Prakash C. Kanugo

SAT-appeal

• SAT matter SATV-1EFD2BB6EA2F1DC7294F4F5B
  Delay in filing the reply condoned and reply taken on record · Rejoinder noted as filed
  Appeal: Appeal Nos. 709 of 2022 and 710 of 2022; reply delay condoned on 8 May 2023; listed for admission and final disposal on 20 June 2023
• SAT matter SATV-18C836DF5FA2F9E8702B0C8D
  Arguments heard and order reserved in Appeal No. 709 of 2022 and Appeal No. 710 of 2022
  Appeal: Appeal Nos. 709 of 2022 and 710 of 2022; arguments heard and order reserved on 31 October 2023
• Kanugo was alleged to have transferred 25,00,000 PSL shares while possessing UPSI concerning financial results for the period ended 31 March 2016 and failed to make the required PIT disclosure. The company and Compliance Officer were alleged to have made incorrect SAST disclosures.
  Delay in filing the appeals was condoned. · Kanugo's appeal was partly allowed and his penalty was reduced from Rs. 17 lakh to Rs. 5 lakh.
  Appeal: Appeal Nos. 709 and 710 of 2022 decided by SAT on 06 November 2023; Kanugo's appeal partly allowed and the company and Compliance Officer's appeal allowed.
• SAT matter SATV-270D4633BE691B513E8C353C
  Appellants granted three weeks to file rejoinder · Matters listed for 21 March 2023
  Appeal: Appeal Nos. 709 of 2022 and 710 of 2022 were pending; rejoinder permitted and matters listed on 21 March 2023
• SAT matter SATV-36700E042B5094AE954D619A
  SEBI to file reply within 3 weeks from 20 October 2022 · Appellants may file rejoinder within 3 weeks thereafter
  Appeal: Appeal Nos. 709 and 710 of 2022; common order dated 20 October 2022; reply and rejoinder directions issued, with listing fixed for 20 December 2022
• SAT matter SATV-406309D9958744A3EE78FCA3
  List Misc. Application No. 1638 of 2022 and Appeal No. 709 of 2022 on 30 October 2023 · List Misc. Application No. 1639 of 2022 and Appeal No. 710 of 2022 on 30 October 2023
  Appeal: Appeal Nos. 709 of 2022 and 710 of 2022 were pending; listed for 30 October 2023
• SAT matter SATV-5ECD01BC875781C73B227BB4
  Delay in filing the reply condoned · Reply taken on record and rejoinder noted
  Appeal: Appeal Nos. 709 of 2022 and 710 of 2022; order dated 8 May 2023; replies taken on record and matters listed for admission and final disposal on 20 June 2023
• SAT matter SATV-700D9305768DAFB823FAB27F
  Three weeks' time allowed to the appellants to file rejoinder · Matters listed for 31 January 2023
  Appeal: Appeal Nos. 709 and 710 of 2022 were pending; rejoinder permitted and matters listed on 31 January 2023.
• Managing Director allegedly transferred 25,00,000 PSL shares while in possession of UPSI on financial results for period ended March 31, 2016 and failed to disclose under Reg 7(2)(a) PIT; company and compliance officer failed disclosure duties.
  Delay in filing appeals condoned, misc. applications allowed · Noticee No.1 appeal partly allowed: Reg 7(2)(a) violation affirmed, penalty reduced from Rs.17 lakh to Rs.5 lakh
  Appeal: Appeal No.709 of 2022 and Appeal No.710 of 2022 with Misc. Appl.1638-1639 of 2022 disposed on 06.11.2023: partly allowed/allowed as above