IN THE SECURITIES APPELLATE TRIBUNAL MUMBAI

 

 

Appeal No. 149 of 2006

 

Date of Decision

11.1.2007

 

Jhaveri Securities Pvt. Ltd.	……	Appellant
Versus
Securities & Exchange Board of India	……	Respondent

 

Present : Mr. Janak Dwarkadas, Sr. Advocate with Mr. Somasekhar

 Sundaresan & Mr. Zerich Dastur, Advocates for the appellant

 

 Mr. R.A. Dada, Sr. Advocate with Dr. Poornima Advani and Ms.  Sejal Shah, Advocates for the respondent

Coram:

 Justice N.K. Sodhi, Presiding Officer

 C. Bhattacharya, Member

 

Per: Justice N.K. Sodhi, Presiding Officer

 

 

 Admitted. To come up along with Appeal no. 147 of 2006. Interim order in the same terms as in that case.

   2.            The learned senior counsel appearing for the respondent Board has brought to our notice that the enquiry against the appellant has since been completed. If that is so, it will be open to the respondent Board to initiate proceedings for disgorgement against the appellant in accordance with law.

 

 

 

11.1.2007

 

//SR11/1/07 14:19