Pallor Trading Co. Pvt. Ltd.

SAT-appeal

• Liability to pay interest to eligible shareholders eligible to apply in open offer; earlier WTM order held no liability, impugned order held liable.
  Impugned WTM order quashed and set aside by consent with liberty to pass fresh order · WTM directed to pass fresh order on merits and in accordance with law without being influenced by earlier orders
  Appeal: Appeal No. 154 of 2015 disposed on 06.09.2016 with clarificatory amendment order dated 14.09.2016
• SAT matter SATV-75144E9A7F2B562C7EF5AA34
  Impugned SEBI order quashed and set aside (substituted for withdrawn) · SEBI to pass fresh order in accordance with law
  Appeal: Appeal No. 154 of 2015; SAT order dated 06.09.2016 modified by order dated 14.09.2016 disposing praecipe
• Alleged acquisition of shares through preferential allotments without the disclosures required for the Regulation 3(1)(c)(ii) exemption, triggering an obligation to make an open offer.
  Appeal: Appeal No. 151 of 2019; decision dated 20 October 2021. The appeal challenged SEBI WTM order dated 17 January 2019; outcome is not contained in the supplied text.