In the matter of Pankaj Desai and others

IN THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

 

Appeal No. 63 of 2004

                                                                                   

 Date of Decision       18.07.2006

 

Mr. Pankaj A. Desai M/s. K.P. Investment M/s. K.P. Securities M/s. Shagufta Investments Pvt. Ltd. M/s. Dayanand Finance Mr. Anantrai L. Desai Mrs. Kirtida P. Desai Mrs. Kanta A. Desai Mr. Praful A. Desai Ms. Vrinda D. Desai Mr. Sumit P. Desai and Mr. Darshan P. Desai	……Appellants
Versus
Securities & Exchange Board of India	……Respondent

 

Shri J.J. Bhatt, Advocate for the Appellants

None for the Respondent

 

CORAM:

            Justice N.K. Sodhi, Presiding Officer

            Shri C. Bhattacharya, Member

            Shri R.N. Bhardwaj, Member

 

Per : Justice N.K. Sodhi, Presiding Officer (Oral)

 

            By order dated April 28, 2004 passed by the whole time member of the Securities and Exchange Board of India the appellants had been debarred from buying, selling or dealing in securities in any manner for a period of two years. 

 

.2.

The learned counsel for the appellants states that the period is now over and that the appeal has become infructuous.

            Dismissed as infructuous.

 

Sd/-

Justice N. K. Sodhi
Presiding Officer

Sd/-

C. Bhattacharya
Member

Sd/-

R. N. Bhardwaj
Member

 

RRN