Shri Suresh Hegde

SAT-appeal

• SAT matter SATV-12CAA872AD2EB36B9AFA6A6A
  List Appeal No. 694 of 2021 and Appeal No. 61 of 2022 on 1 August 2022
  Appeal: Appeal No. 694 of 2021 (Sapna Karmokar) and Appeal No. 61 of 2022 (Shri Suresh Hegde and Anr.); order dated 4 July 2022 directed listing on 1 August 2022
• SAT matter SATV-1F42707D8B19A24F774AB8E0
  List Appeals Nos. 61 of 2022, 653 of 2022 and 815 of 2022 on 10 January 2023
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022 were listed together; no disposal on merits stated.
• SAT matter SATV-23459CFE6BE51E012D79338B
  Three weeks granted to the appellant to file rejoinder · Matter listed for 16 February 2023
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022 were pending; rejoinder time granted and matters listed for 16 February 2023.
• SAT matter SATV-3431F4986DCA79B980B01630
  Appeal No. 61 of 2022 adjourned and listed on 21 June 2023 · Respondent's delayed reply condoned and taken on record
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022 were pending before SAT; order dated 6 June 2023 adjourned proceedings and listed them on 21 June 2023
• SAT matter SATV-367FDD2F750220324846AC78
  Appeal No. 61 of 2022 adjourned and listed on 24 March 2023 · Appeal No. 653 of 2022 adjourned and listed on 24 March 2023
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022 adjourned on 16 February 2023; next listing fixed for 24 March 2023
• SAT matter SATV-328C02138F70D62E23823F33
  Both appeals were listed for further hearing on 5 September 2022. · Parties were directed to act on the digitally signed copy of the order.
  Appeal: Appeal Nos. 694 of 2021 and 61 of 2022 were pending and listed for 5 September 2022; no final disposal recorded.
• SAT matter SATV-43F4D307B96D2A3639C731BD
  Respondent's reply in the connected appeal taken on record · Application No. 286 of 2022 allowed
  Appeal: Appeal No. 694 of 2021 and Appeal No. 61 of 2022 were pending; listed for 13 June 2022. Miscellaneous Application No. 286 of 2022 allowed.
• Deviation from IPO prospectus objects and siphoning of Rs 64.43 crore IPO proceeds with concocted sales and misstated financials 2008-09 to 2010-11.
  WTM order restrained Deepak Shenoy 7 years from market and from director/KMP posts under challenge · AO order imposed Rs 12 lakh joint and several penalty on five noticees under challenge
  Appeal: Appeal No.61/2022, 653/2022, 815/2022 against WTM orders 20 April 2021 and AO order 31 May 2022; heard 07.07.2023, decided 04.09.2023
• SAT matter SATV-90CD5BE6F7BA120B788DF74F
  Adjourned on request of counsel for respondent and listed on April 21, 2022 · Respondent to file reply in connected appeal within two weeks from 24.03.2022
  Appeal: Appeal No. 694 of 2021 and Appeal No. 61 of 2022 adjourned on respondent request; next listing April 21, 2022
• SAT matter SATV-DC8A725861E4249F525B572A
  Adjourned on request of learned counsel for the appellant · List on March 24, 2023
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022, 815 of 2022 with Misc. Application No. 1595 of 2022 adjourned vide order dated 16.02.2023; next listing March 24, 2023
• SAT matter SATV-F070C60C4FD92B22EEF1FCA9
  Delay of 175 days in filing Appeal No. 61 of 2022 condoned; Misc. Application No. 1341 of 2021 allowed · Exemption application Misc. Application No. 106 of 2022 dismissed as infructuous as certified copy filed
  Appeal: Appeal No. 61 of 2022 pending before SAT; 175-day delay condoned; connected with Appeal No. 694 of 2021; next listing 24 March 2022
• SAT matter SATV-5CB145A74F63FDEE785C83D9
  Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022, along with Miscellaneous Application No. 1595 of 2022, listed for hearing on 6 June 2023
  Appeal: Appeal Nos. 61 of 2022, 653 of 2022 and 815 of 2022 were pending; adjourned on 27 April 2023 and listed for 6 June 2023
• Deviation from IPO prospectus objects and siphoning of Rs.64.43 crore IPO proceeds of Sudar Industries Ltd. with misstated sales/financials for FY 2008-09 to 2010-11.
  WTM 20 April 2021: Deepak Shenoy restrained from accessing/buying/selling/dealing and from director/KMP post for 7 years · AO 31 May 2022: Rs.12 lakh penalty jointly and severally on five noticees including Deepak Shenoy
  Appeal: Appeal Nos.61 of 2022, 653 of 2022, 815 of 2022 heard on 07.07.2023, decided on 04.09.2023 by common SAT order
• SAT matter SATV-B9BAA50DDBE2CF470C7DA436
  List on November 29, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual charges
  Appeal: Appeal No. 61 of 2022 heard on 10.10.2022, adjourned to November 29, 2022; no disposal
• Deviation from IPO objects stated in prospectus and siphoning of Rs 64.43 crore from Rs 69.97 crore IPO proceeds aided by inflated sales and mis-stated financials for 2008-09 to 2010-11.
  All three appeals decided together as common issue involved (final relief truncated in excerpt)