SIC Stock & Services Pvt. Ltd.
SAT-appeal
- Allegedly facilitated synchronized trades, cross dealings, self-trades, and inflation of price and volume in Vertex Spinning Ltd. through fraudulent trade practices.Impugned SEBI order restraining the appellant from accepting new clients for three months was quashed. · Appeal allowed with no order as to costs.Appeal: Appeal No. 639 of 2021 decided on 2 September 2022; appeal allowed and impugned order quashed.
- SAT matter SATV-3D1834CC0F97E17664E69388Adjourned on request of learned counsel for respondent SEBI · List on July 27, 2022Appeal: Appeal No. 639 of 2021 pending before SAT, adjourned to July 27, 2022 with interim extended
Source: SecMarx — SIC Stock & Services Pvt. Ltd.. 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.