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Tribunals and CommissionsDivision Bench(2023) 01 SEBI CK 0027

Shruti Deora vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 20 January 2023

HON’BLE JUDGES
Tarun Agarwala Presiding Officer · Meera Swarup Technical Member
RESULT
Disposed Of
CASE NUMBER
Miscellaneous Application No. 56 Of 2023, Appeal No. 82 Of 2023
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Judgment

5 paragraphs · 181 words

Tarun Agarwala, Presiding Officer

1.

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

2.

We find that the appellant’s case is squarely covered by the SEBI Settlement Scheme 2022 which has been issued in terms of the Regulation 26 of Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018.

3.

In view of the aforesaid, we dispose of the appeal directing the appellant to file an appropriate application for settlement before the authority concerned within two weeks from today. If the same is filed, the authority will accept the settlement application in terms of SEBI Settlement Scheme 2022 as an application filed in a pending proceeding and pass appropriate orders. The appeal is disposed of.

4.

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. Certified copy of this order is also available from the Registry on payment of usual charges.