M/s Jagatjit Industries Ltd. vs sebi appeal no 2 of 2011 sat order dated 11 maech 2011

       Appeal No. 2 of 2011  

                    Date of decision: 11.3.2011     
  1. M/s Jagatjit Industries Ltd.
    Jagatjit Nagar,
    Distt. Kapurthala,
    Punjab.
  2. Mr. Ravi Manchanda
    4th Floor, Bhandari House, 91,
    Nehru Place, New Delhi- 110 019. ……Appellants Versus </code></pre></li>Securities and Exchange Board of India
    SEBI Bhavan, Plot No. C-4A, G-Block,
    Bandra Kurla Complex, Bandra (E),
    Mumbai- 400 051. BDO Consulting Private Limited
    701, Leela Business Park,
    Andheri-Kurla Road,
    Andheri (E),
    Mumbai-400 059. M/s LP Jaiswal & Sons Pvt. Ltd.
    4th Floor, Bhandari House, 91,
    Nehru Place, New Delhi 110 019. Karamjit Singh Jaiswal,
    No. 6, The Green, Rajokari,
    New Delhi-110 038 …… Respondents

Mr. Navroz Seervai, Senior Advocate w ith Ms. Malini Sud, Advocate and Mr. Ranbir
Singh, Advocate for Appellants.
Mr. Ajay Khaire, Advocate for Respondent no. 1.
None for Respondent no. 2 to 4.

CORAM : Justice N.K. Sodhi, Presiding Officer
P.K. Malhotra, Member
S.S.N. Moorthy, Member
Per : Justice N.K. Sodhi, Presiding Officer (Oral)

Arguments in this appeal were heard on February 22, 2011 and we had reserved
the order. On the request of the counsel for the parties the case has been taken up today.
During the pendency of the appeal, the indepe ndent valuer appointed by the respondent

2
Board has since submitted his report and having perused the same, the appellants do not
wish to press the appeal.

Dismissed as withdrawn.

           Sd/-  
           Justice N.K.Sodhi 
                Presiding Officer  


                                                                                                            Sd/- 
    P.K.Malhotra 
                          Member  

                                                                                                            Sd/- 

11.03.2011 S.S.N. Moorthy
pmb Member

Prepared & Compared By: Prerana

BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI

       Appeal No. 2 of 2011  

                    Date of decision: 11.3.2011     
  1. M/s Jagatjit Industries Ltd.
    Jagatjit Nagar,
    Distt. Kapurthala,
    Punjab.
  2. Mr. Ravi Manchanda
    4th Floor, Bhandari House, 91,
    Nehru Place, New Delhi- 110 019. ……Appellants Versus </code></pre></li>Securities and Exchange Board of India
    SEBI Bhavan, Plot No. C-4A, G-Block,
    Bandra Kurla Complex, Bandra (E),
    Mumbai- 400 051. BDO Consulting Private Limited
    701, Leela Business Park,
    Andheri-Kurla Road,
    Andheri (E),
    Mumbai-400 059. M/s LP Jaiswal & Sons Pvt. Ltd.
    4th Floor, Bhandari House, 91,
    Nehru Place, New Delhi 110 019. Karamjit Singh Jaiswal,
    No. 6, The Green, Rajokari,
    New Delhi-110 038 …… Respondents

Mr. Navroz Seervai, Senior Advocate w ith Ms. Malini Sud, Advocate and Mr. Ranbir
Singh, Advocate for Appellants.
Mr. Ajay Khaire, Advocate for Respondent no. 1.
None for Respondent no. 2 to 4.

CORAM : Justice N.K. Sodhi, Presiding Officer
P.K. Malhotra, Member
S.S.N. Moorthy, Member
Per : Justice N.K. Sodhi, Presiding Officer (Oral)

Arguments in this appeal were heard on February 22, 2011 and we had reserved
the order. On the request of the counsel for the parties the case has been taken up today.
During the pendency of the appeal, the indepe ndent valuer appointed by the respondent

2
Board has since submitted his report and having perused the same, the appellants do not
wish to press the appeal.

Dismissed as withdrawn.

           Sd/-  
           Justice N.K.Sodhi 
                Presiding Officer  


                                                                                                            Sd/- 
    P.K.Malhotra 
                          Member  

                                                                                                            Sd/- 

11.03.2011 S.S.N. Moorthy
pmb Member

Prepared & Compared By: Prerana

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