrawn on 06 November 2017 and 02 February 2018 respectively.

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Source: SecMarx — Mr. Sudhir B. Sethi. 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.