IN THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 108/2004
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Date of Hearing
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24.6.2005
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Date of Decision
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6.7.2005
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In the matter of:
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Asman Investments Ltd.
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Appellant – Represented by
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Mr. Virag Tulzapurkar, 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
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Mr. Rohit Kapadia, Sr. Advocate
with Mr. Cherag Balsara, Mr. Jayesh K. Ashar & Mr. Bhavik Narsana, Advocates
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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
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R.N. Bhardwaj
Member
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C. Bhattacharya
Member
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Place: Mumbai
Date: 6.7.2005
//SR7055