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SVAM Software Ltd. & Ors vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 11 January 2022 · Citation: (2022) 01 SEBI CK 0044

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · M. T. Joshi, J
RESULT
Disposed Of
CASE NUMBER
Miscellaneous Application No. 1383 Of 2021, Appeal No. 801 Of 2021
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Judgment

11 paragraphs · 197 words
1.

We have heard the learned counsel for the parties. Let a reply be filed by the respondent within three weeks. Rejoinder may be filed within three

weeks thereafter. Matter would be listed for admission and for final hearing on 15th March, 2022.

2.

In the meanwhile, the debarment of the appellants shall remain stayed provided they deposit fifty percent of the penalty amount within three weeks

from today.

The stay application is disposed of accordingly.

3.

Parties are directed to contact the Registrar 48 hours before the date fixed to find out as to whether the hearing would take place through video

conferencing or through physical hearing.

4.

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.