Mrs. Asha Shreekant Javalgekar

SAT-appeal

• Allegedly traded as insiders in Multi-Commodity Exchange of India Ltd / 63 Moons Technologies Ltd shares while in possession of UPSI, collectively averting loss of Rs 79.50 lakhs.
  Permit redemption of ICICI Prudential mutual fund units and credit to Axis Bank salary account · Create Rs 80 lakhs fixed deposit in joint names with lien marked in favour of SEBI
  Appeal: Appeal Nos. 184, 185, 186 and 187 of 2017 disposed of by SAT order dated 16 August 2017
• SAT matter SATV-6776120CE1666AD0DD365887
  Misc. Applications No. 365 and 366 of 2021 allowed; name of deceased respondent Mrs. Asha Shreekant Javalgekar deleted · Appellants to carry out necessary corrections in array of parties
  Appeal: Appeal Nos. 256 and 257 of 2018 pending; Misc. Applications Nos. 365-366 of 2021 allowed on 22.04.2021; next listing 13 May 2021 for admission and final disposal
• SAT matter SATV-88C24AE356A7865158131612
  Misc. Applications allowed; name of deceased respondent Mrs. Asha Shreekant Javalgekar deleted from array in both appeals · Appellants to carry out necessary corrections in array of parties
  Appeal: Misc. Application No. 365 of 2021 in Appeal No. 256 of 2018 and Misc. Application No. 366 of 2021 in Appeal No. 257 of 2018 pending; listed for admission and final disposal on May 13, 2021
• Alleged insiders sold shares of MCX/63 Moons Technologies Ltd while in possession of UPSI, collectively averting loss of Rs 79.50 lakhs.
  Permit redemption of ICICI Prudential MF units and credit proceeds to Axis Bank salary account · Create Rs 80 lakhs Fixed Deposit in joint names with lien marked in favour of SEBI
  Appeal: Appeals No.184,185,186,187 of 2017 disposed of by SAT order dated 16.8.2017
• Alleged insider trading in Multi-Commodity Exchange of India Ltd / 63 Moons Technologies Ltd shares while in possession of UPSI, collectively averting loss of Rs 79.50 lakhs.
  Permit redemption of ICICI Prudential mutual fund units and creation of Rs 80 lakhs FD with lien in favour of SEBI · Ex-parte asset-freeze / bank-debit directions not to survive upon securing alleged loss averted
  Appeal: Appeal Nos. 184, 185, 186 and 187 of 2017 disposed of on 16 August 2017 with no order as to costs
• SEBI prima facie alleged that the appellants were insiders who sold shares of MCX/63 Moons Technologies while in possession of UPSI, collectively averting a loss of Rs.79.50 lakh.
  Permitted redemption of specified ICICI Prudential Mutual Fund units. · Directed creation of an Rs.80 lakh fixed deposit in the appellants' joint names with a lien in favour of SEBI.
  Appeal: Appeal Nos. 184, 185, 186 and 187 of 2017 disposed of by SAT on 16 August 2017.