Narender Kumar

SAT-appeal

• Alleged price manipulation through off-market transactions with connected group entities and benefiting by selling shares.
  Impugned Chief General Manager order dated 27 January 2023 and corrigendum dated 8 February 2023 quashed insofar as it related to the appellants. · Appeals Nos. 331 to 338 of 2023 allowed.
  Appeal: Appeal Nos. 331 to 338 of 2023 allowed by SAT on 25 April 2023.
• Off-market transactions with connected group entities and benefiting by selling shares, alleged price manipulation in Sulabh Engineers and Services Ltd violating PFUTP Regulations 3 and 4.
  CGM order quashed insofar as it relates to appellants · Appeal Nos. 331-338 of 2023 allowed
  Appeal: Appeal Nos. 331-338 of 2023 allowed by SAT order dated 25.04.2023; earlier appeal against WTM order allowed and remanded on 29.04.2022
• Alleged price manipulation through off-market transactions with connected group entities and benefiting by selling shares.
  Impugned order of the Chief General Manager dated 27 January 2023 and corrigendum dated 8 February 2023 quashed insofar as it related to the appellants. · Appeals allowed.
  Appeal: Appeal Nos. 331 to 338 of 2023 allowed by SAT on 25 April 2023.
• Alleged off-market transactions with connected group entities in Sulabh Engineers and Services Ltd to manipulate price and profit from sale of shares.
  CGM order quashed insofar as it relates to appellants · Appeal Nos.331-338 of 2023 allowed
  Appeal: Appeal Nos.331-338 of 2023 allowed by SAT order dated 25.04.2023
• Alleged off-market transactions with connected group entities and profitable sale constituting price manipulation in Sulabh Engineers and Services Ltd violating PFUTP Regs 3 and 4.
  Impugned CGM order quashed qua the appellants · Appeal Nos.331 to 338 of 2023 allowed
  Appeal: Appeal Nos.331 to 338 of 2023 allowed by SAT order dated 25.4.2023; impugned CGM order quashed
• Alleged price manipulation via off-market transactions with connected group entities and benefiting by selling shares in Sulabh Engineers and Services Ltd.
  Impugned CGM order quashed insofar as it relates to appellants · Appeals No.331 to 338 of 2023 allowed
  Appeal: Appeals No.331-338 of 2023 allowed and disposed by SAT order dated 25.4.2023