Prakar Investments Pvt. Ltd.
Penalties and directions recorded
- No interim order passed because penalty amount had already been deposited under protest
- No interim order required as penalty already deposited under protest
- No interim order required as penalty already deposited under protest
- No interim order required as penalty already deposited under protest
- No interim order required as penalty already deposited under protest
SAT-appeal
- The appellants were charged with insider trading. The issue identified was whether transfer of shares from husband to wife amounts to insider trading.Respondent to file reply within six weeks from 24 December 2020 · Appellants to file rejoinder within three weeks thereafterAppeal: Appeal Nos. 505, 506, 507 and 508 of 2020 were heard together; order dated 24 December 2020 recorded procedural directions and no interim relief
- Charged for insider trading; core issue is whether transfer of shares from husband to wife amounts to insider trading.Connect Appeals 505-508 of 2020 with Appeal No.499 of 2020 and list together · Respondent SEBI to file reply, appellant to file rejoinder thereafterAppeal: Appeal Nos.505, 506, 507 and 508 of 2020 pending before SAT; order dated 24.12.2020 adjourns matter, no interim relief granted
- Charged for insider trading; core issue is whether transfer of shares from husband to wife amounts to insider trading.Connect Appeals 505-508 of 2020 with Appeal No. 499 of 2020 and list on 2nd March, 2020 as stated · Respondent SEBI to file reply within six weeks from 24.12.2020Appeal: Appeal Nos. 505, 506, 507 and 508 of 2020 pending before SAT; order dated 24.12.2020 directs completion of pleadings; connected with Appeal No. 499 of 2020; no interim relief granted
- Insider trading charge; issue for consideration is whether transfer of shares from husband to wife amounts to insider trading.No interim order required as penalty already deposited under protest · Respondent to file reply within six weeks; appellant rejoinder three weeks thereafterAppeal: Appeal Nos.505, 506, 507 and 508 of 2020 pending before SAT; order dated 24.12.2020 adjourns matter with Appeal No.499 of 2020; no interim relief granted
- Charged with insider trading; core issue whether transfer of shares from husband to wife amounts to insider trading.Connect Appeals 505-508 of 2020 with Appeal No.499 of 2020 and list on 2nd March, 2020 [as stated] · Respondent SEBI to file reply within six weeks from 24.12.2020Appeal: Appeal Nos.505,506,507,508 of 2020 against common SEBI order; SAT procedural order dated 24.12.2020 - not disposed, reply/rejoinder ordered, no interim relief, to list with Appeal No.499 of 2020
Source: SecMarx — Prakar Investments Pvt. 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.