Vasant Bissa

SAT-appeal

• Collusion with other clients and brokers to execute circular trades in KRBL Ltd.; brokers were also charged with violating the stock broker code of conduct.
  Findings of guilt upheld. · Penalties reduced to Rs. 4 lakh each for the two appellants.
  Appeal: Appeal Nos. 25 and 56 of 2011 disposed of by SAT on 10 June 2011; penalties reduced to Rs. 4 lakh each.
• SAT matter SATV-7134616EBB7F8A8B96162173
  Same order as in Appeal No. 25 of 2011 decided on 10.6.2011
  Appeal: Appeal No. 56 of 2011 decided on 10.6.2011 - disposed in same terms as Appeal No. 25 of 2011
• SAT matter SATV-A16870A1C73624CA3DB882A0
  Order reserved after hearing counsels via video conference · Parties directed to act on digitally signed copy sent by fax and/or email
  Appeal: Appeal No. 29 of 2021 with Misc. Application No. 584 of 2020 heard on 18.01.2021, order reserved
• Manipulative and circular trades in Gravity India Ltd to inflate price and create artificial volumes
  Appeals No. 17 and 18 of 2010 dismissed · AO finding of manipulative trades upheld per reasons in 24 Feb 2010 order
  Appeal: Appeal No. 17 of 2010 with Appeal No. 18 of 2010 dismissed on 26.2.2010
• SAT matter SATV-E27111C91BE3D00824929E0E
  Same order as in Appeal No. 17 of 2010 decided on 26.2.2010
  Appeal: Appeal No. 18 of 2010 decided on 26.2.2010
• Challenge to NSE refusal vide 6 Nov 2020 to refer investor-broker dues dispute to IGRC relying on SEBI circular dated 1 July 2020.
  Appeal disposed - IGRC referral relief denied · Liberty to appellant to file claim petition under stock exchange bye-laws