Mr. Puneet Nikore
Penalties and directions recorded
- SEBI directed to pass appropriate orders by 8 February 2021 and inform the Registrar and Transfer Agents accordingly
- Parties to take instructions from Registrar 48 hrs before date fixed on mode of hearing
- Parties to take instructions from Registrar 48 hrs before fixed date on mode of hearing
SAT-appeal
- SAT matter SATV-08DB136E433798E54FA9852BMiscellaneous Application No. 92 of 2021 to be treated as a representation for SEBI's consideration · SEBI directed to pass appropriate orders by 8 February 2021 and inform the Registrar and Transfer Agents accordinglyAppeal: Appeal No. 139 of 2020 was pending; hearing had been reserved for orders on 18 December 2020
- SAT matter SATV-1D4E2C17DE4ED2DEB565A927Matter heard and order reserved · Written submissions, if any, may be filed within one weekAppeal: Appeal No. 139 of 2020 was heard on 18 December 2020; order reserved. No disposal outcome stated.
- Alleged irregularity relating to 2005 GDR issue (specific charge not detailed in procedural order)Respondent to file reply within four weeks from 14.09.2020 · Appellant to file rejoinder within three weeks thereafterAppeal: Appeal No. 139 of 2020 with Misc. Applications No. 273/2020 and 274/2020 pending; listed for admission and final hearing on 9 November 2020
- SAT matter SATV-7184F570868FC4C1AD3D943A10 days' time allowed to appellant to file rejoinder · Matter listed for admission and for final disposal on December 18, 2020Appeal: Appeal No. 139 of 2020 with Misc. Application Nos. 273 of 2020 and 274 of 2020 pending; next listed for admission and final disposal on December 18, 2020 vide order dated 04.12.2020
- SAT matter SATV-75B391E37897B28A411B225AMisc. Application No. 92 of 2021 disposed of as infructuousAppeal: Misc. Application No. 92 of 2021 in Appeal No. 139 of 2020 disposed of as infructuous on 09.02.2021
- SAT matter SATV-A62E25C3C330DE7145878F72Adjournment request by appellant accepted · List matter on December 04, 2020Appeal: Appeal No. 139 of 2020 with Misc. Applications No. 273 and 274 of 2020 pending; adjourned to December 04, 2020 vide order dated 09.11.2020
- Fraudulent USD 5M GDR issue where company pledged entire proceeds with Banco Bank as security for Fusion's loan to subscribe its own GDRs, with only limited exchange disclosure defrauding investors.Appeal partly allowed - 2-year market access restraint reduced to period already undergone till 16.2.2021 · Misc. Applications No.273 and 274 of 2020 disposed of with no order as to costsAppeal: Appeal No.139 of 2020 decided on 16.2.2021 (reserved 18.12.2020) - partly allowed as to restraint period only
Source: SecMarx — Mr. Puneet Nikore. 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.