Sanjay Das

SAT-appeal

• Cemendia Infrastructures Ltd. and its directors allegedly illegally collected money through NCDs in violation of public issue norms.
  Appeals challenging the Recovery Officer proceedings were dismissed. · Appellants may raise all submissions before the Recovery Officer, who must deal with them.
  Appeal: Appeal Nos. 12 to 21 of 2020 dismissed on 21 February 2020.
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms; liable jointly/severally for refund.
  Appeals dismissed; no error found in Recovery Officer order at this stage · All submissions may be raised before Recovery Officer who will deal with them
  Appeal: Appeal Nos. 12 to 21 of 2020 decided and dismissed on 21.02.2020
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms, leading to joint and several refund liability.
  Appeal Nos. 12 to 21 of 2020 dismissed · No interference with Recovery Officer proceedings at this stage
  Appeal: Appeal Nos. 12 to 21 of 2020 decided and dismissed on 21.02.2020; no further appeal mentioned
• Cemendia Infrastructures Ltd and its directors illegally collected money through NCDs in violation of public issue norms.
  Appeals dismissed; no error found in Recovery Officer order at this stage · All submissions of appellants may be raised before Recovery Officer
  Appeal: Appeal Nos. 12 to 21 of 2020 decided and dismissed on 21.02.2020
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms.
  Appeals No. 12 to 21 of 2020 dismissed · All submissions may be raised before Recovery Officer who will deal with them
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms
  Appeal Nos. 12 to 21 of 2020 dismissed, no error in Recovery Officer order · Appellants may raise all submissions before Recovery Officer who will deal with it
  Appeal: Appeal Nos. 12 to 21 of 2020 dismissed vide SAT order dated 21.02.2020
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms and failed to refund.
  Appeal Nos. 12 to 21 of 2020 dismissed · No error found in Recovery Officer order at this stage
  Appeal: Appeal Nos. 12,13,14,15,16,17,18,19,20 and 21 of 2020 dismissed by SAT on 21.02.2020
• Cemendia Infrastructures Ltd and its directors illegally collected money through NCDs in violation of public issue norms.
  Appeals dismissed; no error found in Recovery Officer order at this stage. · All submissions may be raised before Recovery Officer who will deal with them.
  Appeal: Appeal Nos. 12 to 21 of 2020 dismissed by SAT on 21.02.2020
• Cemendia Infrastructures Ltd and directors illegally collected money through NCDs in violation of public issue norms.
  Appeal Nos. 12 to 21 of 2020 dismissed · No interference with Recovery Officer order at this stage
  Appeal: Appeal Nos. 12 to 21 of 2020 decided and dismissed on 21.02.2020
• Illegal collection of money through non-convertible debentures in violation of public issue norms; appellants were treated as officers in default and jointly and severally liable for refund.
  Appeals Nos. 12 to 21 of 2020 dismissed. · Appellants may raise all submissions before the Recovery Officer.
  Appeal: Appeal Nos. 12 to 21 of 2020 dismissed by SAT on 21 February 2020.