Samaresh Pathak

SAT-appeal

• Alleged manipulative and non-genuine trading in Dhanleela Investments and Trading Company Ltd. to create a misleading appearance and increase the scrip price.
  Appeal: Multiple appeals, including Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520 and 521 of 2020, were heard together; decision dated 16 February 2021. The provided text does not include the final operative disposal.
• Alleged manipulative and non-genuine trading in Dhanleela Investments and Trading Company Ltd. by placing limited sell orders against existing demand, creating a misleading appearance and increasing the scrip price.
  Appeal: Multiple appeals, including Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520 and 521 of 2020, were heard together against the common AO order dated 9 January 2020; disposal outcome is not present in the supplied text.
• Alleged manipulation of Dhanleela Investments and Trading Company Ltd.'s share price through non-genuine, minuscule sell trades, pending buy orders and related off-market transactions, creating a misleading appearance of trading.
  Appeal: Multiple connected appeals against the AO's common order dated 9 January 2020; decision dated 16 February 2021. Disposition is not included in the provided text.
• Alleged non-genuine trading in Dhanleela Investments scrip by selling miniscule quantities despite large holdings to create misleading appearance and inflate price.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020 against AO order dated 9 Jan 2020; reserved 4 Jan 2021, decided 16 Feb 2021
• Alleged manipulation of Dhanleela Investments scrip price through non-genuine trading pattern instrumental in increasing price, violative of PFUTP Regulations 3 and 4.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020 before SAT; Order Reserved 4.1.2021, Date of Decision 16.2.2021
• Alleged non-genuine trading in Dhanleela scrip by selling miniscule quantities despite large holdings to create misleading appearance and jack up price, violative of PFUTP Regs 3 and 4.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020 against AO order dated 9 January 2020; reserved 4.1.2021, decided 16.2.2021 together
• Alleged non-genuine trading in Dhanleela Investments scrip creating misleading appearance and jacking up price in violation of PFUTP Regulations 3 and 4.
  Appeal: Appeal Nos. 332,345,314,322,350,353,355,367,368,382,383,387,388,407,421,425,410,519,520,521 of 2020; Reserved 4.1.2021, Decision 16.2.2021; disposal not in excerpt
• Alleged price manipulation in Dhanleela Investments scrip via non-genuine miniscule sell trades creating misleading appearance and jacking up price.
  Impugned AO order dated 9 January 2020 imposed cumulative penalty of Rs 1,83,00,000 on 29 entities
  Appeal: Appeal Nos 332,345,314,322,350,353,355,367,368,382,383,387,388,407,421,425,410,519,520,521 of 2020 vs AO order 9 Jan 2020; reserved 4.1.2021, decision 16.2.2021
• Alleged non-genuine miniscule selling in Dhanleela scrip creating misleading appearance and jacking price, violative of PFUTP Regs 3-4.
  Appeal: Connected Appeals 332,345,314,322,350,353,355,367,368,382,383,387,388,407,421,425,410,519,520,521 of 2020; reserved 04.01.2021, decided 16.02.2021
• Alleged non-genuine trading in Dhanleela scrip creating misleading appearance and jacking up price via miniscule sales despite large holdings and pending demand.
• Alleged non-genuine trading in Dhanleela Investments scrip to inflate price via miniscule sell orders despite large holdings
  Appeal: Appeal Nos.332,345,314,322,350,353 of 2020 and connected appeals; reserved 4.1.2021, decided 16.2.2021
• Appellants sold miniscule quantities despite large holdings while huge buy orders pending, creating misleading appearance and inflating price of Dhanleela scrip in violation of PFUTP Regulations 3 and 4.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020; Order Reserved on 4.1.2021; Date of Decision 16.2.2021
• Alleged price manipulation in Dhanleela Investments scrip via non-genuine trading pattern instrumental in increasing price, violating PFUTP Regs 3 and 4.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353 etc. of 2020 and connected appeals; reserved on 4.1.2021, decided on 16.2.2021 by common order
• Alleged non-genuine miniscule selling by substantial holders despite pending buy demand to inflate Dhanleela scrip price, violating PFUTP Regulations 3 and 4.
• Alleged price manipulation in Dhanleela scrip by non-genuine miniscule sells creating misleading appearance, violating Regulations 3 and 4 of PFUTP Regulations, 2003
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020; Reserved 4.1.2021, Decided 16.2.2021
• Alleged non-genuine trading in Dhanleela Investments to inflate price, creating misleading appearance and violating PFUTP Regulations 3 and 4.
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353 etc. of 2020; reserved 4.1.2021, decided 16.2.2021; operative disposal truncated
• Alleged price manipulation in Dhanleela Investments scrip via non-genuine miniscule sell trades creating misleading appearance and raising price.
  AO imposed cumulative penalty of Rs.1,83,00,000 on 29 entities for PFUTP violations; SAT heard all appeals together
• Appellants allegedly executed non-genuine miniscule sell trades despite large holdings amid huge pending buy demand to create misleading appearance and inflate price of scrip.
  AO vide order dated 9 January 2020 imposed cumulative penalty of Rs.1,83,00,000 on 29 entities for violation of Regulations 3 and 4 PFUTP Regulations, 2003
  Appeal: Appeal Nos. 332, 345, 314, 322, 350, 353, 355, 367, 368, 382, 383, 387, 388, 407, 421, 425, 410, 519, 520, 521 of 2020 against AO order dated 9 January 2020; Order Reserved on 4.1.2021, Date of Decision 16.2.2021
• Alleged non-genuine trading in Dhanleela Investments scrip by selling miniscule quantities despite large holdings to inflate price and create misleading appearance.
  Appeal: 20 appeals Nos 332,345,314,322,350,353,355,367,368,382,383,387,388,407,421,425,410,519,520,521 of 2020; reserved 04.01.2021, decided 16.02.2021
• Alleged non-genuine trading in Dhanleela scrip - selling miniscule quantities despite large holdings amid buy demand to inflate price and create misleading appearance.
  Appeal: Appeal Nos. 332,345,314,322,350,353,355,367,368,382,383,387,388,407,421,425,410,519,520,521 of 2020; reserved 4 Jan 2021, decided 16 Feb 2021