Nimain Charan Biswal

SAT-appeal

• SAT matter SATV-2DFD4BC3C57C035A17BC0FC2
  Urgency Application No. 143 of 2020 allowed · Appellant permitted to file an affidavit seeking deletion of Respondents Nos. 2 and 3 as unnecessary parties
  Appeal: Appeal Lodging No. 167 of 2020; order dated 30 July 2020. Matter heard and order reserved; no final disposal recorded.
• SAT matter SATV-4DF8AC389E1D63C245F27B6E
  Respondent SEBI to file reply within three weeks from 10.06.2020 · Appellant permitted to file rejoinder within two weeks thereafter
  Appeal: Misc. Application No. 133 of 2020 and Appeal (L) No. 167 of 2020 pending; interim relief rejected on 10.06.2020; next hearing July 30, 2020
• SAT matter SATV-59E925A6AD4E84A9779230B6
  Urgency application rejected at this stage · Registry directed to allot numbers to the miscellaneous applications and the lodging number to the appeal memo
  Appeal: Appeal (L) No. 167 of 2020 was before SAT; the order dated 11 May 2020 dealt with the urgency and interim applications and did not finally dispose of the appeal.
• SAT matter SATV-653E2B2FA0DB45AC28DB9B6F
  Impugned WTM order dated 2 June 2016 quashed qua the appellant · Matter restored to SEBI WTM for fresh decision on merits and in accordance with law
  Appeal: Appeal No. 204 of 2016 disposed of on 14 July 2016; impugned order quashed qua the appellant and matter remanded to SEBI WTM
• Alleged illegal public fund mobilisation via Optionally Convertible Debentures by Neesa Technologies Ltd in FY 2013-14, appellant liable as Managing Director/officer in default.
  Appeal allowed; WTM order dated 7 Apr 2020 quashed qua appellant · Joint and several OCD refund with 15% interest and 4-year market access/association ban set aside for appellant
  Appeal: Appeal No. 156 of 2020 allowed on 18.08.2020 (reserved 30.07.2020); impugned WTM order quashed qua appellant