T. Venkattram Reddy

SAT-appeal

• SAT matter SATV-1A6F89AD9F8C18CEDD57C98C
  Matter stood over to 23 August 2022 due to non-availability of the Bench
  Appeal: Miscellaneous Application No. 763 of 2022 in Appeal No. 480 of 2022 was stood over to 23 August 2022; no disposal on merits stated
• SAT matter SATV-22F6E5ACF15082C45F38546C
  Two weeks’ further time allowed to the parties to file written submissions. · Parties directed to act on the digitally signed copy of the order.
  Appeal: Appeal Nos. 282 of 2022, 395 of 2022 and 421 of 2022 were listed together; the order dated 14 March 2023 granted further time for written submissions and did not dispose of the appeals.
• SAT matter SATV-226CC1109756610629BC15D0
  Three weeks further time granted to the appellants to file rejoinder · Matter listed for 17 October 2022
  Appeal: Appeal No. 395 of 2022; order dated 5 September 2022; adjourned for rejoinder and listed on 17 October 2022
• SAT matter SATV-3747ACF14981BD3147E8AD34
  Miscellaneous Application No. 763 of 2022 seeking condonation of delay was rejected · Appeal No. 480 of 2022 was dismissed
  Appeal: Appeal No. 480 of 2022 dismissed on 23 August 2022 after rejection of the application for condonation of 869 days' delay.
• SAT matter SATV-409B3C78C853199AAFE44D35
  Adjournment granted by consent · Matter listed for 22 August 2024
  Appeal: Appeal No. 15 of 2024; adjourned on 27 June 2024 and listed for 22 August 2024
• SAT matter SATV-5CEA66D7F427C335DB7DEFCA
  By consent, call on June 27, 2024
  Appeal: Appeal No. 15 of 2024 pending, adjourned by consent to June 27, 2024
• SAT matter SATV-7367A1C7510604AB64C69F6D
  List Misc. Application No. 16 of 2023 in Appeal No. 395 of 2022 on January 24, 2023 · Parties to act on digitally signed copy; certified copy available on payment of usual charges
  Appeal: Misc. Application No. 16 of 2023 in Appeal No. 395 of 2022 - not disposed; listed for January 24, 2023 per order dated 06.01.2023
• Understatement of loans/interest and inflated profits, non-disclosure of encumbered/invoked shares, and buyback without adequate free reserves in violation of PFUTP, SAST, PIT and listing norms.
  AO proceedings pursuant to show cause notice dated 05.08.2019 held wholly illegal qua DCHL for violation of Sections 14 and 31 IBC · Penalty on DCHL unsustainable after approved resolution plan which is binding on all creditors including SEBI per Essar Steel and Monnet Ispat
  Appeal: Appeal Nos.282, 395 and 421 of 2022, hearing 23.02.2023, decided 09.11.2023 against AO order
• SAT matter SATV-38576817618C398819942B12
  Appeal No. 15 of 2024 dismissed as withdrawn · Interlocutory applications, if any, disposed of
  Appeal: Appeal No. 15 of 2024, filed under Section 15T against the SEBI Adjudicating Officer's order dated 22 March 2022, dismissed as withdrawn on 22 August 2024 after payment of penalty
• Understatement of loans and interest in FY08-11 accounts, non-disclosure of encumbered/invoked shares, buyback without free reserves misleading investors.
  AO order dated March 22, 2022 imposed Rs 4 cr on DCHL and Rs 1.30 cr each on three individuals · SAT held AO proceedings/SCN against DCHL illegal being violative of Sections 14 and 31 IBC
• SAT matter SATV-F481B603A35EFBBF1834A643
  Two weeks further time allowed to parties to file written submissions · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual charges
  Appeal: Appeal Nos. 282 of 2022, 395 of 2022, 421 of 2022 with Misc. Applications 16 of 2023 and 955 of 2022 pending before SAT; not disposed, adjourned on 14.03.2023
• Finding of fraud against appellants based on preponderance of probability (underlying SEBI order details not stated in this procedural order)
  Delay in filing appeal condoned; Misc. Application No.539 of 2022 allowed · Respondent SEBI to file reply within two weeks
  Appeal: Misc. Application No.539 of 2022 allowed and delay in Appeal No.395 of 2022 condoned on 20.7.2022; appeal pending, next listed on 5th August, 2022
• Understatement of loans/interest and inflated profits, non-disclosure of encumbered/invoked shares, buyback without free reserves in violation of PFUTP, SAST, PIT and SCRA.
  AO proceedings pursuant to SCN dated Aug 5, 2019 held wholly illegal violating IBC Sections 14 and 31 · Resolution plan binding on all creditors including SEBI; no SCN/adjudication/penalty open after approval