Svam Software Ltd & Ors. vs Sebi on 13 October, 2022
Author: Tarun Agarwala
Bench: Tarun Agarwala
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date ... Date of Decision:13.10.2022
Appeal No.801 of 2021
1. Svam Software Ltd.
S-524, Vikas Marg,
Shakarpur, Delhi-110092.
2. Mr. Virendra Gupta
House
Maars Software International Ltd. vs Sebi on 28 May, 2019
Author: Tarun Agarwala
Bench: Tarun Agarwala
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
DATE : 28.05.2019
Misc ... Application No. 19 of 2019
And
Appeal No. 14 of 2019
Maars Software International Ltd.
2nd Floor, New No. 146, Old No. 106/2,
Habibullah
passed on to private unknown persons and was used to
develop algo software called „Chanakya‟. It was alleged
that this software was sold to brokers ... access the market directly i.e. without human
intervention, using the software of a trading member and
routing the orders through the trading member
PFUTP Regulations,
2003. However, orders placed through algo trading software using
different terminals through the same broker, may get matched
accidentally without any manipulative intention ... unintentional self-trades.
18. Admittedly, the appellant was trading through algorithmic
software which was dully approved by BSE and NSE. In this regard,
the Bombay
Jersey 08619
4. Fausta Client 3240 E State Street www.faustasoft 31.05.11
Software Ext Hamilton New solinc.com
Solutions Jersey 08619
Inc.
5. Rasax Soft ... Helia Vendor 3240 E State Street www.heliasofts 31.05.11
Software Ext, Hamilton olinc.com.
Solutions New Jersey 08619
Inc.
8. Kyros Tech Vendor
Date of Decision : 04.01.2023
Appeal No. 950 of 2022
Indian Infotech and Software Ltd.
110, 1st Floor, Golden Chamber,
Pre Co-op. Society Limited ... these appeals being Appeal Nos. 950
of 2022 Indian Infotech and Software Ltd. and 951 of 2022
Varsha Poddar are against an order dated September
Regulations.
3. All the appellants were former promoters of Indian
Infotech and Software Ltd. (target company) till 2010-11. One
4
Jayanti Prime Software Advisory ... statement
made in the letter of offer made by Jayanti Prime Software
8
Advisory Pvt. Ltd. that those disclosures were not available in
the record
Technologies Ltd.
3. The Company is engaged in the business of
providing software and software related services. One
of the software related services is called ... dealing in securities market and
adequate expertise in providing necessary
services and software solutions.
4) OBLIGATIONS AND RESPONSIBILITIES
OF STP CENTRALISED
said UPSI was in
respect of slump sale of software solution business of the company to
one Kewill group. The next of the UPSI with ... September 18, 2012 of slump sale of the software solution business
to Kewill group. Vide the same NDA, Kewill group proposed to
acquire the company
having first access in
terms of trade. Further, OPG had designed the software in
such a way that OPG could connect first and gain
advantage ... computer
applications and had 30 years of experience in
the software industry including with Infosys Ltd.
The Board of NSE used to rely
