Sunil Bhandari

SAT-appeal

• SAT matter SATV-0C546ACE5C85068E28966306
  Order reserved; parties may submit written submissions within 48 hours. · Parties directed to act on the digitally signed copy of the order.
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 heard; order reserved on 26 April 2021.
• SAT matter SATV-2516796B284308A418F145E6
  Order reserved · Parties may submit written submissions within 48 hours
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 were heard; order reserved on 26 April 2021
• SAT matter SATV-2F39A038CAC41A2A7C6F9113
  List Appeals Nos. 76, 103 and 161 of 2019 on 19 March 2021 · Parties to take instructions from the Registrar 48 hours before the hearing regarding video conference or physical hearing
  Appeal: Appeal Nos. 76, 103 and 161 of 2019 were pending; listed for hearing on 19 March 2021
• SAT matter SATV-38CC1BB64F09FA1F8CA052C9
  Order reserved in the three appeals · Written submissions, if any, to be submitted within 48 hours
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 were heard; order reserved on 26 April 2021. No disposal on merits stated.
• Alleged fraudulent and unfair trading in Shakti Pumps shares through synchronised trades, reversal trades and self trades, creating artificial volume and contributing to a fraudulent price rise.
  Common AO order dated 10 September 2018 imposing penalties was set aside. · Matters remitted to the AO for fresh orders after hearing the appellants.
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 allowed on 5 May 2021; matters remitted to the AO.
• Alleged fraudulent dealing in Shakti Pumps (India) Ltd scrip by connected entities creating artificial volume via synchronised, reversal and self trades, trading above LTP and manipulating first trade to establish new high price.
  Impugned AO order set aside and appeals allowed · Matter remitted to AO to pass fresh order in light of observations after giving hearing to appellants
  Appeal: Appeal Nos. 76, 103 and 161 of 2019 allowed on 05.05.2021; AO common order dated 10.09.2018 set aside and remanded
• Creating artificial volume in Shakti Pumps (India) Ltd via synchronised, reversal and self trades, trading above LTP and manipulating first trade to establish new high price.
  Impugned AO order dated 10 September 2018 set aside · Appeal Nos. 76, 103 and 161 of 2019 allowed
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 allowed on 5 May 2021; AO order set aside and remanded for fresh decision
• SAT matter SATV-3D394C15BF8D51BE2695A738
  Adjourned on the respondent's request · Listed for hearing on 14 April 2021
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 were adjourned on 19 March 2021 and listed for 14 April 2021; no disposal on merits stated.
• SAT matter SATV-45B8ADFED1633519980C1C00
  Miscellaneous applications seeking condonation of delay were dismissed. · Appeal Nos. 117, 118 and 119 of 2017 became infructuous and were disposed of.
  Appeal: Appeal Nos. 117, 118 and 119 of 2017 disposed of as infructuous on 12 January 2018 after dismissal of delay-condonation applications.
• SAT matter SATV-C50A53DF3CDEE4B0BDEBE1BA
  Appeal admitted · Stay of recovery for appellants subject to deposit of Rs. 10 lakhs
  Appeal: Appeal No. 138 of 2026 admitted on 08.05.2026 after condoning 85-day delay; pending with interim stay subject to deposit; next date August 20, 2026
• SAT matter SATV-D7D454DD930D7E2F1C04F284
  Ex parte ad interim WTM order dated 02.02.2011 quashed qua appellants · SEBI WTM to treat 02.02.2011 order as show cause notice and pass fresh order expeditiously after hearing appellants
  Appeal: Appeal No. 2 of 2018 disposed of on 12.01.2018; Misc. Application No. 4 of 2018 for condonation of delay allowed
• SAT matter SATV-CF229D707DEAC6946418BBF9
  List Appeal Nos. 76, 103 and 161 of 2019 on March 19, 2021 · Parties to take instructions from Registrar 48 hrs before fixed date on hearing mode
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 pending before SAT; listed on March 19, 2021
• SAT matter SATV-EFBD59AE614C57EEA25FE015
  List Appeals No. 76, 103 and 161 of 2019 on March 19, 2021 · Parties to take instructions from Registrar 48 hrs before fixed date on hearing mode
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 pending; next listed on March 19, 2021
• SAT matter SATV-F7419C7AFC82356F85E11A3A
  Adjourned on request of learned counsel for respondent SEBI · List matters on April 14, 2021
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 adjourned on 19.03.2021; listed on April 14, 2021
• SAT matter SATV-4B6A225A983C5E31F9CA4F72
  Misc. Applications Nos. 152, 154, 156 of 2017 seeking condonation of 833/753 days delay dismissed · Appeal Nos. 117, 118, 119 of 2017 held infructuous consequent to dismissal of delay applications
  Appeal: Appeal Nos. 117, 118 and 119 of 2017 disposed as infructuous on 12.01.2018 after dismissal of condonation applications
• SAT matter SATV-5DB014BF93C2F0D57E3D9E97
  Adjourned on request of counsel for SEBI · List on April 14, 2021
  Appeal: Appeal Nos. 76 of 2019, 103 of 2019 and 161 of 2019 pending before SAT; adjourned on 19.03.2021 to April 14, 2021
• SAT matter SATV-A881532CEBB2AABBEBC9C345
  Dismissed Misc. Application Nos. 152, 154, 156 of 2017 seeking condonation of 833/753 days delay · Held Appeal Nos. 117, 118, 119 of 2017 and interim Misc. Nos. 153, 155, 157 of 2017 became infructuous
  Appeal: Appeal Nos. 117, 118, 119 of 2017 disposed on 12.01.2018 as infructuous after dismissal of delay condonation