Pams Investments & Trading Co. Pvt. Ltd.

SAT-appeal

• Alleged irregularities in the issue and allotment of warrants/shares by Reliance Industries Limited to entities allegedly associated with it, involving possible violations of the SEBI Act and regulations.
  Appeals 16 and 22 of 2012 disposed of. · After SEBI decides the pending consent proceedings, the adjudicating officer may decide the appellants' preliminary objections in accordance with law.
  Appeal: Appeal Nos. 16 of 2012 and 22 of 2012 disposed of by SAT on 8 April 2013 without intervention at that stage.
• Alleged irregularities in issue and allotment of warrants/shares by Reliance Industries Limited in January 1994 to entities alleged to be associated with RIL, in possible violation of SEBI Act and rules/regulations.
  Appeals No. 16 and 22 of 2012 disposed of without intervention at this stage · Adjudicating officer to decide preliminary objections in accordance with law once Board decides consent applications