Tatia Global Vennture Ltd.
Penalties and directions recorded
- Penalty was reduced, with the company directed to pay a reduced amount; the order text provided ends before stating the amount.
- Stayed the effect and operation of the impugned WTM order subject to deposit of 25% of the penalty amount.
- Appeal permitted to be withdrawn with liberty to pursue representation pending before SEBI
SAT-appeal
- Non-compliance with LODR requirements concerning related-party transaction approvals, subsidiary meeting minutes, independent director meetings and disclosures; alleged non-cooperation with forensic audit. Fraud, fund diversion and price manipulation were not established.Violation of LODR Regulations was affirmed. · Debarment was reduced to the period already undergone.Appeal: Appeal No.570 of 2021 decided by SAT on 24 August 2022; Misc. Application No.186 of 2022 also listed
- Violation of a condition imposed under the listing agreement, treated as a violation of the LODR Regulations.Stayed the effect and operation of the impugned WTM order subject to deposit of 25% of the penalty amount. · Deposited amount to be kept in an interest-bearing account and remain subject to the result of the appeal.Appeal: Appeal No. 570 of 2021; order dated 3 September 2021; interim stay granted subject to deposit; listed for admission on 18 November 2021.
- SAT matter SATV-8594EF9C7682E6F610467361Appeal permitted to be withdrawn with liberty to pursue representation pending before SEBI · SEBI to dispose of representation as expeditiously as possible within four weeks from todayAppeal: Appeal No. 216 of 2017 disposed on 11.09.2017 as withdrawn with liberty
Source: SecMarx — Tatia Global Vennture Ltd.. 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.