Shri D. B. Jain

SAT-appeal

• SAT matter SATV-0E1E4DF4FE9B94D576FE4225
  By consent, the connected appeals and miscellaneous applications were adjourned and directed to be listed on 19 June 2024.
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022, 1031 of 2022 and 874 of 2023 were pending and adjourned by consent on 1 May 2024; no disposal on merits.
• SAT matter SATV-179D2BC09ED5150F52C8C5F8
  Appeals adjourned on the appellants' request · List the appeals on 21 November 2023
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022 and 1031 of 2022 were adjourned on 12 September 2023 and listed for 21 November 2023; no disposal on merits stated
• SAT matter SATV-19056C4B8A9AEF3DE37F78D9
  Three weeks' time granted to the appellants to file rejoinder · Matters listed on 31 July 2023
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022 and 1031 of 2022 were pending; rejoinder time granted and matters listed for 31 July 2023.
• SAT matter SATV-35B057FFEF36874C355117E6
  By consent, all matters were directed to be listed on 27 January 2025
  Appeal: Appeal Nos. 290 of 2022, 544 of 2022, 1031 of 2022 and 874 of 2023 were pending; by consent, listed on 27 January 2025
• SAT matter SATV-31A74A324CEC80A2DB437B21
  Appeals adjourned on the appellants' request · Matters listed for hearing on 21 November 2023
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022 and 1031 of 2022 were adjourned on 12 September 2023; next listed on 21 November 2023.
• SAT matter SATV-325B35B7CE4D4F71220B3C3B
  Connected matters to be listed together on 26 September 2024
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022, 1031 of 2022 and 874 of 2023 were listed; adjourned for hearing on 26 September 2024
• Fraudulent GDR issue by Nakoda Ltd where Vintage FZE subscription was funded by EURAM Bank loan secured by undisclosed pledge of GDR proceeds, falsely portraying genuine foreign investment.
  WTM order: restrain appellants from accessing securities market for 3 years from 14 Oct 2021 · AO order: monetary penalty of Rs.20 lakhs on D.B. Jain and Rs.15 lakhs on B.G. Jain
  Appeal: Appeal No.290 of 2022 against WTM order 14 Oct 2021 and Appeal No.1031 of 2022 with Misc. App 1579/2022 against AO order 30 Aug 2022 u/s 15T, reserved 23 July 2025, pronounced 6 Aug 2025
• Fraudulent GDR issue by Nakoda Ltd with undisclosed pledge to EURAM Bank securing Vintage FZE loan, falsely showing USD 24.25 mn foreign subscription.
  WTM restraint from securities market for 3 years from 14 Oct 2021 noted as having worked itself · AO monetary penalty noted; Tribunal holds fraudulent GDR scheme proved
  Appeal: Appeal No.290 of 2022 and Appeal No.1031 of 2022 with Misc. Appl.1579/2022 u/s 15T, reserved 23 Jul 2025, pronounced 06 Aug 2025
• SAT matter SATV-494A483617A114EDA2A1634B
  Matters adjourned and listed for 06 September 2024
  Appeal: Appeal Nos. 290 of 2022, 494 of 2022, 544 of 2022, 1031 of 2022 and 874 of 2023 were pending and adjourned on 01 August 2024; next date 06 September 2024.
• SAT matter SATV-4F4D33E7A17C307DF32040CB
  Connect Miscellaneous Application No. 1579 of 2022 and Appeal No. 1031 of 2022 with Appeal No. 209 of 2022 · List for admission on 9 January 2023
  Appeal: Appeal No. 1031 of 2022; connected with Appeal No. 209 of 2022 and listed for admission on 9 January 2023
• SAT matter SATV-7F87F2DC5CE108D39B330478
  Respondent granted three weeks to file reply in Appeal No. 1031 of 2022 · Rejoinder in Appeal No. 1031 of 2022 may be filed two weeks thereafter
  Appeal: Appeal Nos. 290, 494, 544 and 1031 of 2022 were pending; adjourned for pleadings and listed on 15 February 2023