Shobha Sudhakar Acharya

7 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Penalty of Rs. 2 lakh stayed during pendency of appeal

SAT-appeal

Alleged responsibility for wrongful disclosures in Acropetal Technologies Ltd.'s IPO prospectus, in connection with non-utilization and diversion of IPO proceeds and deviations from stated issue objects.
Impugned order quashed insofar as it related to the appellant · Appeal allowed with no order as to costs
Appeal: Appeal No. 353 of 2022 allowed by SAT on 6 February 2023
Penalized as Company Secretary for being signatory on declaration form at page 350 of paper book.
Penalty of Rs. 2 lakh stayed during pendency of appeal · Respondent to file reply within three weeks; rejoinder within three weeks thereafter
Appeal: Appeal No. 353 of 2022 with Misc. Applications Nos. 630-632 of 2022 pending; penalty stayed on 06.07.2022; next listing August 24, 2022
SAT matter SATV-6C7E5D30E89062D9074591CA
List on 2 December 2022
Appeal: Appeal No.353 of 2022 with Misc. Application No.632 of 2022 and Misc. Application No.1118 of 2022 pending, listed on 2 December 2022
SAT matter SATV-836FE158CAACEA377DDCB7EB
Three weeks' time allowed to appellant to file rejoinder · Matter listed on September 27, 2022
Appeal: Appeal No. 353 of 2022 with Misc. Application No. 632 of 2022 pending; next listed on September 27, 2022
SAT matter SATV-AE72A7F745D95BA00FBA10C1
Physical copy of rejoinder may be filed within three weeks · List the matter on November 10, 2022
Appeal: Appeal No. 353 of 2022 with Misc. Application No. 632 of 2022 pending before SAT, next listed on November 10, 2022
SAT matter SATV-C7069071F4F46D4CC468AC98
Order reserved after hearing counsel for parties · Parties to act on digitally signed copy of order
Appeal: Appeal No. 353 of 2022 with Misc. Application Nos. 632 of 2022 and 1118 of 2022 - heard on 17.01.2023, order reserved
SAT matter SATV-D067D256C576C471FDBD71F0
Adjourned on request of the appellant · List on January 17, 2023
Appeal: Appeal No. 353 of 2022 with Misc. Application No. 632 of 2022 and Misc. Application No. 1118 of 2022 pending; adjourned to January 17, 2023

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Source: SecMarx — Shobha Sudhakar Acharya. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.