Tribunals and CommissionsDivision Bench(2023) 12 SEBI CK 0021

P. Srinivasa Raju vs Securities & Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 11 December 2023

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · Meera Swarup, Technical Member
RESULT
Disposed Of
CASE NUMBER
Miscellaneous Application No. 1567 Of 2023, Appeal No. 943 Of 2023

AI Structured Summary

Not yet generated for this judgment

Judgment

3 paragraphs · 114 words
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.

Connect with Appeal No. 867 of 2023 and list on January 11, 2024. In the meanwhile, the respondent will file a reply within three weeks from today. Rejoinder to be filed on or before the next date.

3.

Since the interim order has been passed in the connected appeal, the appellant is also entitled for the similar relief. We, consequently, direct that the penalty imposed upon the appellant pursuant to the impugned order shall remain stayed during the pendency of the appeal. Stay application is disposed of.