Ranjit Singh

SAT-appeal

• SAT matter SATV-3280B6175DE1671486442BFA
  WTM shall not pass any order until disposal of the pending settlement application · Miscellaneous Applications Nos. 269 and 270 of 2022 disposed of
  Appeal: Appeal No. 115 of 2022 was disposed of by order dated 9 March 2022; on 25 April 2022, Miscellaneous Applications Nos. 269 and 270 of 2022 were disposed of, with settlement pending before SEBI
• Operating alleged unregistered Collective Investment Schemes and collecting money from investors
  Appellants to make representation to SEBI with details of amounts paid and balance payment plan · SEBI to consider representation and pass appropriate order in accordance with law
  Appeal: Appeal No.86 of 2017 disposed of on 13.11.2017 with conditional directions, no order as to costs
• Operating unregistered Collective Investment Scheme by mobilising funds under land development scheme
  Appeal No. 307 of 2018 dismissed summarily · SEBI order dated June 1, 2018 upheld; no infirmity found
  Appeal: Appeal No. 307 of 2018 dismissed summarily on 25.02.2019; prior Appeal No. 86 of 2017 disposed on 13.11.2017
• SAT matter SATV-E119DEF9F67026329000559B
  Appeal allowed to be withdrawn with liberty to file fresh appeal with additional documents and grounds · Fresh appeal if any to be filed within two weeks from 23 February 2017
  Appeal: Appeal No. 21 of 2016 decided on 23.2.2017, disposed as withdrawn with liberty to file fresh appeal within two weeks
• Alleged failure to disclose AGM voting results to stock exchanges in prescribed format under Regulation 44(3) LODR Regulations.
  Challenge to direction to disclose AGM voting results held infructuous after compliance to BSE and NSE · Refusal to stay prima-facie observations in WTM ex-parte order as they are not final findings
  Appeal: Appeal No. 115 of 2022 disposed on 09.03.2022; Caveat Application No. 03 of 2022 also disposed
• SAT matter SATV-BA8BED0534780C0924990EAA
  Review Application No. 03 of 2019 summarily rejected
  Appeal: Review Application No. 03 of 2019 in Appeal No. 307 of 2018 seeking review of SAT order dated 25.02.2019 - summarily rejected on 27.06.2019
• Running unregistered collective investment scheme mobilising public funds with promise of returns without registration and failure to repay investors on maturity.
  Appeal No.377 of 2021 dismissed with no order as to costs · AO penalty of Rs.70 lakhs jointly and severally for CIS violations sustained
  Appeal: Appeal No.377 of 2021 dismissed on 09.08.2021; WTM order dated 09.11.2015 attained finality after dismissal of Civil Appeal Nos.7017-7018/2020 on 02.09.2019