Sheetal Kadam

SAT-appeal

• Sheetal was alleged to have acted in concert in acquiring 33.02% of Axon Info Tech Ltd. without making a public announcement. Rajesh and Chandrakant were alleged to have participated in price manipulation of Voltaire and Banas Finance scrips.
  Delays in filing all appeals were condoned. · Impugned orders, insofar as they related to the appellants, were quashed.
  Appeal: Appeal Nos. 561, 1006, 1007 and 1008 of 2022 allowed by SAT on 19 December 2022; related miscellaneous applications also allowed.
• SAT matter SATV-287F291BB050F3FBAD818654
  Miscellaneous Applications Nos. 877 of 2022 and 114 of 2022 listed for 1 September 2022
  Appeal: Appeal Lodging No. 43 of 2019; order dated 22 August 2022 only adjourned/listed connected applications for 1 September 2022
• SAT matter SATV-24B701DB91A45B65A870827A
  Respondent to file reply within one week · List the matter on 19 October 2022
  Appeal: Appeal No. 561 of 2022 pending before SAT; reply directed and matter listed on 19 October 2022
• Sheetal was alleged to have acted in concert with others to acquire 33.02% of Axon Info Tech Ltd. without making the required public announcement. Rajesh and Chandrakant were alleged to have participated in manipulation of Voltaire and Banas scrips.
  Delays in filing Appeals Nos. 561, 1006, 1007 and 1008 of 2022 condoned · All appeals allowed
  Appeal: Appeal Nos. 561, 1006, 1007 and 1008 of 2022 allowed by SAT on 19 December 2022; filing delays of 1304, 1625 and 317 days respectively condoned
• SAT matter SATV-435FBBA72FF8BD3F05172C5C
  Heard counsel for parties and reserved order in Appeal No.561 of 2022 · Parties directed to act on digitally signed copy signed by Private Secretary on behalf of bench
  Appeal: Appeal No.561 of 2022 with Misc. Application No.995 of 2022 and Misc. Application No.996 of 2022 heard on 14.12.2022; order reserved
• Sheetal was alleged to have acted in concert in acquiring 33.02% of Axon Info Tech Ltd. without making a public announcement. Rajesh and Chandrakant were alleged to have participated in price manipulation in Banas Finance Ltd. and Voltaire Leasing and Finance Ltd.
  All appeals allowed · Impugned orders quashed insofar as they related to the appellants
  Appeal: Appeal Nos. 561, 1006, 1007 and 1008 of 2022 allowed on 19 December 2022; delays of 1304, 1625 and 317 days were condoned
• SAT matter SATV-3C243D910334CCF0D85A4FBE
  List Appeal No. 561 of 2022 on December 14, 2022 along with record of Appeal No. 110 of 2018
  Appeal: Appeal No. 561 of 2022 with Misc. Applications Nos. 995-996 of 2022 pending; next listing December 14, 2022
• SAT matter SATV-45E6166749E3C5D940621F1D
  Matter adjourned at appellant's request to engage new counsel · Listed on 30th November, 2022
  Appeal: Appeal No.561 of 2022 with Misc. Application Nos.995 and 996 of 2022 pending; adjourned to 30 November 2022
• SAT matter SATV-436ECFC833891D1569D038DE
  Respondent SEBI to file reply on whether summonses were duly served on appellant · Appellant to ensure pagination of paper book and memo of appeal correctly coordinated
  Appeal: Appeal No.561 of 2022 with Misc. Applications 995-996 of 2022 for condonation of 1304 days delay pending; reply awaited
• Sheetal alleged acting in concert to acquire 33.02% of Axon Info Tech without public announcement; Rajesh/Chandrakant alleged price manipulation in Voltaire Leasing and Banas Finance via off-market shares.
  Delay condoned in all appeals; Misc. Applications allowed · Impugned AO orders quashed qua appellants; all appeals allowed with no costs
  Appeal: Appeal Nos. 561/2022, 1006/2022, 1007/2022, 1008/2022 allowed by SAT order dated 19.12.2022; penalties quashed
• SAT matter SATV-AF79C062DB6F5A808891C412
  Put up matter on September 02, 2022 · Registry to calculate quantum of court fee payable by appellant
• SAT matter SATV-CB21E56A9F48F645F28FBAD8
  Adjourned on request of appellant's counsel · Listed for admission on November 17, 2022
  Appeal: Appeal No. 561 of 2022 with Misc. Applications Nos. 995-996 of 2022 pending; adjourned to November 17, 2022 for admission
• Violation of the PFUTP Regulations through fraudulent and unfair trade practices.
  Impugned SEBI Adjudicating Officer order dated 28 September 2012 set aside. · Matter restored for fresh decision on merits and in accordance with law.
  Appeal: Appeal No. 110 of 2018 disposed of on 10 April 2018; impugned order set aside and matter remanded for fresh decision.
• SAT matter SATV-5FB36E587C50127AC318BD7A
  Delay condoned · Appellant directed to pay court fee of Rs. 7,200
  Appeal: Appeal Lodging No. 43 of 2019; delay condoned on 2 September 2022; listed for 12 September 2022