Shripal Shares and Securities Limited and Jitendra Harivansh Joshi

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

AO had imposed penalty of twice unlawful gains under Section 15HA; SAT reviewing calculation of unlawful gains and penalty

Circular trades in Sunteck Realty Limited creating misleading appearance of trading and inflating price for unjust enrichment
AO had imposed penalty of twice unlawful gains under Section 15HA; SAT reviewing calculation of unlawful gains and penalty
Appeal: Appeal Nos. 119, 120, 121, 122, 123, 124 of 2020 reserved on 20.09.2021 decided on 27.09.2021
Violation leading to 1-year securities market restraint per WTM order; specific charge not detailed in SAT order
Delays condoned; Misc. Applications Nos. 116-121 of 2020 allowed · Appeal Nos. 113-118 of 2020 dismissed as withdrawn on appellants' request
Appeal: Appeal Nos. 113-118 of 2020 with Misc. Applications 116-121 of 2020 (delay) disposed on 01.02.2021 as dismissed withdrawn

Source: SecMarx — Shripal Shares and Securities Limited and Jitendra Harivansh Joshi. 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.