Sandeep Sabharwal

SAT-appeal

• Prima-facie cornering of Mentha Oil by NEFM via Group A/B front entities exceeding position limits, deemed fraud and manipulation.
  Restrain 26 entities from buying, selling, dealing or associating with securities market till further directions · Freeze existing securities holdings including mutual fund units during restraint period
  Appeal: Appeal Nos. 80-86 of 2019 before SAT, hearing 07.03.2019, decision 12.03.2019, posted for admission and interim order
• Prima-facie cornering of Mentha Oil by NEFM via front Group A/B entities exceeding position limits, amounting to fraud and manipulation under Sec 12A and PFUTP Regs 3, 4.
  Restrain 26 entities from buying, selling, dealing or being associated with securities market till further directions · Freeze existing securities holdings including mutual fund units during restraint
  Appeal: Appeal Nos. 80 to 86 of 2019 against WTM ex-parte interim order dated 28 Feb 2019, posted for admission and interim order, heard 07.03.2019, decided 12.03.2019
• Prima-facie cornering of Mentha Oil by NEFM via Group A and B front entities, violating position limits and constituting fraud/manipulation under Section 12A r/w PFUTP Regulations 3 and 4.
  Restrain 26 entities/Noticees from buying, selling or dealing in securities market directly or indirectly till further directions · Existing holdings including mutual fund units to remain frozen during restraint period
  Appeal: Appeal Nos. 80, 81, 82, 83, 84, 85, 86 of 2019 against WTM ex-parte interim order dated 28 February 2019; SAT hearing 07 March 2019, decision 12 March 2019 for admission and interim order
• Prima-facie cornering of Mentha Oil via front/proxy Group A and B entities funded by NEFM, breaching position limits and constituting fraud/manipulation under Sec 12A and PFUTP Regs 3,4.
  Restrain 26 entities/Noticees from buying, selling, dealing or associating with securities market till further directions · Freeze existing holding of securities including mutual fund units during restraint period
  Appeal: Appeal Nos. 80,81,82,83,84,85,86 of 2019 against WTM ex-parte interim order dated 28 Feb 2019; posted for admission and interim order, hearing 07.03.2019, decision 12.03.2019
• Prima-facie cornering of Mentha Oil stocks by NEFM through funded front/proxy Group A and B entities, breaching position limits and fraudulent manipulation of futures and physical market.
  Restrain 26 entities/Noticees from buying, selling or dealing in securities market directly/indirectly till further directions pending investigation · Existing holdings of Noticees including mutual fund units to remain frozen during restraint period
  Appeal: Appeal Nos. 80-86 of 2019 against WTM ex-parte interim order dated 28 February 2019; SAT hearing 07 March 2019, decision 12 March 2019, posted for admission and interim order
• Prima-facie cornering of Mentha Oil deliverable stock by NEFM through Group A/B front entities in violation of position limits, amounting to fraud and manipulation under Sec 12A and PFUTP Regs 3-4.
  Restrain 26 entities/Noticees from buying, selling or dealing in securities market directly/indirectly till further directions · Existing holding of securities including mutual fund units to remain frozen during restraint
  Appeal: Appeal Nos. 80, 81, 82, 83, 84, 85, 86 of 2019 heard on 07.03.2019, date of decision 12.03.2019, posted for admission and interim order
• Prima-facie cornering of Mentha Oil via NEFM funding Group A/B fronts to breach position limits and manipulate futures and physical market.
  Restrain 26 entities from buying/selling/dealing or associating with securities market till further directions · Freeze existing holdings including mutual fund units during restraint period
  Appeal: Appeal Nos 80-86 of 2019 against WTM ex-parte order 28 Feb 2019 posted for admission and interim order