BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 66, 80 & 81/2004
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Date of Hearing
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19.7.2004
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Date of Decision
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19.7.2004
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In the matter of:
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Popular Stock & Share Services
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Appellant – Represented by
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Ltd.
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L.R. Castelino, Advocate
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Versus
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Securities & Exchange Board
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Respondent – Represented by
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of India
National Stock Exchange
National Stock Clearing Corporation Ltd.
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Ms. Deepa Kuruvilla, Advocate
Ms. Harsha Kele, Advocate
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Coram:
Justice Kumar Rajaratnam, Presiding Officer
Dr. B. Samal, Member
N.L. Lakhanpal, Member
Per: Justice Kumar Rajaratnam, Presiding Officer
1. By consent, all these appeals are taken up for final disposal. The matter was heard for some time. The appellants in all these appeals filed memorandum dated 19.7.2004 seeking leave of the Tribunal to withdraw the appeal to enable the appellant to face the proceedings under the provisions of the MPID Act. If the appellant ultimately succeeds before the criminal court the appellant seeks leave of the Tribunal to file a review before the respondent.
2. The appeal is disposed of in term of the memo dated 19.7.2004. No order as to costs.
(Pronounced in Court)
Justice Kumar Rajaratnam
Presiding Officer
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N.L. Lakhanpal
Member
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B. Samal
Member
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Place: Mumbai
Date: 19.7.2004
//sr04723