Tribunals and CommissionsDivision Bench

Wealthit Global vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 25 July 2023 · Citation: (2023) 07 SEBI CK 0086

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · Meera Swarup, Technical Member
RESULT
Allowed
CASE NUMBER
Miscellaneous Application No. 823 Of 2023, Appeal No. 629 Of 2023

AI Structured Summary

Not yet generated for this judgment

Judgment

5 paragraphs · 160 words

Tarun Agarwala, Presiding Officer

1.

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

2.

After hearing the learned counsel for the parties, we find that no opportunity of hearing was given to the appellant as he was in jail. This fact is admitted by the respondent. Thus, on this short ground we set aside the impugned order and remit the case back to the respondent to pass a fresh order.

3.

In this regard the appellant shall appear before the authority on 10th August, 2023 and the matter will proceed thereafter in accordance with law. The appeal is allowed.

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.