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In the matter of Dollex Industries Ltd

Sep 21, 2004
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Orders : Orders of SAT

IN THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Appeal No.        141/2004

Date of Hearing

21.9.2004

Date of Decision

21.9.2004

 

In the matter of:

Dollex Industries Ltd.

Appellant – Represented by

 

Shri Birendra Saraf, Advocate

Versus

 

 

The Stock Exchange, Mumbai

Respondent – Represented by

 

Mr. P.N. Modi, Advocate

Mr. Sagar Divekar, Advocate

Coram:

          Justice Kumar Rajaratnam, Presiding Officer

          Dr. B. Samal, Member

          N.L. Lakhanpal, Member

 

Per:  Justice Kumar Rajaratnam, Presiding Officer

   1.            Heard the counsel for the appellant and the counsel for the respondent.  It is a matter of regret that while we asked the parties to resolve their differences, an impugned order has been passed subsequently while the matter was pending.  In the circumstances the learned counsel for the appellant has no alternative except to withdraw this appeal. 

   2.            Accordingly, the appeal is dismissed as withdrawn.  Liberty is granted to the appellant to challenge the impugned order.  All contentions left open.  No order as to costs.

(Pronounced in Court)

                  Justice Kumar Rajaratnam

               Presiding Officer

N.L. Lakhanpal

Member

Dr. B. Samal

Member

Place: Mumbai

Date:  21.9.2004

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