Mrs. Kajal Nimish Shah

SAT-appeal

• Alleged fraudulent and unfair trading, price manipulation, positive LTP contribution, and a concerted scheme to offload Timbor Home Ltd. shares by circulating unsolicited and misleading bulk SMS recommendations.
  Appeals Nos. 259, 260, 261 and 262 of 2022 dismissed on merits. · WTM directions restraining market access and disgorgement, and AO penalties, left undisturbed.
  Appeal: Appeal Nos. 259, 260, 261 and 262 of 2022 dismissed by SAT on 3 June 2022; delay in filing was condoned.
• 21 connected entities acted in concert to manipulate Timbor Home Ltd price and dump shares via unsolicited misleading bulk SMS inducing gullible investors.
  Delay in filing appeals condoned · Appeal Nos. 259, 261, 260, 262 of 2022 dismissed with no order as to costs
  Appeal: Appeal Nos. 259, 261, 260, 262 of 2022 dismissed on 3.6.2022; Misc. Applications Nos. 426-431 of 2022 disposed of
• 21 connected entities acted in concert in scheme to offload Timbor Home Ltd shares via misleading buy recommendations and price manipulation with positive LTP contribution.
  Delay condoned, Misc. Applications allowed · Appeal Nos. 259, 261, 260, 262 of 2022 dismissed with no order as to costs
  Appeal: Appeal Nos. 259, 261, 260, 262 of 2022 dismissed by SAT on 3.6.2022; Misc. Applications Nos. 426-431 of 2022 allowed/disposed
• 21 connected entities acted in concert to offload Timbor Home Ltd shares via unsolicited misleading buy advice; Nimish Pankajkumar Shah also indulged in price manipulation and positive LTP contribution.
  Delay in filing appeals condoned; misc. applications allowed · Appeal Nos. 259, 261, 260, 262 of 2022 dismissed with no order as to costs
  Appeal: Appeal Nos. 259, 261, 260, 262 of 2022 decided and dismissed on 3.6.2022