Rakesh Singh Narwaria

4 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Interim order dated 26 November 2019 confirmed - SEBI to withdraw Rs 20 lakh from appellants accounts and thereafter defreeze bank and demat accounts
Parties to obtain instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
Parties to take instructions from Registrar 48 hours before fixed date on video vs physical hearing
Jointly and severally liable with PDAL and directors to wind up CIS and refund monies with returns via DD/Pay Order
Restrained from securities market till refund and WRR to SEBI satisfaction plus further 4 years

SAT-appeal

Alleged operation of unregistered Collective Investment Scheme - WTM directed winding up of CIS, refund to investors and market restraint.
Review Application No. 29 of 2019 dismissed as misconceived · Interim order dated 26 November 2019 confirmed - SEBI to withdraw Rs 20 lakh from appellants accounts and thereafter defreeze bank and demat accounts
Appeal: Review Application No. 29 of 2019 in Appeal Nos. 238 and 239 of 2019 dismissed on 18 December 2019; main appeals against WTM order dated 27 March 2018 pending
SAT matter SATV-4B9F421A74A55B1F4C2CD850
Appeals listed for further hearing on 4 March 2021 · Parties to obtain instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
Appeal: Appeal Nos. 238 and 239 of 2019; procedural order dated 3 March 2021; further hearing fixed for 4 March 2021
SAT matter SATV-EDEC3D9B131A3AE7240426CA
List Misc. Application No. 306 of 2019 and Appeal No. 238 of 2019 on January 11, 2021 · Scanned copies of memorandum of appeal etc. may be filed on or before next date
Operating unregistered Collective Investment Scheme via cattle booking/cattle care agreements pooling investor funds in violation of Section 11AA.
Jointly and severally liable with PDAL and directors to wind up CIS and refund monies with returns via DD/Pay Order · Not to alienate PDAL or scheme assets except for investor refunds; Gwalior assets to be dealt per Court Commissioner
Appeal: Appeal Nos. 238 and 239 of 2019 decided on 4 May 2021 (reserved 4 March 2021) - dismissed with modification to winding-up direction

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Source: SecMarx — Rakesh Singh Narwaria. 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.