Rajkumar C. Basantani

SAT-appeal

• SAT matter SATV-010516635C39E074673588CB
  Miscellaneous Application No. 229 of 2015 disposed of as nothing survived · No order as to costs
  Appeal: Miscellaneous Application No. 229 of 2015 in Appeal No. 114 of 2015 disposed of on 24 October 2016
• Manipulative and fraudulent trading, creation of artificial volumes and price rise, and issuance of false and misleading corporate announcements in Kolar Biotech Limited and Adam Comsof Limited.
  Miscellaneous Applications seeking condonation of delay were dismissed. · Appeal Nos. 114 and 115 of 2015 were dismissed.
  Appeal: SAT dismissed Appeal Nos. 114 and 115 of 2015 and Miscellaneous Applications Nos. 75 and 76 of 2015 on 10 April 2018.
• Creating artificial volumes and price rise in KBL and ACL scrips via false/misleading corporate announcements and manipulative trading through related broker.
  Condonation of 2271 days (Appeal 114/2015) and 1754 days (Appeal 115/2015) delay refused for evasion and lack of bonafide
  Appeal: Appeal Nos 114 and 115 of 2015 with Misc Apps 75-76 of 2015; reserved 08.03.2018, decided 10.04.2018; condonation of 2271/1754 days delay in issue