Roopram Sharma

Mar 07, 2005

Orders : Orders of Courts

Sup. C. 52

IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICITON

CIVIL APPEAL NO 4242 OF 2004

(Appeal admitted by this Court’s Order dated 7^th March, 2005 under Section 15-Z of the Securities and Exchange Board of India Act, 1992 against the impugned Final Order dated 19^th September, 2002 passed by the Securities Appellate Tribunal, Mumbai in Appeal No. 20 of 2002)

WITH

INTERLOCUTORY APPLICATION NO. 2

(Application for stay)

Securities & Exchange Board of India

Through its Chairman

Mittal Court, B- Wing,

1^st Floor, 224, Nariman Point,

Mumbai 400 021 …Appellant

- Versus –

Roopram Sharma

R/o 5/49, Vallabhnagar Flats,

Nava Bapunagar, Char Rasta,

Bapunagar, Ahmedabad 380 024 …Contesting Respondent

7th March, 2005

CORAM:

HON’BLE MRS. JUSTICE RUMA PAL

HON’BLE MR. JUSTICE C. K. THAKKER

For the Appellant:- Ms. Indu Malhotra, Advocate.

The application for stay in the Appeal above-mentioned being called on for hearing before this Court on the 7^th day of March, 2005. UPON perusing the papers and hearing Counsel for the Appellant herein THIS COURT DOTH ORDER that there shall be stay of the impugned Final Order dated 19^th September, 2002 of the Securities Appellate Tribunal at Mumbai in Appeal No. 20 of 2002.

AND THIS COURT DOTH FURTHER ORDER THAT THIS ORDER be punctually observed and carried into execution by all concerned.

WITNESS the Hon’ble Shri. Ramesh Chandra Lahoti, Chief Justice of India, at the Supreme Court, New Delhi, dated this the 7^th day of March, 2005.

(NIRMAL KUMAR)

DEPUTY REGISTRAR (JUDICIAL)