Pradeep Natwarlal Dhanuka
Penalties and directions recorded
- Matters listed on 5 August 2022
- Matters listed for 5 July 2022
- List matters on July 5, 2022
- Rs.5 lakh penalty on Gromo/Prismx upheld for Clause 43 violation, read as under Section 23A(a) SCRA not Section 23E
- Penalty of Rs 5 lakh on Gromo / Prismx upheld for Clause 43 violation, to be read as imposed under Section 23A(a) SCRA and not Section 23E
SAT-appeal
- SAT matter SATV-25AC200BB4CFBDCC6D25C344All connected appeals and miscellaneous applications were directed to be listed on 19 October 2022. · Parties were directed to act on the digitally signed copy of the order.Appeal: Appeal Nos. 496, 518, 519, 580 and 658 of 2021, 87 and 131 of 2022, and 481 of 2022 were pending and listed for 19 October 2022.
- SAT matter SATV-2D8EFC6EB85116E82F3D3CF4Matter adjourned for arguments in rejoinder · List the matter on 03 March 2023Appeal: SAT order dated 02 March 2023 in Appeal Nos. 496, 518, 519, 580, 658 of 2021, 87, 131 and 481 of 2022; adjourned for rejoinder arguments
- SAT matter SATV-360AE0BFC6DC2FE2E867F1DEThree weeks' further time allowed to the appellant to file rejoinder, if any · Matters listed on 5 August 2022Appeal: Order dated 5 July 2022 in Appeal Nos. 496, 518, 519, 580, 658 and 87 of 2022; three weeks granted for rejoinder and matters listed on 5 August 2022
- SAT matter SATV-40D0DA7B98D869A1C674B49FHeard Mr. Sumit Rai, counsel for respondent; matter put up on March 03, 2023 for arguments in rejoinder · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual charges
- SAT matter SATV-39ABF0D93C702DBE4370F77EThree weeks' time granted to appellants to file rejoinder · Matters listed for 5 July 2022Appeal: Appeal Nos. 496, 518, 519, 580, 658, 87 and 131 of 2021/2022 were pending; rejoinder time granted and matters listed on 5 July 2022
- SAT matter SATV-489F917EF390B91C9CAB7C0DThree weeks time allowed to the appellants to file rejoinder · List matters on July 5, 2022Appeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131 of 2022 pending; rejoinder allowed; next date July 5, 2022
- Price manipulation of Gromo scrip and creating false/misleading appearance of trading via concerted trades and misuse of preferential allotment proceeds.Rs.5 lakh penalty on Gromo/Prismx upheld for Clause 43 violation, read as under Section 23A(a) SCRA not Section 23E · AO finding of PFUTP violation by 12 noticees including appellants under examinationAppeal: Appeal Nos. 496,518,519,580,658 of 2021 and 87,131,481 of 2022 heard 03.03.2023, decided 05.06.2023 against AO order
- SAT matter SATV-59249F859655C4A212FFE5D7Order dated February 24, 2022 dismissing appeal for want of prosecution recalled · Connect with Appeal No. 496 of 2021 and list on April 7, 2022Appeal: Appeal No. 87 of 2022 - dismissal recalled, restored and pending, listed on April 7, 2022
- Price manipulation in Gromo scrip by Kamalakshi group creating false and misleading appearance of trading with gross market positive LTP contribution of Rs 101.35; company failed to disclose utilization of preferential issue proceeds under Clause 43.Penalty of Rs 5 lakh on Gromo / Prismx upheld for Clause 43 violation, to be read as imposed under Section 23A(a) SCRA and not Section 23EAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 with Misc. Applications against AO common order dated 17 May 2021; hearing 03.03.2023, decision 05.06.2023
- SAT matter SATV-649C5F17B072C7949F0119DEHeard counsel for respondent SEBI; listed for arguments in rejoinder on March 03, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending before SAT; adjourned to 03.03.2023 for rejoinder
- Kamalakshi group including appellants manipulated Gromo scrip price creating false misleading appearance; company failed to disclose use of preferential allotment proceeds under Clause 43.AO held 12 noticees including appellants guilty of price manipulation violating Reg 3,4 PFUTP r/w Sec 12A SEBI Act · SAT held Rs 5 lakh penalty on company under Sec 23E to be read as under Sec 23A(a), quantum upheld without modificationAppeal: Appeal Nos. 496,518,519,580,658 of 2021 and 87,131,481 of 2022 heard 03.03.2023 decided 05.06.2023 by SAT
- Kamalakshi group including appellants in connivance manipulated Gromo scrip price creating false misleading appearance of trading; company failed Clause 43 disclosure on preferential issue proceeds utilisation.Penalty of Rs 5 lakh on Gromo upheld as just and proper, to be read as imposed under Section 23A(a) SCRA and not Section 23EAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 against AO order dated 17 May 2021; heard 03.03.2023, decided 05.06.2023
- SAT matter SATV-7FEE53731FFA3CFAF981391CList all matters on October 19, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment
- SAT matter SATV-8AC82E5DC46D4D544A3C98EDThree weeks time allowed to appellants to file rejoinder · List on July 5, 2022Appeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131 of 2022 pending at rejoinder stage; next date July 5, 2022
- SAT matter SATV-9D471349D4330F003871ADD4Heard counsel for parties and reserved order · Parties to act on digitally signed copy of order by Private Secretary
- SAT matter SATV-ABC27F203796402861F4F6F3Delay condoned and delay condonation application allowed · Respondent SEBI to file reply in Appeal No. 87 of 2022 within three weeksAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87 of 2022 before SAT; order dated 07.04.2022 condones delay and orders pleadings; pending, listed for admission and final disposal on 02.06.2022
- SAT matter SATV-B187AE70D42531591A2FB666Review Application No.28 of 2023 and No.29 of 2023 dismissed, no manifest error foundAppeal: Review Application No.28 of 2023 in Appeal No.481 of 2022 and Review Application No.29 of 2023 in Appeal No.87 of 2022 dismissed on 14.7.2023
- SAT matter SATV-BBDF23F816EFAC9DC546C282Delay condoned and Misc. Applications No. 74 and 75 of 2022 allowed · Respondent SEBI to file reply in Appeal No. 87 of 2022 within three weeksAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and Appeal No. 87 of 2022 pending before SAT; listed for admission and final disposal on June 02, 2022
- SAT matter SATV-4E1B6F1C4AF07FFBD4A79FAAMatter was directed to be listed on 03 March 2023 for arguments in rejoinder. · Parties were directed to act on the digitally signed copy of the order.Appeal: Appeal Nos. 496, 518, 519, 580 and 658 of 2021, Appeal Nos. 87 and 131 of 2022, and Appeal No. 481 of 2022 were pending; the order dated 02 March 2023 adjourned the matters for rejoinder arguments on 03 March 2023.
- Price manipulation and creation of false and misleading appearance of trading in Gromo scrip by Kamalakshi group with company connivance; non-utilisation and non-disclosure of preferential allotment proceeds under Clause 43.Penalty of Rs 5 lakh on Gromo upheld, to be read as under Section 23A(a) SCRA and not Section 23E
- SAT matter SATV-D1A8426BD1997CCE49F5D0FEList all matters on January 23, 2023 · Parties to act on digitally signed copy; certified copy available on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; adjourned to 23.01.2023 with no disposal
- SAT matter SATV-DD2933CA37C266048F8EB9EEDelay condoned and delay condonation application allowed · Respondent to file reply in Appeal No. 87 of 2022 within three weeksAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and Appeal No. 87 of 2022 pending; delay condoned; listed for admission and final disposal on June 02, 2022
- SAT matter SATV-DF5BAC2D2A59BEF0D811FD5EDelay condoned and delay condonation application allowed · Respondent SEBI to file reply in Appeal No. 87 of 2022 within three weeks; rejoinder within three weeks thereafterAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87 of 2022 with Misc. Application Nos. 74-75 of 2022 pending; listed for admission and final disposal on June 02, 2022
- SAT matter SATV-DACE811F265D3EA367EBEB6FMatter put up on 03 March 2023 for arguments in rejoinder · Parties to act on digitally signed copy signed by Private Secretary on behalf of benchAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending before SAT; heard on 02.03.2023, adjourned to 03.03.2023, not disposed
- SAT matter SATV-D0677A47ABD63CC866B99B34Heard counsel for parties, order reserved · Written submissions, if any, may be filed within a weekAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 heard on 03.03.2023; order reserved, no disposal yet
- SAT matter SATV-E67F4818A303F64FB7C921BCThree weeks time allowed to appellants to file rejoinder · Matter listed on July 5, 2022Appeal: Appeal Nos 496, 518, 519, 580, 658 of 2021 and 87, 131 of 2022 pending at rejoinder stage; next date 05.07.2022
- SAT matter SATV-F72A209126735CE21DC07AB2Pleadings complete, list matters on November 24, 2022 · Parties to act on digitally signed copy; certified copy from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending before SAT; pleadings complete per order dated 19.10.2022, next listing 24 November 2022
- SAT matter SATV-EB28BDCA8B20A79D1FE230B3Put up on March 03, 2023 for arguments in rejoinder · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496,518,519,580,658/2021 and 87,131,481/2022 pending; part-heard on 02.03.2023, adjourned to 03.03.2023 for rejoinder
- SAT matter SATV-694A4F67B92ED346609497E6All matters listed for 19 October 2022 · Parties directed to act on the digitally signed copy of the orderAppeal: SAT disposed of the day's listing by adjourning Appeal Nos. 496, 518, 519, 580, 658 of 2021, 87 and 131 of 2022, and 481 of 2022 to 19 October 2022; no merits disposal stated.
- SAT matter SATV-4B79A107DD3E232CBAE88F37Matter posted for further hearing on March 1, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
- SAT matter SATV-524AB3BC530CE8CE25CD57F1List matters on October 19, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; adjourned to October 19, 2022 vide order dated 12.09.2022
- SAT matter SATV-59505CD267E678E352BCBDC8Three weeks time allowed to appellants to file rejoinder · Matter listed on July 5, 2022Appeal: Appeal Nos. 496,518,519,580,658 of 2021 and 87,131 of 2022 pending; rejoinder stage, next date 05.07.2022
- SAT matter SATV-550B93B6083FEC6FD2998D9BThree weeks time allowed to appellants to file rejoinder · Matter listed on July 5, 2022Appeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131 of 2022 pending; rejoinder allowed, next date July 5, 2022
- SAT matter SATV-734FAB924923248154D4E1BAList all appeals on October 19, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; adjourned to 19 October 2022
- SAT matter SATV-86522CC22AB8398AF2223B6CDelay condoned; delay condonation application allowed · Respondent to file reply in Appeal No. 87 of 2022 within three weeks; rejoinder within three weeks thereafterAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87 of 2022 pending; delay condoned; listed for admission and final disposal on June 02, 2022
- SAT matter SATV-8A377DAE6DC17411BB107456Matter adjourned to 03 March 2023 for rejoinder arguments · Parties to act on digitally signed copy; certified copy from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; heard in part, adjourned to 03.03.2023 for rejoinder
- SAT matter SATV-A586DC9212E5DDD687411F28List matters on October 19, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; adjourned to October 19, 2022
- SAT matter SATV-DB9BA6F45A6D7853998566B0Three weeks further time granted to file rejoinder in Appeal No.87/2022 and other connected appeals · List connected appeals on December 16, 2022Appeal: Appeal Nos.496,518,519,580,658 of 2021 and 87,131,481 of 2022 pending before SAT; not disposed, adjourned to 16.12.2022 vide order dated 24.11.2022
- SAT matter SATV-DAECA62AEE556102BB4D6D82Matter listed for hearing on October 19, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131, 481 of 2022 pending; adjourned to October 19, 2022
- SAT matter SATV-E784646A1AF2278E8799F706Delay condoned and delay condonation application allowed · Respondent to file reply in Appeal No. 87 of 2022 within three weeks; rejoinder within three weeks thereafterAppeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87 of 2022 pending; delay condoned, listed for admission and final disposal on June 02, 2022
- SAT matter SATV-E9B3ED332DED02C9C7D81A57Put up on 03 March 2023 for arguments in rejoinder after hearing respondent counsel · Parties to act on digitally signed copy; certified copy available from Registry on payment
Other
- SAT matter SATV-9C05052C57440D9E10C4A3CAThree weeks' time allowed to the appellants to file rejoinder · Matter listed on July 5, 2022Appeal: Appeal Nos. 496, 518, 519, 580, 658 of 2021 and 87, 131 of 2022 pending with Misc. Appl. 74-75 of 2022; adjourned to 05.07.2022 for rejoinder
Source: SecMarx — Pradeep Natwarlal Dhanuka. 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.