Vikas Sarda HUF

SAT-appeal

• Alleged front-running and fraudulent trading based on advance information about Big Clients’ trades, communicated by Ashish Sarda to the appellants for consideration.
  Common impugned order dated 28 November 2024 was challenged; the excerpt does not state the final SAT disposal direction.
  Appeal: Appeal Nos. 60 of 2025, 129 of 2025 and 152 of 2025, heard together and reserved on 12 February 2026; order pronounced on 4 March 2026. Final disposal outcome is not included in the provided text.
• Front-running Big Clients’ trades using advance information allegedly conveyed by Ashish Sarda, in violation of PFUTP provisions.
  Appeals against the SEBI QJA order dated November 28, 2024 were heard together and disposed of by common order. · Impugned order directed joint-and-several disgorgement, market debarment and monetary penalties; the excerpt does not state the final appellate disposition.
  Appeal: Appeal Nos. 60 of 2025, 129 of 2025 and 152 of 2025 under Section 15T; common order pronounced March 4, 2026. Final disposal result is not included in the provided excerpt.
• SAT matter SATV-4728E89F0E5C9928036A92BF
  Order reserved
  Appeal: Appeal No. 129 of 2025; heard on 12 February 2026 and order reserved
• SAT matter SATV-AC72C16ECD864F208D520CDB
  Call on October 16, 2025
  Appeal: Appeal No. 129 of 2025 pending before SAT, next listed on October 16, 2025
• SAT matter SATV-C59C7193F2BC3D6906B68079
  One week time granted to appellant to file written submissions · Matter listed on January 20, 2026
  Appeal: Appeal No. 129 of 2025 pending before SAT; adjourned to January 20, 2026
• SAT matter SATV-544CD812D2FA54CB84E3BAF4
  By consent, list the connected appeals and applications on 25 August 2025
  Appeal: Appeal Nos. 60 of 2025, 152 of 2025 and 129 of 2025 were pending before SAT; by consent, listed for 25 August 2025
• SAT matter SATV-57A7EB31C4E148C15AD3517E
  Adjourned and listed on 06.01.2026 at request of respondent SEBI
  Appeal: Appeal No. 129 of 2025 pending; adjourned vide order dated 16.10.2025 to 06.01.2026
• SAT matter SATV-5DD27EE0C00D92925B6A2259
  Condonation of 37 days delay allowed · Appeal admitted
  Appeal: Appeal No. 129 of 2025 admitted on 07.03.2025; linked to Appeal No. 60 of 2025 posted on 10.06.2025
• SAT matter SATV-5F21286EEE112AB1BE12F858
  Respondent SEBI granted two weeks to file written submissions; matter listed on 9 February 2026 by consent
  Appeal: Appeal No. 129 of 2025 pending before SAT; adjourned to 9 February 2026 by consent
• SAT matter SATV-F0FE80D461360032341993B0
  Call on February 12, 2026
  Appeal: Appeal No. 129 of 2025 pending before SAT; next listed on February 12, 2026