Nikunj Dhanuka

SAT-appeal

• SAT matter SATV-0A88E235D7BBB2293B3350FC
  Delay of 185 days in filing Nikunj Dhanuka's appeal condoned · Applicants/appellants permitted to withdraw the miscellaneous applications and appeals
  Appeal: Appeal Nos. 499 to 504 of 2015 and Appeal No. 01 of 2016 disposed of on 15 March 2016, with liberty to withdraw and file fresh appeals
• SAT matter SATV-1A37780D9C7008EAEC96E032
  Applicants/appellants permitted to withdraw the miscellaneous applications and appeals · Liberty granted to file fresh appeals incorporating additional grounds and documents
  Appeal: Appeal Nos. 499 to 504 of 2015 and Appeal No. 01 of 2016 disposed of on 15 March 2016 with liberty to file fresh appeals; delay of 185 days in Appeal No. 01 of 2016 condoned
• Alleged participation in a scheme involving preferential allotments, artificial price and volume manipulation, off-market transfers and dumping of Pine Animation Limited shares to generate fictitious LTCG.
  Common WTM order restraining appellants and six entities from accessing the securities market for five years · Shares and mutual fund units in demat accounts frozen for five years
  Appeal: Appeal Nos. 102, 44, 85, 178-181, 235, 246, 247, 571-573, 575 and 581 of 2020; delays condoned where applicable. Decision dated 08 June 2021; merits outcome not included in supplied text.
• Alleged participation in a scheme involving preferential allotment, artificial price/volume inflation and sale of Pine Animation Limited shares, generating ill-gotten gains and fictitious LTCG.
  Appeals challenged the WTM order dated November 18, 2019 restraining appellants and six entities from accessing the securities market for five years. · Shares and mutual fund units in demat accounts were frozen for five years.
  Appeal: Appeal Nos. 102, 44, 85, 178-181, 235, 246, 247, 571-573, 575 and 581 of 2020 were heard together; decision dated 8 June 2021. Final disposal outcome is not included in the provided text.
• Alleged pump-and-dump scheme in Pine Animation Ltd to generate fictitious Long Term Capital Gains and convert unaccounted income to tax-free accounted income via preferential allottees acting in concert with promoter entities and exit providers.
  Restraining appellants and six entities from accessing securities market for five years per WTM order · Freezing shares and mutual fund units lying in demat accounts for five years per WTM order
  Appeal: Group Appeals Nos. 102,44,85,178,179,180,181,235,246,247,571,572,573,575,581 of 2020; Order Reserved 05.05.2021, Date of Decision 08.06.2021; delay condoned
• Alleged participation in a scheme involving preferential allotments, artificial price and volume manipulation, off-market transfers and subsequent market sales to generate fictitious LTCG and provide exits to preferential allottees.
  Appeals challenged the WTM order restraining appellants and six entities from accessing the securities market for five years. · Shares and mutual fund units in demat accounts were frozen for five years.
  Appeal: Appeal Nos. 102, 44, 85, 178-181, 235, 246, 247, 571-573, 575 and 581 of 2020; decision dated 08 June 2021; challenged WTM order dated 18 November 2019.
• SAT matter SATV-3FDC487190D3392FD7188D52
  All appeals disposed with no order as to costs on SEBI assurance · WTM SEBI to pass appropriate order after hearing objections
  Appeal: Appeal Nos. 116 to 122 of 2016 disposed on 15.07.2016 with no order as to costs
• SAT matter SATV-768F3FEAB16E618CF726CFA0
  Appeal Nos. 116 to 122 of 2016 disposed of with no order as to costs · WTM of SEBI to pass appropriate order on objections within eight weeks
  Appeal: Appeal Nos. 116, 117, 118, 119, 120, 121, 122 of 2016 disposed of by SAT on 15.07.2016
• SAT matter SATV-963F4B5068C32745D99271C3
  Appeal Nos. 116 to 122 of 2016 disposed of with no order as to costs · WTM SEBI to pass appropriate order within eight weeks from today
  Appeal: Appeal Nos. 116, 117, 118, 119, 120, 121, 122 of 2016 disposed of on 15.07.2016 as nothing survives
• SAT matter SATV-A6125CEC507F421D789D913C
  All appeals disposed as WTM to pass appropriate order; interim restraint continues till further orders · Clarificatory orders dated 19 January 2016 and 18 March 2016 shall continue to operate
  Appeal: Appeal Nos. 116, 117, 118, 119, 120, 121 and 122 of 2016 disposed of on 15.07.2016 with no order as to costs
• SAT matter SATV-BCE79E18338D4C5F2AD51DB4
  Delay of 185 days in filing Appeal No. 01 of 2016 condoned · Applicants/appellants permitted to withdraw Misc. Applications and Appeals with liberty to file fresh appeals with additional grounds/documents
  Appeal: Appeal No. 01 of 2016 and Appeal Nos. 499-504 of 2015 withdrawn with liberty to refile; Misc. Application Nos. 05, 36-42 of 2016 disposed on 15.03.2016
• SAT matter SATV-AAB3376C01C6A1AF584686D9
  Delay of 185 days in filing Appeal No. 01 of 2016 condoned; Misc. Application No. 05 of 2016 disposed · Applicants/appellants permitted to withdraw Misc. Applications and Appeals with liberty to file fresh appeals with additional grounds/documents
  Appeal: Appeal Nos. 499-504 of 2015 and 01 of 2016 disposed on 15.03.2016 as withdrawn with liberty to file fresh
• SAT matter SATV-C83F93F7666CA33763CE6807
  Delay of 185 days in filing Appeal No. 01 of 2016 condoned · Misc. Application No. 05 of 2016 disposed as condoned
  Appeal: Appeal Nos. 499-504 of 2015 and 01 of 2016 disposed on 15.03.2016 as withdrawn with liberty to refile; Misc. Appl. Nos. 05, 36-42 of 2016 disposed
• SAT matter SATV-CBDC69A9258BC863D71D4DCA
  Appeal Nos. 116 to 122 of 2016 disposed of with no order as to costs · WTM, SEBI to pass appropriate order within eight weeks from 15.07.2016
  Appeal: Appeal Nos. 116,117,118,119,120,121 and 122 of 2016 disposed of on 15.07.2016 with no order as to costs
• SAT matter SATV-EC0915F8F08E10B6F69C62C8
  Delay of 185 days in filing Appeal No. 01 of 2016 condoned · Applicants permitted to withdraw Misc Applications and Appeals with liberty to file fresh appeals
  Appeal: Misc Application No. 05, 36-42 of 2016 in Appeal Nos. 499-504 of 2015 and 01 of 2016 disposed on 15.03.2016 as withdrawn with liberty to file fresh
• Devising scheme via preferential allotments, stock split and artificial price pump to provide exit to preferential allottees and generate fictitious Long Term Capital Gains for converting unaccounted income to tax-free accounted income in Pine Animation Ltd.
  Restraining appellants and six entities from accessing securities market for 5 years vide WTM order dated 18 November 2019 · Freezing shares and mutual fund units lying in demat accounts for same 5 year period
  Appeal: Appeal Nos. 102, 44, 85, 178, 179, 180, 181, 235, 246, 247, 571, 572, 573, 575 and 581 of 2020 against WTM common order dated 18 November 2019; Order Reserved on 05.05.2021, Date of Decision 08.06.2021; delay condoned
• SAT matter SATV-8F376C64150AB04BA609ACEC
  All appeals disposed of with no order as to costs · Clarificatory orders dated 19 January 2016 and 18 March 2016 to continue to operate
  Appeal: Appeal Nos. 116 to 122 of 2016 disposed of on 15 July 2016 with no order as to costs
• SAT matter SATV-C0FD08E83153DCA7EBDD2807
  Delay of 185 days in filing Appeal No. 01 of 2016 condoned; Misc. Application No. 05 of 2016 disposed of · Applicants permitted to withdraw Misc. Applications and Appeals with liberty to file fresh appeals with additional grounds/documents
  Appeal: Appeals Nos. 499-504 of 2015 and 01 of 2016 withdrawn with liberty to refile; Misc. Applications Nos. 05, 36-42 of 2016 disposed of by SAT order dated 15.03.2016
• Alleged scheme of preferential allotment, price pumping and dumping to generate fictitious tax-exempt Long Term Capital Gains and launder black money.
  Restraint from accessing securities market for period of five years · Freezing of shares and mutual fund units lying in demat accounts for same period
  Appeal: SAT Appeals Nos. 102, 44, 85, 178, 179, 180, 181, 235, 246, 247, 571, 572, 573, 575, 581 of 2020 - Order Reserved 05.05.2021, Date of Decision 08.06.2021
• SAT matter SATV-C70716484EBEB8B858955AE7
  All appeals disposed of with no order as to costs on SEBI assurance · SEBI WTM to pass appropriate order within eight weeks from 15.07.2016
  Appeal: Appeal Nos. 116 to 122 of 2016 disposed of on 15.07.2016 with no order as to costs