BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 173 of 2011
Date of decision : 21.10.2011 Dangi Financial & Management Consultancy Pvt. Ltd.
(Now known as Libord Consultants Ltd.)
104, M. K. Bhavan,
300, Shahid Bhagat Singh Road,
Fort, Mumbai – 400 001. …… Appellant
Versus
National Stock Exchange of India Ltd.
Exchange Plaza,
Plot No. C/1, G Block,
BandraKurla Complex,
Bandra (E), Mumbai – 400 051. …… Respondent
Mr. J. J. Bhatt, Advocate for the Appellant.
Mr. Sachin Chandarana, Advocate with Ms. Pranika Bhatia, Advocate
for the Respondent.
Coram : P. K. Malhotra, Member
S.S.N. Moorthy, Member
Per : P. K. Malhotra, Member (Oral)
We have heard learned counsel for th e parties for some time. Learned counsel
for the respondent states that the Nationa l Stock Exchange of India Ltd. (NSE) is
willing to clarify that the appellant has ceased to be a defaulter and its name will be
removed from NSE’s list of defaulters. NSE will also issue a circular and press release
in this regard. NSE will take this action within a period of one week from today.
In view of the statement made on behalf of NSE, learned counsel for the
appellant requests that he may be permitted to withdraw the appeal.
Dismissed as withdrawn.
Sd/-
P. K. Malhotra
Member
Sd/-
S.S.N. Moorthy
Member
21.10.2011
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