Dr. Vijay Mallya

SAT-appeal

• SAT matter SATV-001EEB56E1A1265F655F66E3
  Appeals adjourned because the entire documents had not been scanned and submitted to the Tribunal · Matters listed for hearing on 12 March 2021
  Appeal: Appeal Nos. 252 of 2018, 329 of 2018 and 355 of 2018 were adjourned on 5 February 2021; next listing fixed for 12 March 2021
• SAT matter SATV-19628F553344A20EE3863A13
  Permitted substitution of the sentence in paragraph 2 of the Tribunal's order dated 26 March 2018 · Registry directed to carry out the amendment
  Appeal: Miscellaneous Applications Nos. 72, 73 and 74 of 2018 in Appeal Nos. 52, 68 and 71 of 2017; applications disposed of on 3 April 2018
• SAT matter SATV-30C4043ED8F8CE7DE9B15859
  Appeal No. 252 of 2018 dismissed for want of prosecution · Appeal No. 329 of 2018 dismissed for want of prosecution
  Appeal: Appeal Nos. 252, 329 and 355 of 2018 dismissed for want of prosecution on 12 March 2021
• SAT matter SATV-2F2917D3AB18B83317C51706
  List the appeal on 5 February 2021 · Parties may file any required affidavits within the same period
  Appeal: Appeal No. 329 of 2018 was pending before SAT; listed for 5 February 2021
• Prima facie diversion of funds from United Spirits Ltd (USL) to UB Group companies at behest of Dr Mallya, operating as fraud/deceit on USL public shareholders.
  Restrained from accessing securities market and prohibited from buying, selling or dealing in securities directly or indirectly · Restrained from holding position as Director or Key Managerial Person of any listed company
• SAT matter SATV-52EB4311C5C5F752D2E38DA6
  Time to pass appropriate orders against Respondents (Original Appellants) extended till 31/05/2018 · Misc. Applications disposed of with no order as to costs
  Appeal: Misc. Application Nos.72,73,74 of 2018 in Appeal Nos.52,68,71 of 2017 disposed of on 26/03/2018; extension granted, underlying appeals pending
• SAT matter SATV-783F0564CF86B2ACF21A8E04
  Appeals No. 252, 329 and 355 of 2018 dismissed for want of prosecution · Prayer for adjournment to file scanned documents rejected
  Appeal: Appeal Nos. 252, 329 and 355 of 2018 dismissed for want of prosecution on 12.03.2021
• SAT matter SATV-6FD8FB04B03CA5FA8818C981
  Put up matters on 11 May 2021
  Appeal: Misc. Application No.286 of 2021 in Appeal No.329 of 2018 and Misc. Application No.397 of 2021 in Appeal No.252 of 2018 heard 10.5.2021, adjourned to 11.5.2021, not finally disposed
• Illegal diversion of Rs.655.55 crore from United Spirits Ltd to UB Group companies, principally Kingfisher Airlines Ltd, under guise of advances to service providers.
  Appeal No.252 of 2018 dismissed without order as to costs · WTM restraint for one year from accessing securities market and holding director/KMP post confirmed; period noted as already over
  Appeal: Appeal No.252 of 2018 heard on 29.07.2021 and dismissed on 01.09.2021 by SAT Mumbai
• SAT matter SATV-9C54BB0A4F692019AF7A9A9D
  Misc. Application No.603 of 2021 (discharge) allowed; counsel permitted to withdraw vakalatnama · Misc. Application No.286 of 2021 (restoration) in Appeal No.329 of 2018 dismissed for want of prosecution
  Appeal: Appeal No.329 of 2018; MA 603/2021 allowed and MA 286/2021 dismissed for want of prosecution on 11.5.2021
• SAT matter SATV-B9431AF7289BC495C5E94C08
  Registry to replace 'Statutory Auditors' with 'Expert / Expert Reports' in paragraph 16 for Ernst & Young and PwC-UK · Replace 'three months' with 'four months' in paragraph 36 for SEBI to pass final order after receiving reply
  Appeal: Appeal Nos. 52, 68 and 71 of 2017 - praecipe to rectify SAT order dated 11.08.2017 allowed by order dated 01.09.2017
• SAT matter SATV-D8148EA3AD3AA8A637EB8064
  Adjourned as entire documents not scanned and submitted, matter could not be heard on virtual platform · List on March 12, 2021
  Appeal: Appeal Nos. 252 of 2018, 329 of 2018 and 355 of 2018 adjourned on 05.02.2021, next listed March 12, 2021; not disposed
• SAT matter SATV-DC99AB9195E3F3B6D3F0F66D
  Appeals dismissed for want of prosecution · Prayer for adjournment to file scanned documents rejected
  Appeal: Appeal Nos. 252 of 2018, 329 of 2018 and 355 of 2018 dismissed for want of prosecution vide decision dated 12.03.2021
• SAT matter SATV-F3E1CE920AE848135D17330A
  Put up Misc. Applications in Appeals No.329 of 2018 and 252 of 2018 tomorrow on 11 May 2021 · Registry to trace emailed discharge application dated 7 May 2021 and place it on record
  Appeal: Misc. Application No.286 of 2021 (Restoration) in Appeal No.329 of 2018 and Misc. Application No.397 of 2021 (Restoration) in Appeal No.252 of 2018 pending, adjourned to 11 May 2021
• Prima facie diversion of USL funds to UB Group companies including Kingfisher Airlines at Mallya behest, operating as fraud/deceit on USL public shareholders.
  Restrained from accessing securities market and buying/selling/dealing in securities directly or indirectly · Restrained from holding position as Director or Key Managerial Person of any listed company
  Appeal: Appeal Nos. 52, 68, 71 of 2017 heard on 21.07.2017, decided by common order on 11.08.2017
• Prima facie diversion and round-tripping of USL funds to UB Group companies, allegedly operating as fraud or deceit upon USL’s public shareholders.
  Appeals 52, 68 and 71 of 2017 were heard together and disposed of by common order; the reproduced text does not state the final operative relief. · Impugned interim order restrained appellants from accessing the securities market and from buying, selling or otherwise dealing in securities, directly or indirectly.
  Appeal: Appeal Nos. 52, 68 and 71 of 2017, decided by SAT on 11 August 2017; Miscellaneous Application No. 61 of 2017 also listed. The reproduced text does not state the specific disposition.
• SAT matter SATV-78F5ACECF93CF453B49FAE0F
  Matters adjourned because entire documents had not been scanned and submitted to the Tribunal · List the matters on 12 March 2021
  Appeal: Appeal Nos. 252 of 2018, 329 of 2018 and 355 of 2018 were adjourned on 5 February 2021 and listed for 12 March 2021; no disposal on merits mentioned
• SAT matter SATV-63ECC3C1B3BD63367816BCC1
  SEBI granted extension to complete hearing and pass appropriate final order by March 31, 2018 · Appellant in Appeal No. 52 of 2017 may seek interim relief against market restraint before WTM
  Appeal: Misc. Applications No. 1, 2, 3 of 2018 in Appeals No. 52, 68, 71 of 2017 allowed on 08.01.2018; main appeals pending awaiting SEBI final order
• SAT matter SATV-FF210E1E66AF8090FC6B5253
  Grant 2 weeks time to applicant to file reply before SEBI (6 weeks sought rejected) · Extend time for SEBI to pass final order in the matter by two weeks
  Appeal: Appeal No. 68 of 2017 pending; Misc. Application No. 233 of 2017 allowed on 01.09.2017 for extension