Subhash Chandra

SAT-appeal

• SAT matter SATV-142D2C7F2C253F9310B8D534
  List Miscellaneous Applications Nos. 28, 171 and 234 of 2024 and Appeal No. 132 of 2024 for further hearing on 19 March 2024
  Appeal: Appeal No. 132 of 2024 was pending before SAT; listed for further hearing on 19 March 2024.
• SAT matter SATV-1949BCE4C6270A3441DD92B3
  By consent, the matters were adjourned and listed on 03 September 2024.
  Appeal: Appeal No. 132 of 2024 was pending before SAT; by consent, it was listed for 03 September 2024.
• SAT matter SATV-1C36CD977A039FEF5E1A71B7
  Matter adjourned on the respondent's request · List for admission on 26 February 2024
  Appeal: Appeal No. 132 of 2024 was pending before SAT; adjourned on 22 February 2024 and listed for admission on 26 February 2024.
• SAT matter SATV-1942B988F73C6B48F8A74B3F
  Review Application No. 20 of 2025 was directed to be called on 11 July 2025
  Appeal: Review Application No. 20 of 2025 in Appeal No. 132 of 2024; order dated 9 July 2025; matter listed for 11 July 2025
• SAT matter SATV-2249B609C2D245CA74B2A8FF
  List Misc. Application Nos. 748-749 of 2023 and Appeal Lodging No. 460 of 2023 on June 15, 2023 · Parties to act on digitally signed copy of order; certified copy available from Registry
  Appeal: Misc. Application Nos. 748 and 749 of 2023 and Appeal Lodging No. 460 of 2023 by Subhash Chandra vs SEBI pending; next listing June 15, 2023, no disposal yet
• SAT matter SATV-3AEC5FB8261A4C482264A48A
  Matter heard and order reserved · Liberty granted to file written submissions within a week
  Appeal: Appeal No. 132 of 2024 heard; order reserved on 19 December 2024
• Issuance of Letter of Comfort dated 4 Sep 2018 pledging ZEEL Rs 200 crore FD for 7 related Essel entities without Board approval, appropriated by Yes Bank; alleged fund siphoning and round-tripping violating LODR.
  Noticees to cease to hold director or KMP in any listed company or subsidiaries until further orders (WTM interim) · ZEEL to place 12 June 2023 order before Board within 7 days of receipt
  Appeal: Appeal Nos. 492 and 493 of 2023 with Misc. Appl. 731,732,748,749 reserved 27.06.2023 decided 10.07.2023 against WTM interim order
• SAT matter SATV-47AA54119137578A9F14559E
  Matter to be called on 09.07.2025 as prayed for by appellant
  Appeal: Review Application No. 20 of 2025 in Appeal No. 132 of 2024 - adjourned vide order dated 08.07.2025 to 09.07.2025
• SAT matter SATV-6E9668104081B03CE2FA527F
  Hearing stated and continuing; listed on June 26, 2023 for further hearing
  Appeal: Appeal No. 492 of 2023 (Punit Goenka) and Appeal No. 493 of 2023 (Subhash Chandra) pending; hearing continuing as on 19.06.2023
• SAT matter SATV-8057B887192B02E2918EE59A
  Review Application No. 20 of 2025 dismissed, no error apparent in order dated May 02, 2025 · Pending interlocutory applications disposed of with no costs
  Appeal: Review Application No. 20 of 2025 in Appeal No. 132 of 2024 seeking review of SAT order dated May 02, 2025 dismissed on July 11, 2025
• SAT matter SATV-821DB1E5E7018AD3A4D145CB
  By consent, call on July 29, 2024
  Appeal: Appeal No. 132 of 2024 with Misc. Applications 28, 171 and 234 of 2024 - adjourned by consent to July 29, 2024
• SAT matter SATV-956BB086E3D163E3ED21BD26
  Appeal listed for admission on June 18, 2024 · No orders passed on stay application pending admission
  Appeal: Appeal No. 132 of 2024 with 100 days delay pending admission; condonation and stay via Misc. Applications 28, 171, 234 of 2024 not decided; prior appeal against June 12, 2023 order disposed July 10, 2023
• SAT matter SATV-97C17DB86AB662F7B574A5C5
  Hearing continuing; listed on June 26, 2023 for further hearing · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal No. 492 of 2023 (Punit Goenka) and Appeal No. 493 of 2023 (Subhash Chandra) pending; hearing continuing as on 19.06.2023
• Issuance of Letter of Comfort dated 4 Sep 2018 without Board approval causing Yes Bank to appropriate ZEEL Rs 200 cr FD for related-party loans; prima facie siphoning/round-tripping of funds.
  Noticees to cease to hold director or Key Managerial Personnel post in any listed company or subsidiaries until further orders per WTM order 12 June 2023 · ZEEL to place WTM order dated 12 June 2023 before Board of Directors within 7 days from receipt
  Appeal: Appeal Nos. 492 and 493 of 2023 with Misc. Applications 731,732,748,749 of 2023 against WTM ex parte order dated 12 June 2023; reserved 27.06.2023, decision 10.07.2023
• SAT matter SATV-4888DC263910A3D8AEFCFFD5
  Respondent granted 10 days to file its reply · Matter listed on 8 March 2024
  Appeal: Appeal No. 132 of 2024 was pending; on 26 February 2024, 10 days were granted to SEBI to file its reply and the matter was listed for 8 March 2024.
• SAT matter SATV-BF098E0292ABF1C814230ED1
  Additional affidavit filed by SEBI on 27.6.2023 taken on record · Arguments heard, order reserved
  Appeal: Appeal No.492 of 2023 (Punit Goenka) and Appeal No.493 of 2023 (Subhash Chandra) with connected Misc. Applications - heard on 27.6.2023, order reserved
• SAT matter SATV-BF53C59D745B18793DD66B71
  Time granted to appellant to file additional affidavit · Matter to be called on November 14, 2024 by consent
  Appeal: Appeal No. 132 of 2024 pending; adjourned by consent to November 14, 2024 for filing additional affidavit
• SAT matter SATV-D03D83213D2BECA6CB956718
  Modified para 36 of 10 July 2023 order: SEBI to appoint another WTM to hear objections · If no WTM available, any authorised officer higher in grade/rank/position to WTM to hear and decide per Clause 3(2)
  Appeal: Appeal Nos. 492 and 493 of 2023 against WTM order dated 12 June 2023; Misc. Application No. 940 of 2023 filed 24 July 2023 disposed of on 27 July 2023
• Issued Letter of Comfort to Yes Bank for Essel Group without Board approval; Rs.200 Cr ZEEL FD adjusted for 7 related entities, violating PFUTP and LODR.
  Impugned order restrained appellant from Director/KMP in ZEEL, Zee Media, Zee Studios, Zee Akaash News/subsidiaries · SAT order on 100-day delay condonation - final disposal not in excerpt
  Appeal: Appeal No.132 of 2024 with Misc Application No.28 of 2024 vs confirmatory order 14 Aug 2023, 100 days delay, reserved 19 Dec 2024 for order 2 May 2025
• SAT matter SATV-E8D8C6B77E76A43D411BD5CA
  By consent, call on 19.12.2024
  Appeal: Appeal No. 132 of 2024 pending, adjourned to 19.12.2024
• Alleged siphoning/diversion of Rs 200 cr via undisclosed Letter of Comfort and circuitous layered transfers to falsely show repayment by associates plus misrepresentation in ZEEL annual report, prima facie fraudulent and unfair trade practice.
  Impugned order confirms 12 June 2023 ex-parte order with modifications · Entity No.1 and 2 barred from Director/KMP in ZEEL, Zee Media Corp, Zee Studios, Zee Akaash News till further directions
  Appeal: Appeal No. 714 of 2023 reserved 27.09.2023 decided 30.10.2023; prior appeals against 12 June 2023 order disposed 10 July 2023
• SAT matter SATV-82B32ABB2E2A563EFDA14A43
  No interim order granted as it would virtually allow the appeals · Appeals to proceed to final disposal with early pleadings
  Appeal: Appeal No. 492 of 2023 with Misc. Application Nos. 731-732 of 2023 and Appeal No. 493 of 2023 with Misc. Application Nos. 748-749 of 2023 pending; no interim relief; fixed for final disposal on 19.06.2023
• SAT matter SATV-8175DE9839DB652B210A7F5D
  Adjourned and listed on October 25, 2024
  Appeal: Appeal No. 132 of 2024 pending before SAT; adjourned to October 25, 2024
• SAT matter SATV-BFE304AF5044C3CB49B20CB2
  Respondent SEBI seeks time; matter to be called on December 05, 2024
  Appeal: Appeal No. 132 of 2024 with Misc. Applications Nos. 28, 171 and 234 of 2024 pending; adjourned to 05.12.2024
• SAT matter SATV-E1C7E5F9B79FEDFE34CB682F
  Hearing continuing; matter listed on March 14, 2024
  Appeal: Appeal No. 132 of 2024 with Misc. Application Nos. 28 of 2024 and 171 of 2024 pending; hearing continuing
• SAT matter SATV-E540A905029FF2212571F048
  No interim order granted as it would virtually allow the appeals; appeals to be decided finally · Respondent SEBI to file reply within 48 hours and serve on appellants by 2 p.m. on 17.06.2023
  Appeal: Appeal Nos. 492 of 2023 and 493 of 2023 pending; listed for admission and final disposal on June 19, 2023
• SAT matter SATV-FFD90EDD0B084164CDAA5A66
  Adjourned by consent; matter to be called on July 8, 2025
  Appeal: Review Application No. 20 of 2025 in Appeal No. 132 of 2024 pending; adjourned to July 8, 2025