P. K. Iyer

SAT-appeal

• SAT matter SATV-3164AB30E601BEBCABA943C1
  Three weeks granted to appellant in Appeal No. 395 of 2022 to file rejoinder · Two weeks granted to SEBI to file reply in Appeal No. 421 of 2022; rejoinder within one week thereafter
  Appeal: Appeal Nos. 395 of 2022 and 421 of 2022 pending before SAT; adjourned to September 05, 2022 vide order dated 05.08.2022
• SAT matter SATV-89096DB3C4B45B2492A6D7DF
  Heard in part · Put up on January 25, 2023 for further hearing
  Appeal: Appeal No. 395 of 2022 with Misc. Application No. 16 of 2023 and Appeal No. 421 of 2022 with Misc. Application No. 955 of 2022 - heard in part on 24.01.2023, listed for further hearing on 25.01.2023
• SAT matter SATV-96B840A60FC0072DC61A2879
  Heard in part; matter listed for further hearing on January 25, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal No. 395 of 2022 with Misc. Application No. 16 of 2023 and Appeal No. 421 of 2022 with Misc. Application No. 955 of 2022 heard in part
• SAT matter SATV-96047F0D2C9ABBAF13F92FF9
  Adjourned on request of appellant in Appeal No. 421 of 2022 · List on November 17, 2022
  Appeal: Appeal No. 395 of 2022 and Appeal No. 421 of 2022 with Misc. Application No. 955 of 2022 heard on 17.10.2022; adjourned, next listing November 17, 2022
• Understatement of loans/interest and inflated profits, non-disclosure of encumbered/invoked shares, and buyback without adequate free reserves in violation of PFUTP, SAST, PIT and listing norms.
  AO proceedings pursuant to show cause notice dated 05.08.2019 held wholly illegal qua DCHL for violation of Sections 14 and 31 IBC · Penalty on DCHL unsustainable after approved resolution plan which is binding on all creditors including SEBI per Essar Steel and Monnet Ispat
  Appeal: Appeal Nos.282, 395 and 421 of 2022, hearing 23.02.2023, decided 09.11.2023 against AO order
• Understatement of loans and interest in FY08-11 accounts, non-disclosure of encumbered/invoked shares, buyback without free reserves misleading investors.
  AO order dated March 22, 2022 imposed Rs 4 cr on DCHL and Rs 1.30 cr each on three individuals · SAT held AO proceedings/SCN against DCHL illegal being violative of Sections 14 and 31 IBC
• SAT matter SATV-97EF36180C7168055A946AA1
  Heard in part · Listed on February 21, 2023 for arguments of the respondent
  Appeal: Appeal No. 395 of 2022 with Misc. Application No. 16 of 2023 and Appeal No. 421 of 2022 with Misc. Application No. 955 of 2022 pending; heard in part
• SAT matter SATV-8FBDA25AFE55BEE6B71F2D08
  Adjourned on request of respondent · List on December 19, 2022
  Appeal: Appeal No. 395/2022 with MA 955/2022 and Appeal No. 421/2022 adjourned on 17.11.2022, listed on 19.12.2022
• SAT matter SATV-9A1D60C3544364E33B7D7A61
  Heard in part · List on February 21, 2023 for arguments of the respondent
  Appeal: Appeal No. 395 of 2022 with Misc. Application 16 of 2023 and Appeal No. 421 of 2022 with Misc. Application 955 of 2022 heard in part; next hearing February 21, 2023
• SAT matter SATV-C4C7352D287D86E3219A41F8
  Adjourned on the request of the respondent · List on December 19, 2022
  Appeal: Appeal No. 395 of 2022 with Misc. Application No. 955 of 2022 and Appeal No. 421 of 2022 adjourned; next date December 19, 2022
• Understatement of loans/interest and inflated profits, non-disclosure of encumbered/invoked shares, buyback without free reserves in violation of PFUTP, SAST, PIT and SCRA.
  AO proceedings pursuant to SCN dated Aug 5, 2019 held wholly illegal violating IBC Sections 14 and 31 · Resolution plan binding on all creditors including SEBI; no SCN/adjudication/penalty open after approval
• SAT matter SATV-D3E1B3009D08A87C5360D7A3
  Adjourned on request of appellant in Appeal No. 421 of 2022 · List on November 17, 2022
  Appeal: Appeal No. 395 of 2022 with Misc. Application No. 955 of 2022 and Appeal No. 421 of 2022 pending; adjourned on 17.10.2022, listed 17.11.2022, no disposal on merits