Mukesh D. Ambani
Penalties and directions recorded
- Matters listed for 8 August 2022
- Matters listed for 16 June 2023
- Appeal No. 87 of 2021 by Reliance Industries Limited dismissed; no interference with the penalty order as against RIL.
- Parties directed to take instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
- Parties to take instructions from the Registrar 48 hours before the listed date regarding video or physical hearing
SAT-appeal
- SAT matter SATV-02FD52BD2CE8EB77250FF7F5Matter adjourned on the respondent's request · List the appeals on 15 November 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021; adjourned on 19 September 2022 and listed for 15 November 2022
- SAT matter SATV-07904DC9FDE6362C50AAA6B9Appeals adjourned on the appellants' request · Matters listed for 8 August 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were adjourned on 7 July 2022 and listed for 8 August 2022.
- SAT matter SATV-11598B51D4B68BB066D84D24Appeals adjourned on the appellants' request · Listed for 08 August 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were adjourned on 07 July 2022 and listed for 08 August 2022; no disposal on merits stated.
- SAT matter SATV-0B2EFA04033D461D180E654FAppeals adjourned on the request of the appellants · Matters listed for 16 June 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were adjourned on 17 April 2023 and listed for 16 June 2023; no final disposal stated.
- Alleged fraudulent and manipulative trading in Reliance Petroleum Limited shares and November 2007 futures to depress the settlement price and earn undue profits; Mukesh Ambani was alleged to be vicariously liable and Navi Mumbai SEZ/Mumbai SEZ allegedly financed the scheme.Appeal No. 87 of 2021 by Reliance Industries Limited dismissed; no interference with the penalty order as against RIL. · The Tribunal considered appeals by Mukesh Ambani, Navi Mumbai SEZ Pvt. Ltd. and Mumbai SEZ Ltd.; the provided text ends before their final dispositions.Appeal: SAT Appeals Nos. 87, 88, 89 and 90 of 2021; decision dated 4 December 2023. RIL's appeal was not interfered with. Civil Appeal No. 4015 of 2020 against SAT Appeal No. 120 of 2017 was pending before the Supreme Court.
- SAT matter SATV-1F8152A9A528C9A7AA2B6D51Adjourned for the day · Listed on 26 April 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were adjourned on 24 March 2021 and listed for 26 April 2021; no disposal on merits stated
- SAT matter SATV-22EB6B44106E28748671AFB2Adjourned for the day · List Appeals Nos. 87-90 of 2021 on 26 April 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were adjourned on 24 March 2021 and listed on 26 April 2021; no final disposal stated
- SAT matter SATV-2646D34BA1099C50B88EA587Appeals adjourned on the appellants' request · Matter listed for 5 May 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021; order dated 21 March 2022 adjourned the matters to 5 May 2022; no disposal on merits mentioned
- SAT matter SATV-3298CDDF03B5D0A728458309Matter adjourned on the appellants' request · Appeals listed on 7 July 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021; order dated 5 May 2022 adjourned the matters and listed them on 7 July 2022
- SAT matter SATV-3DA016A17304F9706BD8F60BAdjourned on the request of the appellants · List on May 05, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on appellants' request on 21.03.2022; listed on May 05, 2022
- SAT matter SATV-4172E56EED2157F7BF094FA3Adjourned on request of learned counsel for the appellants · Matter listed on January 16, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned and listed on January 16, 2023
- SAT matter SATV-542E8CA9AAF6636583240619Adjourned on request of the appellant · List on 21st March, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to 21 March 2022 vide order dated 21.1.2022
- SAT matter SATV-3C11F354D8E37D8FC567F05CList Appeal Nos. 87, 88, 89 and 90 of 2021 for further hearing on October 6, 2023 instead of October 4, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to 06.10.2023 for further hearing
- SAT matter SATV-47E40F797FA41196C94AC98DAdjourned on request of Appellants in Appeal Nos. 87-90 of 2021 · List on January 21, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned vide order dated 18.11.2021 on Appellants' request; next listed on 21.01.2022; not finally disposed
- SAT matter SATV-5C6D9545D99CB291046CE857Matters adjourned and listed on 09.10.2023 for continuation of respondent argumentsAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; respondent arguments continuing as on 06.10.2023
- SAT matter SATV-66573EB2AC6E9F52FBC152E7Heard learned counsel for parties; Order reserved · Written submission, if any, may be filed within two weeksAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 heard together; order reserved on 11.10.2023
- SAT matter SATV-65D9751432871E1C61974241Put up on September 26, 2023 for further hearingAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending; arguments continuing on 25.09.2023
- SAT matter SATV-66017FB5E40B086B4CC289A5Three weeks time allowed to the appellant to file rejoinder · List on September 17, 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to September 17, 2021 for rejoinder
- SAT matter SATV-6A4DC30A144D38A8739C7EDCAdjourned on request of appellants' counsel, list on April 17, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 24.02.2023, next listed on April 17, 2023
- SAT matter SATV-7471BE9CAF9FCB48F4C663E0Respondent SEBI to file reply within four weeks; appellants to file rejoinder four weeks thereafter · Matter listed for admission and final disposal on July 29, 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; on 26.04.2021 adjourned for admission and final disposal on 29.07.2021
- SAT matter SATV-7890944D5E11FD7076BD8E4AAdjourned on request of learned counsel for the appellant · Matter listed on February 24, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 16.01.2023; next listing February 24, 2023
- SAT matter SATV-835FA05A6D92CB168571A965Adjourned at appellant request and listed on April 26, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearingAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to April 26, 2021
- SAT matter SATV-9E17C4B3289DDD6DCCDC39C7Adjourned on request of the appellantsAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 21.03.2022 to May 05, 2022
- SAT matter SATV-9E4F3C7D9F5D668A8ADBA4CFAdjourned on request of the appellants · List on May 05, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned vide order dated 21.03.2022 to May 05, 2022
- SAT matter SATV-AC007467622A89FEDE65017AHeard learned senior counsel for respondent SEBI; listed for arguments in rejoinder on October 11, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; respondent heard on 09.10.2023, rejoinder on 11.10.2023
- SAT matter SATV-A38DF3A44DBA5415A55077A3Adjourned on request of learned counsel for appellants · Matter listed on April 17, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 24.02.2023, listed on April 17, 2023
- SAT matter SATV-AEFC22172AFCC08706724AFDThree weeks time allowed to appellant to file rejoinder · List matter on September 17, 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to September 17, 2021
- SAT matter SATV-A9306EFC2C2C9249366F61A4Arguments of the appellants completed · Listed on October 04, 2023 for arguments of the respondentAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending; appellants arguments completed on 27.09.2023, next hearing on 04.10.2023
- SAT matter SATV-A50C435A7FB29D37010B92C2Respondent SEBI allowed four weeks to file reply · Appellants allowed four weeks thereafter to file rejoinderAppeal: Appeal Nos. 87, 88, 89, 90 of 2021 pending; reply/rejoinder stage; listed for admission and final disposal on 29.07.2021
- SAT matter SATV-B87678BBBD3B56508EFC3C6EOrder reserved after hearing learned counsel for parties · Written submissions, if any, may be filed within two weeksAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 heard on 11.10.2023; order reserved, not finally disposed
- SAT matter SATV-D04A7ECCDDD1B51F282DD33CAdjourned on request of appellant in Appeal Nos. 87-90 of 2021 · Parties to contact Registrar 48 hours before fixed date to ascertain video vs physical hearingAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 21.1.2022 on appellant request; listed on 21 March 2022 - pending, not disposed
- SAT matter SATV-CD132DD0E32AF17095CF6A30Three weeks further time allowed to appellant to file rejoinder · List matters on 18 November 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to 18 November 2021
- SAT matter SATV-D460A6A6ABAB9D981F7A919AAdjourned on request of the appellants · List on August 08, 2022
- SAT matter SATV-E436A60D7D5BF27FA912CCE7Adjourned on request of the appellant · List on 28 August 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 28 July 2023; next listed 28 August 2023; no disposal on merits
- SAT matter SATV-DB017E04475ED4889C587B7AArguments continuing; matters put up on September 27, 2023 for further argumentsAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; arguments continuing as on 26.09.2023
- SAT matter SATV-DCED9A8C6AB2AF12344015B9Adjourned at appellants' request; listed on April 26, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearingAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 24.03.2021 and listed on 26.04.2021; no final disposal
- SAT matter SATV-D54AA9581CBD4CEFA022C41BHearing begun; matters put up on September 25, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; hearing begun on 21.09.2023, next date 25.09.2023
- SAT matter SATV-E32DB11FF3F5A2B83625A9A6Three weeks further time allowed to appellant to file rejoinder · Matter listed on 18 November 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned to 18 November 2021 for rejoinder
- SAT matter SATV-F66E8E203590A348280CDDE1Arguments continuing; matters put up on September 27, 2023 for further argumentsAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; arguments still continuing on 26.09.2023; listed next on 27.09.2023; no disposal on merits
- SAT matter SATV-EA40FBF9222F6D30B01D6AD8Three weeks time allowed to the appellant to file rejoinder · List the four appeals on September 17, 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending; rejoinder allowed, next listed on 17 September 2021
- SAT matter SATV-F73957A1499688100C00A198Arguments of appellants completed; listed on October 04, 2023 for arguments of respondentAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending; appellants arguments completed on 27.09.2023, next date 04.10.2023 for respondent arguments
- SAT matter SATV-F888A2AA312408E79162B264Three weeks further time allowed to appellant to file rejoinder · Matter listed on 18th November 2021Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned and listed on 18 November 2021
- SAT matter SATV-FA3BDFA949F24D85BE651AD8List for final disposal on September 21, 2023 as agreed between parties · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; vide order dated 28.08.2023 listed for final disposal on September 21, 2023
- SAT matter SATV-F190A11187E3C9A943E5815EArguments of the appellants recorded as completed · Listed on October 04, 2023 for arguments of the respondent SEBIAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; appellants arguments completed on 27.09.2023, next date 04.10.2023 for SEBI arguments
- SAT matter SATV-F72CAFB81C5E3618328A8789Adjourned on request of learned counsel for appellants · List on April 17, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 24.02.2023 at appellants' request; listed on April 17, 2023
- SAT matter SATV-FE8C5C3DFB95835B9C6A8422Appeal Nos. 87-90 of 2021 stood over to September 19, 2022 at request of appellants counsel · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual chargesAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT Mumbai; adjourned to September 19, 2022 vide order dated 08.08.2022
- SAT matter SATV-F48CC2E7D5F224BE4796ADD8Adjourned on request of appellants · List on August 08, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 07.07.2022; next listing August 08, 2022
- SAT matter SATV-605F169F6DD2B1835445B39CArguments of the appellants completed · Matter listed for respondent's argumentsAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were pending; appellants' arguments completed and respondent's arguments listed for 4 October 2023
- SAT matter SATV-6991EE2BF2A52EF0A746D8CBHearing commenced; matters directed to be listed on 25 September 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 were listed before SAT on 21 September 2023; hearing commenced and matters were adjourned to 25 September 2023
- SAT matter SATV-53FE89DF8E9FBAAB81194207Arguments continuing; matters listed for further arguments on September 27, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; arguments continuing, next hearing September 27, 2023
- Fraudulent and manipulative trading in Reliance Petroleum Ltd scrip by selling RPL shares in cash segment to depress November 2007 futures settlement price while holding short positions via agents for undue gains.SAT held Appeal No.87 of 2021 (RIL) covered by SAT judgment 05.11.2020 in Appeal No.120/2017 - no interference with AO order against RILAppeal: Civil Appeal No.4015 of 2020 filed by RIL against SAT order 05.11.2020 in Appeal No.120/2017 pending before Supreme Court; SAT Appeal Nos.87-90 of 2021 decided 04.12.2023
- SAT matter SATV-8E8F08EE956F0682F4585211Adjourned on request of the Appellants · List on January 21, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on request of Appellants and listed on January 21, 2022
- Fraudulent and manipulative trading in RPL shares to earn undue profits by depressing November 2007 futures settlement price.SAT upheld AO penalty against RIL in Appeal No.87 of 2021 as covered by Tribunal decision of November 05, 2020 · AO penalties: Rs 25 cr on RIL, Rs 15 cr on Mukesh Ambani, Rs 20 cr on Navi Mumbai SEZ, Rs 10 cr on Mumbai SEZAppeal: Civil Appeal No.4015 of 2020 by RIL against SAT order November 05, 2020 pending before Supreme Court
- SAT matter SATV-AC5D1AC33A9E0DD29F7C550DAdjourned on request of appellants · List on 21st March, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending; adjourned on 21.1.2022, next listed on 21 March 2022
- SAT matter SATV-B617E1C931B10D054C96ED23Adjourned on request of respondent SEBI · List on 15th November, 2022Appeal: Appeal Nos. 87, 88, 89, 90 of 2021 adjourned on 19.9.2022; next listing 15 November 2022
- SAT matter SATV-BCB2F6ADF2C434D5410BC33DAdjourned on request of the Appellants · List on January 21, 2022
- SAT matter SATV-B6B78BBC1168D226802B39B5Adjourned on the request of the appellant · List on 21st March, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned on 21.1.2022 to 21 March 2022, no disposal
- SAT matter SATV-D64D96B98E7484316AC8AF49Adjourned on the request of the Appellants · List matters on January 21, 2022Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 adjourned on 18.11.2021; next listing January 21, 2022
- SAT matter SATV-D094B0BBFA6D44F7B7C61A62Three weeks further time allowed to appellant to file rejoinder · List matters on 18 November 2021Appeal: Appeal Nos. 87-90 of 2021 pending before SAT; rejoinder stage, next listed 18 November 2021
- RIL with 12 agents manipulated RPL November 2007 futures settlement via cash sales including dumping in last 10 mins on 29.11.2007 for undue profit violating Sec 12A and PFUTP Regs 3-4.SAT upheld AO order for RIL in Appeal No.87/2021 as covered by SAT 05.11.2020 decision · AO penalties under Sec 15HA: Rs.25cr RIL, Rs.15cr Ambani, Rs.20cr NMSEZ, Rs.10cr MSEZAppeal: Appeal No.120/2017 dismissed by SAT 05.11.2020 by 2:1; Civil Appeal No.4015/2020 by RIL pending before Supreme Court; present Appeals 87-90/2021 decided 04.12.2023
- SAT matter SATV-DFF985D12CDD439128136797Respondent SEBI to file reply within four weeks · Appellants to file rejoinder within four weeks thereafterAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; adjourned for admission and final disposal on 29 July 2021
- SAT matter SATV-DB2D936B37996ABE74117857Respondent SEBI to file reply within four weeks from 26.04.2021 · Appellants to file rejoinder within four weeks thereafterAppeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending at pleadings stage; next date July 29, 2021 for admission and final disposal
- Promoters plus PAC collectively acquired 6.83% in RIL on 7 Jan 2000 via warrant conversion, taking holding 22.17% to 38.33%, exceeding 5% threshold without public announcement under Reg 11(1).AO imposed Rs.25 crores penalty jointly and severally for violation of Regulation 11(1) SAST Regulations (impugned before SAT)Appeal: Appeal No.748 of 2021, hearing 20.02.2023, decision 28.07.2023 before SAT Mumbai
- SAT matter SATV-F269A8585DB540E3144362F9Adjourned on request of learned counsel for appellant · List on July 28, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT, adjourned on 16.06.2023 to July 28, 2023
- SAT matter SATV-F210EF4D07E9D22DCEE6F6BFHearing begun; matters put up on September 25, 2023Appeal: Appeal Nos. 87, 88, 89 and 90 of 2021 pending before SAT; hearing begun on 21.09.2023, next listed on 25.09.2023
Other
- SAT matter SATV-C2CFC9F8E54D41F178456B54Three weeks time allowed to the appellants to file rejoinder · List matters on September 17, 2021Appeal: Appeal Nos. 87, 88, 89, 90 of 2021 pending before SAT; order dated 29.07.2021 grants rejoinder time, next listing September 17, 2021, no final disposal
Source: SecMarx — Mukesh D. Ambani. 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.