Shreyans Credit & Capital Pvt. Ltd.

SAT-appeal

• SAT matter SATV-0352643C729E9AA6B08CFB9A
  Three weeks’ further time granted to appellants to file rejoinder affidavits · Matters listed for 11 February 2022
  Appeal: Appeal Nos. 406 to 412 of 2021 were pending; further time granted for rejoinders and listed on 11 February 2022
• SAT matter SATV-0C5AEDCBD5CDD14336FEA0E6
  Three weeks' further time granted to appellants to file rejoinder affidavits · Appeals listed for 11 February 2022
  Appeal: Appeal Nos. 406 to 412 of 2021; procedural order dated 6 January 2022 granting further time for rejoinders and listing matters on 11 February 2022
• Alleged coordinated manipulative trading and marking the close in Ruchi Soya during the last 30 minutes of trading on 27 September 2012, artificially raising the cash-market price and futures settlement price to reduce losses.
  Appeal: Appeal Nos. 406-412 of 2021 and 433-440 of 2022 were heard together; decision dated 10 November 2023. The extracted text does not state the final disposal directions.
• Alleged marking-the-close manipulation in Ruchi Soya on 27 September 2012 by coordinated cash-market trades that raised the futures settlement price and reduced losses on long futures positions.
  Appeal: Appeal Nos. 406-412 of 2021 and 433-440 of 2022 were filed against the WTM order dated 19 March 2021 and AO order dated 29 April 2022; decision dated 10 November 2023. Disposition not stated in supplied text.
• Alleged coordinated manipulative trading and marking the close in Ruchi Soya’s cash-market scrip on 27 September 2012 to raise the futures settlement price and reduce losses.
  Appeal: 15 appeals, including Appeal Nos. 406-412 of 2021 and 433-440 of 2022, were heard together; decision dated 10 November 2023. Earlier impounding order was set aside by SAT on 14 September 2016.
• SAT matter SATV-1BA551EF0C3CA7B6B805DDBA
  Appellants granted three weeks to file rejoinder · Matters listed for 30 September 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 were pending; rejoinder permitted and matters listed for 30 September 2021
• SAT matter SATV-30258CBF6B866252821FC2DE
  Three weeks’ further time granted to appellants to file rejoinder affidavits · Matters listed for 11 February 2022
  Appeal: Appeal Nos. 406 to 412 of 2021 were pending; further time granted for rejoinders and matters listed on 11 February 2022
• SAT matter SATV-3CAAF2F3385AC64D294A48E2
  Three weeks time allowed to appellants to file rejoinder · List appeals on September 30, 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 pending before SAT; adjourned to September 30, 2021
• Alleged 'marking the close' in Ruchi Soya on Sept 27, 2012 to inflate cash-market price and futures settlement price, reducing losses on long futures positions.
  WTM to disgorge unlawful gains with 12% p.a. interest as per para 73 of order · AO penalty of Rs.25 lakh to be paid jointly and severally by all noticees
  Appeal: Appeal Nos.406-412/2021 vs WTM order and 433-440/2022 vs AO order; hearing 12.05.2023, decision 10.11.2023
• Alleged 'marking the close' in Ruchi Soya on 27 Sep 2012; connected entities acting in concert manipulated cash price in last 30 mins to inflate futures expiry settlement and cut losses.
  Disgorge unlawful gains with 12% p.a. interest as per para 73 of WTM order · Pay penalty of Rs 25 lakh jointly and severally per AO order
  Appeal: Appeal Nos. 406-412 of 2021 vs WTM order and Appeal Nos. 433-440 of 2022 (plus 466/2022) vs AO order; heard 12.05.2023, decided 10.11.2023, taken together
• Alleged 'marking the close' in Ruchi Soya on 27.09.2012 to inflate cash settlement price and cut losses on expiring long futures.
  Disgorge unlawful gains with 12% p.a. interest as per para 73 of WTM order · Pay Rs.25 lakh penalty jointly and severally per AO order
  Appeal: 15 SAT appeals 406-412/2021 and 433-440/2022 heard 12.05.2023, decided 10.11.2023; final SAT findings truncated in excerpt
• SAT matter SATV-7D93EC57EA505190C83D7C83
  List for further hearing on May 12, 2023
  Appeal: Appeal Nos. 406-412 of 2021 and 433-440 of 2022 pending before SAT; adjourned to 12 May 2023 vide order dated 28.04.2023; no disposal
• SAT matter SATV-45ADAD732971AC5AD1F1D136
  Appellants granted three weeks to file rejoinder · Matters listed for 30 September 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 were pending; rejoinder time granted and matters listed for 30 September 2021
• Alleged 'marking the close' in Ruchi Soya on 27 Sept 2012 by connected group manipulating cash price in last 30 mins to inflate futures settlement and reduce losses.
  WTM directed noticees to disgorge unlawful gain with 12% p.a. interest as per para 73 of impugned order · AO directed joint and several penalty of Rs. 25 lakh on all noticees
• SAT matter SATV-C137486CBE23B4129083662F
  Three weeks further time allowed to appellants to file rejoinder affidavit · Matter listed on February 11, 2022
• Alleged 'marking the close' by connected group in Ruchi Soya in last 30 mins on 27 Sept 2012 to inflate cash settlement price and cut losses on long futures positions.
  WTM directed noticees to disgorge unlawful gains with 12% p.a. interest as per para 73 of impugned order · AO directed joint and several penalty of Rs.25 lakh on all noticees
  Appeal: 15 appeals Nos.406-412 of 2021 vs WTM order and Nos.433-440, 466 of 2022 vs AO order heard together; hearing 12.05.2023, decision 10.11.2023
• Alleged marking the close in Ruchi Soya on 27 Sep 2012 to inflate cash-market closing price and futures settlement price to reduce losses on long futures positions.
  Disgorge unlawful gains with 12% p.a. interest as quantified in para 73 of WTM order · Pay Rs 25 lakh penalty jointly and severally by all noticees per AO order
  Appeal: 15 SAT appeals Nos 406-412/2021 vs WTM order and Nos 433-440/2022 vs AO order; heard 12.05.2023, decided 10.11.2023
• SAT matter SATV-DFE2C59E5F874EDC549980CF
  Three weeks time allowed to appellants to file rejoinder · List on September 30, 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 pending before SAT; rejoinder allowed, next listing September 30, 2021
• SAT matter SATV-CD89843B001A61B064E14B58
  Three weeks time allowed to appellants to file rejoinder · Matter listed on September 30, 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 against SEBI heard on 23.08.2021; not disposed, adjourned to 30.09.2021 for rejoinder
• SAT matter SATV-D4A2E5912B11DD016F77DE67
  Three weeks further time allowed to appellants to file rejoinder affidavit · List matter on February 11, 2022
  Appeal: Appeal Nos. 406 to 412 of 2021 pending; adjourned for rejoinder filing, next listing February 11, 2022
• SAT matter SATV-FB05146B2191F852D285F04E
  Hearing continuing; matter put up on April 28, 2023 for arguments of respondent · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Hearing continuing in Appeal Nos. 406-412 of 2021 and 433-440 of 2022; adjourned to 28.04.2023 for respondent arguments
• Alleged 'marking the close' in Ruchi Soya on 27.09.2012 to inflate cash settlement price and reduce losses on expiring long futures positions.
  WTM directed noticees to disgorge unlawful gain with 12% p.a. interest as per para 73 · AO directed Rs.25 lakh penalty to be paid jointly and severally by all noticees
  Appeal: Appeal Nos.406-412 of 2021 vs WTM order and Appeal Nos.433-440 of 2022 vs AO order, heard 12.05.2023, decided 10.11.2023
• SAT matter SATV-4FDFD354358018F326887206
  Three weeks time allowed to appellants to file rejoinder · List appeals on September 30, 2021
  Appeal: Appeal Nos. 406 to 412 of 2021 pending; procedural order dated 23.08.2021 grants rejoinder time; next listing September 30, 2021
• SAT matter SATV-85C3C2C626005F6A48ED47AF
  Three weeks time allowed to appellants to file rejoinder · List on September 30, 2021
  Appeal: Appeal Nos. 406, 407, 408, 409, 410, 411 and 412 of 2021 pending before SAT; adjourned to September 30, 2021 for filing rejoinder
• Alleged marking the close in Ruchi Soya on Sep 27, 2012 - connected group inflated cash price in last 30 mins to raise futures settlement price and cut losses on long futures.
  WTM directed noticees to disgorge unlawful gains with 12% p.a. interest per para 73 of order dated March 19, 2021 · AO directed joint and several penalty of Rs. 25 lakh vide order dated April 29, 2022
  Appeal: Appeal Nos. 406-412 of 2021 and 433-440 of 2022 vs WTM Mar 19, 2021 and AO Apr 29, 2022; heard May 12, 2023, decision Nov 10, 2023
• SAT matter SATV-C6C0B153F44BAFA20752B725
  Three weeks further time allowed to appellants to file rejoinder affidavit · List appeals on February 11, 2022
  Appeal: Appeal Nos. 406, 407, 408, 409, 410, 411, 412 of 2021 pending before SAT; adjourned and listed on February 11, 2022
• Alleged 'marking the close' in Ruchi Soya on 27 Sept 2012 to inflate cash closing/settlement price and cut losses on long futures expiring that day.
  Disgorge unlawful gains with 12% p.a. interest as specified in para 73 of WTM order · Pay penalty of Rs.25 lakh jointly and severally per AO order
• Alleged 'marking the close' in Ruchi Soya in NSE cash market in last 30 minutes on September 27, 2012 to inflate futures settlement price and reduce losses on long futures expiring that day.
  WTM directed noticees to disgorge unlawful gain with 12% p.a. interest as specified in para 73 of order · AO directed joint and several penalty of Rs. 25 lakh on all noticees
  Appeal: 15 appeals Nos. 406-412 of 2021 against WTM order and Nos. 433-440 of 2022 against AO order; heard 12.05.2023, decided 10.11.2023
• Alleged concerted 'marking the close' in Ruchi Soya cash segment on 27 Sept 2012 to inflate futures settlement price and cut losses on long futures expiring that day.
  Disgorgement of unlawful gains with 12% p.a. interest as per para 73 of WTM order · Penalty of Rs.25 lakh jointly and severally by all noticees per AO order
• Alleged concerted 'marking the close' in Ruchi Soya on 27 Sep 2012 inflating cash price from Rs 70.65 to Rs 78.65 to set higher futures settlement and avoid losses on long positions.
  WTM directed noticees to disgorge unlawful gain with 12% p.a. interest as specified in para 73 of order dated 19 March 2021 · AO directed joint and several penalty of Rs 25 lakh vide order dated 29 April 2022
  Appeal: 15 appeals: Nos.406-412 of 2021 vs WTM order and Nos.433-440 of 2022 (incl 466 of 2022) vs AO order; hearing 12.05.2023, decision 10.11.2023
• SAT matter SATV-DCFC7F5115A3B8B7DB72F5E3
  Three weeks' further time allowed to appellants to file rejoinder affidavit · List appeals on February 11, 2022
  Appeal: Appeal Nos. 406 to 412 of 2021 pending before SAT; three weeks granted for rejoinder, next listed on 11 February 2022