Samradha Finstock Pvt. Ltd.

SAT-appeal

• Circular synchronized/matched reverse trades in Tasc Pharmaceuticals Ltd. with a group of traders to create artificial volumes
  Appeal dismissed, adjudication penalty upheld · No order as to costs
  Appeal: Appeal No. 105 of 2011 dismissed by SAT on 27.07.2011
• Indulging in unfair trade practices as per AO ex parte order dated 30 July 2009 imposing Rs 25 lacs penalty
  Impugned AO ex parte order dated 30 July 2009 set aside · Case remitted to adjudicating officer for fresh order in accordance with law
  Appeal: Appeal No. 262 of 2009 with Misc. Application No. 97 of 2009 allowed by SAT on 12.1.2010; remanded for fresh adjudication