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Rachita Shripalkumar Shah & Ors vs Securities & Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 16 June 2021 · Citation: (2021) 06 SEBI CK 0082

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · M. T. Joshi, J
RESULT
Disposed Of
CASE NUMBER
Miscellaneous Application No. 606, 607, 697 Of 2021, Appeal No. 358 Of 2021

AI Structured Summary

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Judgment

12 paragraphs · 242 words
1.

The appeal has been taken up for hearing. The urgency application is accordingly disposed of.

2.

There is a delay of 31 days in the filing of the appeal. For the reasons stated in the application, the delay is condoned. The application is allowed.

3.

Having heard the learned counsel for the parties, we direct the respondent to file a reply within three weeks from today. Three weeks thereafter to

the appellants to file rejoinder. The matter would be taken up for consideration on August 10, 2021.

4.

In the event the appellants deposits a sum of Rs. 10 lac within three weeks from today, the balance amount shall not be recovered during the

pendency of the appeal.

5.

Parties will take instructions from the Registrar 48 hrs. before the date fixed in order to find out as to whether the appeal would be heard through

video conference or through physical hearing.

6.

The present matter was heard through video conference due to Covid-19 pandemic. At this stage it is not possible to sign a copy of this order nor a

certified copy of this order could be issued by the Registry. In these circumstances, this order will be digitally signed by the Private Secretary on

behalf of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Parties will act on production of a digitally

signed copy sent by fax and/or email.