Ubaidur Rahman
Penalties and directions recorded
- Debarred from accessing securities market for 3 years from order date or till 3 years after refunds
- Misc Application No. 794 of 2022 allowed; Mrs. K. Affrin substituted for deceased appellant G. Kadar Hussain
- Substitution of deceased appellant G. Kadar Hussain by widow Mrs K. Affrin allowed
- WTM debarment from securities market for three years upheld
SAT-appeal
- SAT matter SATV-27E08672920A2E534002779FAdjourned on request of learned counsel for the appellant · List on February 27, 2023Appeal: Appeal No. 315 of 2021 and Appeal No. 1 of 2022 pending; adjourned on 30.01.2023, listed on February 27, 2023
- Providing investment advisory services and stock tips via websites without IA registration while collecting subscription fees with assured-return promisesSAT dismissed both appeals and upheld WTM order dated 21 July 2020 with no order as to costs · Refund amount collected by providing unregistered investment advisory servicesAppeal: Appeal No.315 of 2021 and Appeal No.01 of 2022 against WTM order dated 21 July 2020 dismissed on 11 April 2023
- SAT matter SATV-7D04C0B8EC57F0D768D8A35DSubstitution of deceased appellant G. Kadar Hussain by widow Mrs K. Affrin allowed · Additional grounds allowed to be added in memo of appeal
- SAT matter SATV-97616E5DAE22BA8AF7EB16E2Matter adjourned and listed on July 4, 2022 · Parties to act on digitally signed copy; certified copy available from Registry on paymentAppeal: Appeal No. 315 of 2021 and Appeal No. 1 of 2022 with Misc. Applications 223 and 299 of 2022 pending; adjourned to July 4, 2022
- Carrying on Investment Advisory Services through various websites and collecting subscription fees without registration under IA Regulations, 2013.SAT dismissed both appeals and upheld WTM order for refund of amounts collected for unregistered advisory · WTM debarment from securities market for three years upheldAppeal: Appeal No.315 of 2021 and Appeal No.01 of 2022 dismissed on 11.04.2023, order reserved on 15.03.2023
- SAT matter SATV-CC79A1B3B795C7F130C0DE45Adjourned on request of learned counsel for the appellant · List on February 27, 2023Appeal: Appeal No. 315 of 2021 and Appeal No. 1 of 2022 adjourned vide order dated 30.01.2023; next listing February 27, 2023
Other
- SAT matter SATV-75D4E948C32FEBA7E73D3C0FMisc Application No. 794 of 2022 allowed; Mrs. K. Affrin substituted for deceased appellant G. Kadar Hussain · Memo of appeal to be corrected within three weeks from 10.10.2022Appeal: Appeal No. 315 of 2021 and Appeal No. 1 of 2022 pending before SAT; no final disposal, listed on 1 November 2022
Source: SecMarx — Ubaidur Rahman. 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.