Vishalkumar Krishnakant Borisha

SAT-appeal

• Synchronized and manipulative trading in Global Infratech and Finance Limited shares, creating a misleading appearance of trading and increasing the LTP without genuine change in beneficial ownership.
  Appeals Nos. 56, 57 and 58 of 2023 dismissed · All miscellaneous applications disposed of
  Appeal: Appeals Nos. 56, 57 and 58 of 2023 dismissed by SAT on 18 December 2023; miscellaneous applications Nos. 1680-1685 of 2022 disposed of.
• SAT matter SATV-1226A21FF635227C1B518B8E
  Three weeks' time granted to the appellants to file rejoinder · Matters listed on 18 December 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 were pending before SAT; rejoinder permitted and matters listed for 18 December 2023
• Synchronized and fraudulent trading in Global Infratech and Finance Limited shares through identical buy and sell orders placed within one minute, creating a misleading appearance of trading and increasing the LTP without change in beneficial ownership.
  Appeal Nos. 56, 57 and 58 of 2023 dismissed · Miscellaneous Applications Nos. 1680 to 1685 of 2022 disposed of
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 dismissed by SAT on 18 December 2023; miscellaneous applications disposed of.
• SAT matter SATV-154BED7A014D01E73BBA5158
  Three weeks’ further time allowed to the appellants to file rejoinder · Matters listed for 21 August 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023; on 14 July 2023, further time was granted to file rejoinder and matters were listed on 21 August 2023
• SAT matter SATV-1C1DB519ABAAEDDED0FF279D
  Three weeks granted to the appellants to file rejoinder · Matters listed on 18 December 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 were pending before SAT; rejoinder permitted and matters listed for 18 December 2023
• Alleged manipulation of Gala Global Products Limited shares through synchronized and reversal trades, LTP/NHP contributions, artificial volume and misleading appearance of trading.
  Delay in filing both appeals condoned. · Appeals allowed.
  Appeal: Appeal Nos. 734 and 735 of 2022 allowed by SAT on 06 July 2023; delay condoned and penalties quashed.
• SAT matter SATV-1C2FC64FC7590B217520F0F5
  Appellants granted three weeks to file rejoinder · Matters listed for hearing on 25 April 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 were pending; rejoinder time granted and matters listed on 25 April 2023
• SAT matter SATV-1BFB7FEC8D1F77F288DB3487
  Rejoinders may be filed within two weeks from 22 December 2022 · Appeals listed for admission and final disposal on 8 February 2023
  Appeal: Appeal Nos. 734 and 735 of 2022; order dated 22 December 2022 adjourned the matters for admission and final disposal on 8 February 2023
• SAT matter SATV-278122269813DB28562985E8
  Delay in filing the reply condoned and reply taken on record · Appellants granted three weeks to file rejoinder
  Appeal: Appeal Nos. 56, 57 and 58 of 2023; procedural order dated 9 June 2023, matters listed for 14 July 2023
• SAT matter SATV-351E283386ED9BE00B66E0B1
  Three weeks granted to the appellants to file rejoinder · Matters listed for 26 September 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 were pending; rejoinder time granted and matters listed for 26 September 2023.
• SAT matter SATV-5524CD2D99A7616BA471AF87
  Three weeks further time allowed to appellants to file rejoinder · List on November 07, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications 1680-1685 of 2022 pending; rejoinder stage; next listing November 07, 2023
• SAT matter SATV-5BE5C70D39993133D36B2629
  Three weeks' further time allowed to appellant to file rejoinder · List on 21st August, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 pending before SAT; adjourned to 21 August 2023 for rejoinder filing
• SAT matter SATV-552036E43F9C0C949DB791C1
  Three weeks further time allowed to appellants to file rejoinder · List matters on November 07, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 pending with Misc. Applications 1680-1685 of 2022; adjourned for rejoinder, listed on 07 November 2023
• SAT matter SATV-69E14D26133EC222F6AE325D
  Delay in filing reply condoned, application allowed and reply taken on record · Three weeks time allowed to appellants to file rejoinder
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 pending before SAT; adjourned to July 14, 2023 for rejoinder
• SAT matter SATV-7B5F321AB6D663D2C8724260
  Three weeks further time allowed to appellant to file rejoinder · List matters on 21st August, 2023
  Appeal: Appeal Nos. 56, 57, 58 of 2023 with Misc. Applications Nos. 1680-1685 of 2022 pending; adjourned to 21 August 2023
• SAT matter SATV-75AE3FB5E74EE168D19F3611
  Rejoinder permitted within two weeks · Appeals listed for admission and final disposal on 8 February 2023
  Appeal: Appeal Nos. 734 and 735 of 2022 with Misc. Application Nos. 752 and 753 of 2022 pending; adjourned to 8 February 2023
• SAT matter SATV-7C4EA5AA89564EE12DE99537
  Three weeks' time allowed to the appellants to file rejoinder · Matter listed on April 25, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications Nos. 1680-1685 of 2022 pending; adjourned to April 25, 2023 for rejoinder
• SAT matter SATV-8C382983F7E8A9EAA48121AE
  Three weeks time allowed to appellants to file rejoinder · Matter listed on September 26, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications Nos. 1680-1685 of 2022 pending before SAT; adjourned for rejoinder filing
• SAT matter SATV-89480DA0C19A8D15D55CC432
  Three weeks further time allowed to appellants to file rejoinder · List on November 07, 2023
  Appeal: Appeal Nos. 56, 57, 58 of 2023 with Misc. Applications 1680-1685 of 2022 pending; listed on 07 November 2023
• SAT matter SATV-8FC73763D6F8D070D5B4E365
  Three weeks time allowed to the appellants to file rejoinder · List matter on December 18, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications Nos. 1680-1685 of 2022 pending before SAT; adjourned to 18.12.2023 for rejoinder
• SAT matter SATV-AE9E3F0B2668BF0FC8342FE8
  Three weeks' time allowed to the appellants to file rejoinder · List on 9th June, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 pending before SAT; adjourned to 9 June 2023 for filing rejoinder
• SAT matter SATV-AA272D0228CFEC2C1F539C04
  Three weeks time allowed to appellants to file rejoinder · List on April 25, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications 1680-1685 of 2022 pending; next listing April 25, 2023
• SAT matter SATV-C9EC36DC3CC2BA3E11E4CA88
  Delay in filing reply condoned and reply taken on record · Three weeks time to appellants to file rejoinder
• SAT matter SATV-C59B9D71A0BA4FBF4F6E0F24
  Three weeks time allowed to appellants to file rejoinder · Matter listed on September 26, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications 1680-1685 of 2022 pending; next listing September 26, 2023
• SAT matter SATV-F1E15C74960E95410F36EF80
  Three weeks' time allowed to the appellant to file rejoinder · Matter listed on 9 June 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 with Misc. Applications Nos. 1680-1685 of 2022 and 395 of 2023 pending before SAT; adjourned to 9 June 2023, no disposal yet
• Synchronized trades in Global Infratech creating misleading appearance without change in beneficial ownership and raising LTP by Rs 11.60.
  Appeal Nos. 56, 57, 58 of 2023 dismissed; Rs 5 lakh penalty per appellant upheld · Misc. Applications Nos. 1680-1685 of 2022 disposed of with no order as to costs
  Appeal: Appeal Nos. 56, 57, 58 of 2023 against AO order dated September 23, 2022 dismissed by SAT on 18.12.2023
• SAT matter SATV-934124A6B28CBA037E33EB56
  One last opportunity granted to appellant to file rejoinder on payment of costs of Rs 10,000 · Costs to be deposited before Registrar of Tribunal
  Appeal: Appeal No. 734 of 2022 with Misc. Application No. 752 of 2022 and Appeal No. 753 of 2022 with Misc. Application No. 753 of 2022 pending, listed on July 6, 2023
• SAT matter SATV-995D4A30B34A5379355F832E
  Delay in filing Appeal No. 57 of 2023 condoned; Misc. Application No. 1682 of 2022 allowed · Appellant to apply for certified copy to be made available within two weeks and file it in registry; exemption application disposed
  Appeal: Appeal No. 57 of 2023 with Misc. Applications No. 1682-1683 of 2022; delay condoned, pending, next listed 17 March 2023
• SAT matter SATV-B3A2F26744A9D90AA844F3EF
  Three weeks' time allowed to appellant to file rejoinder · Matters listed on 9th June, 2023
  Appeal: Appeal Nos. 56, 57 and 58 of 2023 pending at rejoinder stage; listed on 9 June 2023
• Alleged price/volume manipulation in Gala Global Products Ltd via synchronized, reversal, LTP and NHP trades creating misleading appearance of trading.
  Delay in filing appeals condoned · Appeals allowed with no order as to costs
  Appeal: Appeal No. 734 of 2022 and Appeal No. 735 of 2022 with Misc. Appl. 752-753/2022 allowed by SAT order dated 06.07.2023