Powerhouse Fitness Ltd.
Penalties and directions recorded
- Parties to obtain instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
- Parties directed to contact the Registrar 48 hours before the hearing date regarding video-conference or physical hearing
- Appeal allowed; AO order dated 31 July 2020 imposing Rs 51 lakhs quashed
SAT-appeal
- SAT matter SATV-0732482B6ECE704601E9C158List the matter on 27 July 2021 · Parties to obtain instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearingAppeal: Appeal No. 426 of 2020 listed for further hearing on 27 July 2021; no disposal on merits
- SAT matter SATV-08D2C22E405DF6E4F6DB8501Matter listed for 3 September 2021 · Parties directed to contact the Registrar 48 hours before the hearing date regarding video-conference or physical hearingAppeal: Appeal No. 426 of 2020; order dated 27 July 2021 listed the matter for 3 September 2021; no disposal on merits stated
- SAT matter SATV-1427B6DAF6CA79089D5F015FHearing was partly heard and adjourned for further hearing on 7 April 2022Appeal: Appeal No. 426 of 2020; heard in part on 6 April 2022 and adjourned to 7 April 2022
- SAT matter SATV-33BB69FBDA61EF86782B164CAppeal listed for admission and final disposal on 13 December 2021 · If appellants deposit 50% of the amount under the impugned order within two weeks from 23 November 2021, balance recovery stayedAppeal: Appeal No. 426 of 2020 was pending; listed for admission and final disposal on 13 December 2021
- Alleged non-disclosure of >5% and >2% acquisitions/sales, pledge creation/invocation, and failure to make open offer and disclosures for 2006-2007 trades and 2013 preferential allotments.Appeal allowed; AO order dated 31 July 2020 imposing Rs 51 lakhs quashed · SCN quashed for 2006-2007 transactions on ground of 13-year delay/lachesAppeal: Appeal No. 426 of 2020 allowed by SAT on 09.06.2022 (reserved on 07.04.2022)
Source: SecMarx — Powerhouse Fitness Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.