Swaran Sarita Gems Ltd.

SAT-appeal

• The underlying SEBI proceedings concerned violations resulting in alleged illegal gains of Rs.54,73,685; specific charge provisions are not stated in the SAT order.
  Delay of 48 days in filing Miscellaneous Applications Nos.349 and 350 of 2017 condoned. · Appeals Nos.379 and 380 of 2017 disposed of with clarification that impugned-order findings shall not prejudice appellants in appeals against the AO orders dated 26 August 2015.
  Appeal: Appeal Nos.379 and 380 of 2017 disposed of on 16 January 2018; related appeals against the AO orders dated 26 August 2015 were noted as pending.
• SAT matter SATV-B90DCFF99440CDD200646024
  Delay of 48 days in filing Appeals 379-380/2017 condoned; Misc Applications 349-350/2017 disposed · Appeals 379-380/2017 disposed with clarification that WTM findings shall not prejudice AO-order appeal
  Appeal: Appeal Nos. 379 and 380 of 2017 disposed on 16.1.2018; separate appeal against AO order dated 26.8.2015 pending (number not stated)