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In the matter of Asman Investments Ltd

Jul 06, 2005
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Orders : Orders of SAT

IN THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

 

 Appeal No. 108/2004

 

 

Date of Hearing

24.6.2005

Date of Decision

6.7.2005

 

In the matter of:

 

Asman Investments Ltd.

Appellant – Represented by

 

Mr. Virag Tulzapurkar, Advocate

Versus

 

 

Securities & Exchange Board

Respondent –Represented by

of India

Mr. Rohit Kapadia, Sr. Advocate

with Mr. Cherag Balsara, Mr. Jayesh K. Ashar & Mr. Bhavik Narsana, Advocates

 

Coram:

            Justice Kumar Rajaratnam, Presiding Officer

            C. Bhattacharya, Member

            R. N. Bhardwaj, Member

 

 

Per:  Justice Kumar Rajaratnam, Presiding Officer

 

 

   1.            Following the judgement in appeal numbers 106/2004 & 106A/2004 in Hitachi Home & Life Solutions Inc. & Anr. dated 6.7.2005 and for the reasons stated therein, the impugned order is set aside.

 

   2.            The appeal is disposed of accordingly.  No order as to costs.

 

 

                                  Justice Kumar Rajaratnam

                                   Presiding Officer

 

R.N. Bhardwaj

Member

C. Bhattacharya

Member

 

Place: Mumbai

Date: 6.7.2005

 

 

//SR7055