Tribunals and CommissionsSingle Bench(2024) 01 SEBI CK 0010

Arun Ramchandra Gole And Others vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 24 January 2024

HON’BLE JUDGES
Meera Swarup, Technical Member
CASE NUMBER
Miscellaneous Application No. 1512, 1513, 1514 Of 2023, Appeal No. 36, 37, 38 Of 2024

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Judgment

6 paragraphs · 129 words

Meera Swarup, Technical Member

1.

There is a delay in the filing of the appeals. For the reasons stated in the applications, the delay is condoned. The applications are allowed.

2.

Connect with Appeal no. 819 of 2023 and list on February 16, 2024.

3.

In the meanwhile, respondent may file a reply within three weeks from today. Rejoinder to be filed on or before the next date.

4.

Since the interim order has been granted in connected appeals, the appellant is also entitled for a similar relief.

5.

We accordingly direct the appellant to deposit 50% of the amount as per the impugned order within four weeks from today. If the said amount is deposited, the balance amount shall not be recovered during the pendency of the appeal.