Rajeshkumar Champaklal Gandhi
Penalties and directions recorded
- No direction issued to distribute IL&FS recoveries exclusively to investors existing at the time of scheme suspension.
- Respondent Nos. 1 and 2 to file reply on why circulars cannot be applied to scheme in question
- Prima facie view that segregation circulars apply to short term fund scheme
SAT-appeal
- SAT matter SATV-39038F04767F394F5A579CA3Heard counsel for parties and reserved orderAppeal: Appeal No. 912 of 2023 with Misc. Application No. 72 of 2024 - heard on 21.05.2024, order reserved
- SAT matter SATV-5E824A90AFC3EC2A11FB2002Adjourned due to non-availability of bench · Listed on April 19, 2024Appeal: Appeal No. 912 of 2023 with Misc. Application No. 72 of 2024 pending; adjourned on 20.03.2024, next listing April 19, 2024
- Challenge to SEBI’s disposal of a SCORES complaint concerning Motilal Oswal Ultra Short Term Fund’s reopening to fresh investors and allocation of IL&FS recovery proceeds.Appeal dismissed; SEBI’s communication/order disposing of the appellant’s SCORES review was upheld. · No direction issued to distribute IL&FS recoveries exclusively to investors existing at the time of scheme suspension.Appeal: Appeal No. 912 of 2023, with Misc. Application No. 72 of 2024, disposed of by SAT on 23 April 2025.
- SAT matter SATV-9D7E2A27A9634D31D7816A7COrder reservedAppeal: Appeal No. 912 of 2023 - order reserved on 04.04.2025
- SAT matter SATV-9B72C3A287DDC700592103F0Adjourned due to non-availability of bench · Listed on May 21, 2024Appeal: Appeal No. 912 of 2023 with Misc. Application No. 72 of 2024 adjourned due to non-availability of bench; next listing May 21, 2024
- SAT matter SATV-9FD9581F25FDADA06633F5AEReply filed by Respondent No. 2 taken on record · Adjourned due to non-availability of bench, listed on March 20, 2024Appeal: Appeal No. 912 of 2023 with Misc. Application No. 72 of 2024 adjourned, next listing March 20, 2024
- Alleged non-application of segregation framework to short term fund scheme; AMC contends it cannot be applied retrospectively.Respondent Nos. 1 and 2 to file reply on why circulars cannot be applied to scheme in question · Prima facie view that segregation circulars apply to short term fund schemeAppeal: Appeal No. 912 of 2023 pending; listed for admission and final disposal on January 30, 2024
Source: SecMarx — Rajeshkumar Champaklal Gandhi. 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.