Nikita Shankar

SAT-appeal

• SAT matter SATV-223FE64F58AEF0D1A01860E8
  Adjourned for the day · Matters listed for hearing on 03 March 2021
  Appeal: Appeal Nos. 371 of 2017, 37 of 2018, 38 of 2018 and 197 of 2018 were pending; connected review applications and miscellaneous applications were adjourned for the day.
• SAT matter SATV-3335BC89FF3145D965D10C24
  Adjourned for the day · Matters listed for hearing on 03 March 2021
  Appeal: Appeals 371 of 2017, 37 of 2018, 38 of 2018 and 197 of 2018 were adjourned; listed for 03 March 2021. No disposal on merits.
• SAT matter SATV-5F47A93CB93229DDC5999805
  Adjourned on appellants' request and listed on March 03, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video conference vs physical hearing
  Appeal: Misc. Application Nos. 653-656 of 2019 and Review Application Nos. 23-26 of 2019 in Appeal Nos. 371/2017, 37/2018, 38/2018, 197/2018 pending; adjourned to 03 March 2021, no disposal on merits
• Stock broker Kassa diverted/siphoned client funds/securities to group entities and illegally collected ~Rs 55 cr as loans promising assured returns acting as unregistered portfolio manager.
  Impugned WTM order: all appellants restrained from accessing securities market directly/indirectly for 10 years · Four appellants excluding Manoj Kumar Agrawal directed jointly/severally to refund investor/client money with 15% p.a. interest from due date till payment
  Appeal: Appeal Nos. 371/2017, 37/2018, 346/2017, 38/2018, 197/2018 with Misc. Applications 01/2019, 2/2019, 426/2018 heard together, reserved 03.07.2019, decided 26.09.2019
• Diversion/siphoning of client/investor funds and securities to group entities, collecting money promising assured returns without PMS registration, misutilisation and non-segregation of funds.
  All appellants restrained from accessing securities market directly/indirectly for 10 years per WTM order · Four appellants excluding Manoj Kumar Agrawal directed to refund investors/clients money with 15% p.a. interest from due date till payment
  Appeal: 5 SAT Appeals No.371/2017, 346/2017, 197/2018, 37/2018, 38/2018 heard together; Order Reserved 03.07.2019, Date of Decision 26.09.2019
• Diversion/siphoning of client funds and securities to group entities and collecting loans promising assured returns without PMS/broker authorisation.
  Restrain all appellants from accessing securities market directly or indirectly for 10 years · Four appellants excluding Manoj Kumar Agrawal to jointly refund investors/clients money with 15% p.a. interest
  Appeal: Appeal Nos 371/2017, 346/2017, 37/2018, 38/2018, 197/2018 disposed by common decision dated 26.09.2019
• Diversion/siphoning of client/investor funds and securities to group entities and collecting ~Rs 55 cr promising assured returns without PMS registration.
  Restrained all appellants from accessing securities market directly or indirectly for 10 years · Four appellants (excluding Manoj Kumar Agrawal) directed to refund investors/clients money with 15% p.a. interest till payment
  Appeal: Appeal Nos. 371/2017, 37/2018, 346/2017, 38/2018, 197/2018 against WTM order 05.09.2017, reserved 03.07.2019, decided 26.09.2019
• Diversion/siphoning of client/investor funds and securities to group entities and collecting funds promising assured returns without PMS registration.
  Restrained from accessing securities market directly/indirectly for 10 years · Four appellants excluding Manoj Kumar Agrawal jointly/severally to refund investors/clients money with 15% p.a. interest
  Appeal: Appeal Nos 371/2017, 346/2017, 37/2018, 38/2018, 197/2018 against WTM order 05 Sep 2017; reserved 03 Jul 2019, decided 26 Sep 2019
• SAT matter SATV-E77684097C4B17FD7069BA7E
  Adjourned on request of counsel for appellants and listed on March 03, 2021 · Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
  Appeal: Misc. Appl. Nos. 653-656 of 2019 and Review Appl. Nos. 23-26 of 2019 in Appeal Nos. 371/2017, 37/2018, 38/2018, 197/2018 adjourned to 03.03.2021, order dated 05.02.2021