Sarlaben Hiralal Shah

SAT-appeal

• Aiding and abetting a fraudulent scheme involving misleading corporate announcements, off-market transfers and market sales of Platinum Corporation shares; inaccurate shareholding disclosures and failure to make a mandatory open offer.
  Appeal: Appeal Nos. 303 of 2016, 306 of 2016, 374 of 2017, 375 of 2017, 376 of 2017, 62 of 2018 and 79 of 2018 challenging SEBI WTM order dated 12 August 2016; decision dated 28 June 2018
• Aiding and abetting a fraudulent scheme involving misleading corporate announcements, off-market transfer and market sale of promoter shares, fraudulent preferential allotment, misleading shareholding disclosures and failure to make an open offer.
  Appeals challenged the WTM order dated 12 August 2016; the extract does not contain the final operative decision on the appeals.
  Appeal: Appeal Nos. 303 and 306 of 2016, 374-376 of 2017, and 62 and 79 of 2018 were heard together; order dated 28 June 2018. Final disposal outcome is not included in the supplied extract.
• Aiding and abetting fraudulent scheme by Platinum Corporation Ltd and promoters via misleading announcements, off-market transfers and fraudulent preferential allotment.
  Restraint from dealing in securities market directly or indirectly · Disgorgement of unlawful gains made
  Appeal: Seven appeals Nos. 303, 306, 374, 375, 376 of 2016, 62 and 79 of 2018 against WTM order dated 12.08.2016; reserved 24.04.2018, decided 28.06.2018