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In the matter of M/s. Mega Corporation Ltd

Mar 04, 2008
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Orders : Orders of SAT

BEFORE THE SECURITIES APPELLATE TRIBUNAL

           MUMBAI

 

                   Appeal No.   134 of 2006

                      Date of decision: 4.3.2008

 

M/s. Mega Corporation Ltd.

                                             …..  Appellant

 

Versus

 

 

Securities and Exchange Board of India            

                                         …… Respondent

 

 

Mr. Mukesh Singhal Advocate for the Appellant.

Dr. Poornima Advani Advocate with  Mr. Kaushik R. Advocate for the Respondent.

 

CORAM :  Justice N.K. Sodhi, Presiding Officer

                  Arun Bhargava,  Member

                  Utpal Bhattacharya,  Member

 

 

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

 

This appeal is directed against the interim order dated July 24, 2006 confirming the directions issued by the interim ex-parte order dated October 24, 2005. During the pendency of appeal the respondent Board has passed a final order on February 28, 2008. The present appeal has become infructuous and the same is disposed of accordingly. It will, however, be open to the appellant to challenge the final order in accordance with the law. No costs.

                                                                                                              Sd/-

                                                                                                   Justice N.K.Sodhi.

                                                                                                    Presiding Officer

 

                                                                                                              Sd/-

                                                                                                     Arun Bhargava

                                                                                                          Member

 

                                                                                                             Sd/-

                                                                                                  Utpal Bhattacharya

                                                                                                          Member

4.3.2008

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