Mukesh Shah

SAT-appeal

• Failure to provide information/documents to investigating authority despite notice; fraudulently creating artificial volume and liquidity in scrip of a company.
  Delay condoned; Misc. Application Nos. 484 and 486 of 2019 allowed · Appeal Nos. 401 and 402 of 2019 dismissed on merits; AO penalties upheld
  Appeal: Appeal Nos. 401 and 402 of 2019 filed with delay, condoned and dismissed on 21.01.2020
• Failure to provide information/documents to SEBI's investigating authority despite notice; fraudulently creating artificial volume and liquidity in a company's scrip.
  Delay of 3349 days in Appeal No. 401 of 2019 condoned. · Delay of 3154 days in Appeal No. 402 of 2019 condoned.
  Appeal: Appeal Nos. 401 and 402 of 2019 dismissed by SAT on 21 January 2020; Misc. Applications Nos. 484 and 486 allowed for condonation of delay, and Misc. Applications Nos. 485 and 487 seeking stay rejected.