Tribunals and CommissionsSingle Bench(2024) 02 SEBI CK 0011

Moglesh Chanappa Koni And Others vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 27 February 2024

HON’BLE JUDGES
Meera Swarup, Technical Member
RESULT
Allowed
CASE NUMBER
Miscellaneous Application No. 44, 45, 46, 47 Of 2024, Appeal No. 141, 142 Of 2024

AI Structured Summary

Not yet generated for this judgment

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 April 23, 2024.

3.

In the meanwhile, respondent may file a reply within two 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 appellants are also entitled for a similar relief.

5.

I accordingly direct the appellants 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 appeals.