Tribunals and CommissionsSingle Bench(2024) 03 SEBI CK 0004

Girish Talwalkar & Ors vs Securities & Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 7 March 2024

HON’BLE JUDGES
Meera Swarup, Technical Member
RESULT
Disposed Of
CASE NUMBER
Miscellaneous Application No. 160, 179, 180, 181, 196, 197 Of 2024, Appeal No. 149, 150 Of 2024

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Judgment

4 paragraphs · 109 words

Meera Swarup, Technical Member

1.

There is a delay in the filing of the appeal. For the reasons stated in the application, the delay is condoned. Misc. application is allowed.

2.

Three weeks’ time is allowed to the respondent to file a reply. Three weeks thereafter to file rejoinder. List for admission and for final disposal on May 15, 2024.

3.

Considering the facts and circumstances that have been brought on record, the effect and operation of the impugned order, as far as deposit of penalty is concerned, is stayed subject to payment of 25% of the penalty amount within four weeks from today. Stay application is disposed of.