SCAL Services Ltd. & Ors.
Penalties and directions recorded
- Matters to be heard afresh when the bench is constituted following the retirement of the then Presiding Officer, Shri Tarun Agarwala
- List the matters on 15 February 2024
- By consent, the connected matters were adjourned and directed to be listed on 3 December 2024 at 10:15 a.m.
- By consent, matters called on November 22, 2024 at 10.15 a.m.
- Matters listed for further hearing on 9 February 2023
SAT-appeal
- SAT matter SATV-01CE7D5FC7C0348D8400D85EHearing was heard in part · Further hearing scheduled for 16 December 2024 at 10:30 a.m.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were heard in part; further hearing listed for 16 December 2024.
- SAT matter SATV-09C40CCE837BC3C1C16E127AArguments were heard in part. · Further arguments were scheduled for 23 October 2024.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were heard in part; further arguments scheduled for 23 October 2024.
- Alleged fraudulent scheme involving misrepresentation of Bombay Dyeing's financial statements by inflating sales by Rs. 2,492.94 crore and profits by Rs. 1,302.20 crore through alleged flat sales to SCAL.Effect and operation of the impugned SEBI order stayed during pendency of the appeals · SEBI to file reply within three weeks from 10 November 2022Appeal: Appeal Nos. 838, 839 and 840 of 2022; SAT order dated 10 November 2022 stayed the impugned SEBI order pending appeals and listed the matters for final disposal on 10 January 2023.
- SAT matter SATV-163363446BE32EB3008F04F8Matters to be heard afresh when the bench is constituted following the retirement of the then Presiding Officer, Shri Tarun Agarwala · List the matters on 15 February 2024Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022; on 5 January 2024, the matters were directed to be heard afresh after constitution of the bench and listed for 15 February 2024.
- SAT matter SATV-23E0B439028865130C22349BAppellants granted three weeks to file rejoinder. · Appeals listed for admission and final disposal on 3 February 2023.Appeal: Appeal Nos. 838, 839 and 840 of 2022 were pending; listed for admission and final disposal on 3 February 2023. Appeal No. 1016 of 2022 was directed to be listed with them.
- SAT matter SATV-26870B08EEFF27BBEC34A57DHearing commenced in the appeals and was adjourned for further hearing on 9 February 2023. · Parties directed to act on the digitally signed copy of the order.Appeal: Appeal Nos. 838 of 2022, 839 of 2022, 840 of 2022 and 1016 of 2022 were pending; hearing commenced and was listed for further hearing on 9 February 2023.
- SAT matter SATV-22171D2FBA21A8DED693D065By consent, the connected matters were adjourned and directed to be listed on 3 December 2024 at 10:15 a.m.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were pending before SAT; by consent, listed on 3 December 2024.
- SAT matter SATV-29D3D1005252553EA85D7AB6Further hearing to continue on 13 December 2024 at 10:30 a.m.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were heard in part on 10 December 2024; further hearing fixed for 13 December 2024.
- SAT matter SATV-37565AB8BE5E7DBB0DC9A194Miscellaneous applications were directed to be listed on January 27, 2026.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were pending; related Miscellaneous Applications Nos. 85, 87, 88 and 89 of 2025 were ordered to be listed on January 27, 2026.
- SAT matter SATV-4F874CD81FEC5E1BDDF7BA0AArguments of SEBI counsel continuing; matter listed for further hearing on September 26, 2023Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 pending before SAT; Misc Applications 1789 and 1632 of 2022 pending; arguments continuing on 11.09.2023
- SAT matter SATV-443BA7594DDE73CEB259EBC9Hearing begun; matter listed for further hearing on February 9, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 pending; hearing begun on 03.02.2023, next hearing on 09.02.2023
- SAT matter SATV-6184AAE2CA04EE87782B7BE2Three weeks time allowed to appellants to file rejoinder · List Appeals for admission and final disposal on February 3, 2023
- SAT matter SATV-6C71FA89607616C6EA06F380By consent, call on January 29, 2026Appeal: Misc. Application No. 88 of 2026 in Appeal No. 840 of 2022 pending; adjourned by consent to January 29, 2026
- SAT matter SATV-796B2320B4C9087974750011List these appeals on February 24, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
- SAT matter SATV-8CD350AB82499F1170462DECList Appeal Nos. 838, 839 and 840 of 2022 on February 24, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 838, 839, 840 of 2022 pending before SAT; adjourned and listed for hearing on 24.02.2023 vide order dated 09.02.2023
- SAT matter SATV-4490F67873967503F68BF538Further hearing in Appeal Nos. 838, 839, 840 and 1016 of 2022 listed for 20 October 2023Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were pending; the order dated 19 October 2023 adjourned them for further hearing on 20 October 2023.
- SAT matter SATV-A8FD50A58A4B5ADD199D0C87Adjourned due to non-availability of the bench · List on April 19, 2024Appeal: Appeal Nos. 838, 839, 840, 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending; adjourned on 15.02.2024 with no disposal
- SAT matter SATV-A3AD9B273E3BBD61D4F4C031List Appeal No. 840 of 2022 on November 10, 2022Appeal: Appeal No. 840 of 2022 with Misc. Application Nos. 1373 and 1374 of 2022 - mentioned on 07.11.2022, listed for 10.11.2022; no disposal yet
- SAT matter SATV-B0B674ED4C9E757EDC3230D3By consent, matters called on November 22, 2024 at 10.15 a.m.Appeal: Appeal Nos. 838 of 2022, 839 of 2022, 840 of 2022 and 1016 of 2022 with Misc. Application Nos. 1789 of 2022 and 1632 of 2022 pending; adjourned by consent to 22.11.2024, no disposal on merits
- SAT matter SATV-CAE291BDDBF1F2788A80944ABy consent, matter to be called on October 16, 2024Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending before SAT; adjourned by consent to 16.10.2024 with no disposal on merits
- SAT matter SATV-B9CBD86082F678AA28451424Noted respondent praecipe seeking listing of Misc. Applications on January 27, 2026Appeal: Misc. Application No. 85/2025 in Appeal 838/2022, 87/2025 in 839/2022, 88/2025 in 840/2022, 89/2025 in 1016/2022 pending; praecipe for listing on 27 January 2026
- SAT matter SATV-C9E01E20D92736AAB5944D88Heard. Order reserved on 03.04.2025Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 heard on 03.04.2025; order reserved
- SAT matter SATV-C2306D8700CA7E2F832860BAMisc. Applications to be listed on January 27, 2026 on respondent's praecipeAppeal: Misc. Application Nos. 85, 87, 88, 89 of 2025 in Appeal Nos. 838, 839, 840 and 1016 of 2022 pending; next listing January 27, 2026
- SAT matter SATV-48610E4145602D30B9176374By consent, the connected appeals were directed to be listed on 10 December 2024 at 10:30 a.m.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were pending and, by consent, adjourned for listing on 10 December 2024.
- SAT matter SATV-DD25035B0AD8E6758CB72883No time left today; listed for further hearing on October 19, 2023Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending; adjourned to October 19, 2023
- SAT matter SATV-DE5CD1DD24549FCCDA6FE591Arguments of the appellants are continuing · Listed for further hearing on Monday i.e. May 1, 2023Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 with Misc. Applications 1789/2022, 1632/2022, 67-69/2023 pending before SAT; arguments continuing as on 28.04.2023, next hearing 01.05.2023
- SAT matter SATV-F2BEEE8C9E1E7E9D0E2B3560Put up on October 4, 2023 for further hearing as respondent arguments continuingAppeal: Appeal Nos. 838, 839, 840, 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending, adjourned to 04.10.2023
- SAT matter SATV-FE0A62C32971B122562DBD67List on September 11, 2023 · Parties to act on digitally signed copy signed by Private Secretary on behalf of benchAppeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending; adjourned to September 11, 2023 with no disposal
- SAT matter SATV-56EC6BB38851A3C65CEE9FA6Hearing commenced in the connected applications and appeals · Matters listed for further hearing on 9 February 2023Appeal: Appeal Nos. 838 of 2022, 839 of 2022, 840 of 2022 and 1016 of 2022 were pending; hearing began and was adjourned to 9 February 2023.
- SAT matter SATV-6DEA91EB1A73AB3D5DA42B88By consent, list the appeals and connected miscellaneous applications on 13 March 2025 at 10:30 a.m.Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 were pending before SAT; by consent, called on 13 March 2025.
- SAT matter SATV-547772DEED53A5F3892CCFEDMisc. Applications to be listed on January 27, 2026 on respondent's praecipe
- SAT matter SATV-66D1BA031A157F6472E3178BAdjourned due to non-availability of the bench · List on April 19, 2024Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 pending; adjourned to April 19, 2024 with Misc. Applications 1789 and 1632 of 2022
- SAT matter SATV-6AB0F7EC36F20FA9D38AF9A9By consent, call on September 2, 2024
- SAT matter SATV-A4DC3B067AC4431550F38E08Hearing begun; listed for further hearing on February 9, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 pending; hearing begun, next hearing 09.02.2023
- SAT matter SATV-BDFA0AE13D0497DC0D60D1F9Adjourned due to non-availability of bench · List on June 26, 2024Appeal: Appeal Nos. 838, 839, 840, 1016 of 2022 pending; adjourned to June 26, 2024
- SAT matter SATV-C7DE978B0D28DD056ED1FF7EHeard counsel for appellants, respondent and intervener in person · Matter put up for continuation of arguments on October 30, 2023Appeal: Appeal Nos. 838, 839, 840 and 1016 of 2022 pending before SAT with Misc. Application Nos. 1789 and 1632 of 2022; adjourned to 30.10.2023
- SAT matter SATV-E14FB4DA868B2D960BCD93C5Heard in part · Listed for further arguments on 12.11.2024Appeal: Appeal Nos. 838, 839, 840, 1016 of 2022 with Misc Applications 1789 and 1632 of 2022 heard in part on 23.10.2024; next hearing 12.11.2024
Other
- SAT matter SATV-FA401E7DD3039B9FDEBC76C3Matter adjourned for the day on respondent request for physical hearing · List on August 9, 2023Appeal: Appeal Nos. 838, 839, 840, 1016 of 2022 with Misc. Applications 1789 and 1632 of 2022 pending, adjourned to August 9, 2023 with no disposal
Source: SecMarx — SCAL Services Ltd. & Ors.. 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.