Mumbai SEZ Ltd.
Penalties and directions recorded
- 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
- Parties to contact Registrar 48 hours before fixed date to confirm video conferencing 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-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-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-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-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-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-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-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-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-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-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-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-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-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
- 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
- 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
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 — Mumbai SEZ 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.