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In the matter of C. Mackertich Ltd

Jun 13, 2006
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Orders : Orders of Chairman/Members

IN THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

 

 

Appeal No. 73 of 2005

 

Date of Decision

13.6.2006

 

C. Mackertich Ltd.

Ajay Kumar Kayan

 

……

 

Appellants

 

Versus

 

 

 

1. Securities & Exchange Board of India

2. Calcutta Stock Exchange Association Ltd.

 

……

 

Respondents

 

Present : Mr. Ravikumar Varanasi, Advocate for the appellants

 Mr. Dipan Merchant, Sr. Advocate with Mr. U.N. Das, Advocate for respondent no. 1

 

Coram:

 Justice N.K. Sodhi, Presiding Officer

 R. N. Bhardwaj, Member

 

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

 

 

 Learned counsel for the parties are agreed that the dispute herein is squarely covered in favour of the appellant and against the respondent Board by our order dated 9.5.2006 passed in Alliance Finstock Ltd. & anr. vs. SEBI & anr. Appeal no. 123/2004 and they pray that the appeal be disposed of in the same terms.  We order accordingly. 

R.N. Bhardwaj

Member

Justice N.K. Sodhi

Presiding Officer
13.6.2006