White Water Management Services Pvt. Ltd. (formerly Nishwet Management Services Pvt. Ltd.)

SAT-appeal

• The appellants were held by SEBI to have aided and abetted Nirmal Kotecha in violating various securities laws.
  Appeal Nos. 48, 49, 52, 54 and 186 of 2014 permitted to be withdrawn. · Liberty granted to file fresh appeals after SEBI passes a final order against Nirmal Kotecha.
  Appeal: Appeal Nos. 48, 49, 52, 54 and 186 of 2014 withdrawn on 12 December 2014, with liberty to file fresh appeals after SEBI's final order in Nirmal Kotecha's case.
• The appeal concerned continuation of an ex parte interim restraint prohibiting the appellant from buying, selling or dealing in the securities market, including IPOs, pending investigation into Pyramid Saimira Theatre Limited.
  SEBI directed to pass a final order within three months from receipt of the appellant's reply to the 26 March 2013 show cause notice. · If SEBI fails to pass the final order within that period, the impugned order against the appellant automatically stands vacated.
  Appeal: Appeal No. 29 of 2013 disposed of on 9 April 2013; no order as to costs.
• The appellants were held by SEBI to have aided and abetted Nirmal Kotecha in violating securities laws.
  All five appeals were permitted to be withdrawn. · Appellants were granted liberty to file fresh appeals after SEBI passes a final order against Nirmal Kotecha.
  Appeal: Appeal Nos. 48, 49, 52, 54 and 186 of 2014 were withdrawn on 12 December 2014 with liberty to file fresh appeals after SEBI's final order in Nirmal Kotecha's case.
• SAT matter SATV-6188503FD419CF3FB6811D0D
  Dispose Appeals 142-146 of 2013 and Misc. Applications 77-81 of 2013 with no order as to costs · SEBI to pass final order in pending proceedings within four months from 03.09.2013
  Appeal: Appeals No. 142, 143, 144, 145 and 146 of 2013 with Misc. Applications 77-81 of 2013 disposed on 03.09.2013 with directions to SEBI
• SAT matter SATV-E36D16D21A9FCC7FB5E5866B
  SEBI to pass final order in pending proceedings within four months from 03.09.2013 · SEBI to decide cross-examination applications as per law after receipt of replies
  Appeal: Appeal Nos. 142, 143, 144, 145 and 146 of 2013 with Misc. Applications 77-81 of 2013 disposed on 03.09.2013 with directions; no further appeal mentioned