Pagita Leasing & Finance Company Ltd.

SAT-appeal

• Persistent non-compliance with Listing Agreement; trading suspended since 13 May 2002 and failure to seek revocation leading to compulsory delisting.
  Delay of 382 days in filing Appeal No.387/2017 condoned · Held show-cause notice dated 20 May 2016 service not proved; respondent proceeded ex-parte without ensuring service
  Appeal: Appeal No.387/2017 with Misc.353/2017 and Appeal No.226/2018 with Misc.189-190/2018 heard 25.04.2019, decided 03.05.2019; delay condoned, appeals heard together
• Failure to obtain authentication on SCORES and comply with SEBI circulars/directions concerning processing and redressal of investor complaints.
  Miscellaneous Application No. 354 of 2017 allowed · Appeal No. 388 of 2017 dismissed
  Appeal: Appeal No. 388 of 2017 dismissed by SAT on 15 May 2019.
• Compulsory delisting for default under Delisting Regulations and Listing Agreement; trading suspended since 13.05.2002 with no steps for revocation of suspension.
  Delay of 382 days in filing Appeal No. 387 of 2017 condoned · Held BSE proceeded ex-parte without proving service of show cause notice dated 20.05.2016