Vijay Kumar Gaba

SAT-appeal

• Alleged unregistered provision of portfolio management services during July–September 2006, in violation of Regulation 3 of the PMS Regulations read with Section 12 of the SEBI Act.
  Impugned SEBI order dated 15 July 2015 quashed and set aside · Matter restored to the WTM for fresh consideration
  Appeal: Appeal No. 420 of 2015 allowed by SAT on 26 July 2016; impugned order quashed and matter remanded for fresh consideration.
• Alleged rendering of portfolio management services without SEBI registration, based on advisory services provided to Madan Mohan Sharma and receipt of Rs. 3,15,000.
  Appeal allowed · WTM order dated 14 January 2015 quashed and set aside
  Appeal: Appeal No. 25 of 2017, heard on 18 March 2019 and allowed on 29 March 2019.