Multigain Commodities Services Pvt. Ltd.
Penalties and directions recorded
- Impugned orders shall remain stayed.
- Interim orders continue until disposal under any settlement scheme.
- Impugned SEBI orders shall remain stayed
SAT-appeal
- The appeals concerned SEBI orders cancelling or suspending the appellants' commodity-broker licences/registrations; the underlying charge is not specified in the excerpt.Impugned orders shall remain stayed. · Appeals disposed of in terms of the B.N. Rathi order dated 12 December 2023.Appeal: Appeals Nos. 987, 989, 990 and 988 of 2023; 1-5, 65, 67, 91, 106, 119, 131, 173-176, 179-181, 209 and 257 of 2024 disposed of on 20 June 2024; impugned orders stayed.
- SAT matter SATV-2A73803DF7FA4595E5828796Miscellaneous Application No. 60 of 2024 was directed to be listed on 18 January 2024.Appeal: Miscellaneous Application No. 60 of 2024 in Appeal No. 989 of 2023 was mentioned on 17 January 2024 and directed to be listed on 18 January 2024; no disposal on merits.
- SAT matter SATV-35FA1948C928DCDEF46D99E5List for admission on January 5, 2024Appeal: Appeal Lodging No. 964 of 2023 with Misc. Application Nos. 1674, 1675 and 1676 of 2023 pending, listed for admission on January 5, 2024
- SEBI orders cancelling/suspending commodity brokers' registration/license - same issue as decided in B.N. RathiImpugned SEBI orders shall remain stayed · Appeals disposed in terms of B.N. Rathi order dated 12.12.2023Appeal: Appeal Nos. 987,989,990 of 2023, 988 of 2023, 1-5 of 2024, 65,67,91,106,119,131,173-176,179-181,209,257 of 2024 disposed on 20.06.2024 with stay of impugned orders
- SAT matter SATV-FF2F034CA68B202879B926D1List for admission on January 5, 2024Appeal: Appeal Lodging No. 964 of 2023 with Misc. Application Nos. 1674, 1675 and 1676 of 2023 pending; listed for admission on January 5, 2024
- SAT matter SATV-917C86614487484049A99434Misc. Application No. 60 of 2024 allowed · Necessary correction will be made in the recordsAppeal: Misc. Application No. 60 of 2024 in Appeal No. 989 of 2023 allowed on 18.01.2024
- SAT matter SATV-A999154BA23324ED1CE8BE35List for admission on January 5, 2024Appeal: Appeal Lodging No. 964 of 2023 with Misc. Application Nos. 1674, 1675 and 1676 of 2023 listed for admission on January 5, 2024
Source: SecMarx — Multigain Commodities Services Pvt. Ltd.. 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.