SBJ Trading (I) Pvt. Ltd. vs sebi appeal no.38 of 2012 sat order dated 24 february 2012

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Appeal No. 38 of 2012

Date of decision: 24.02.2012

SBJ Trading (I) Pvt. Ltd.
11, Ashray Bldg.,
40, JSS Road, Opera House,
Mumbai – 400 004. … Appellant

Versus

Securities and Exchange Board of India
SEBI Bhavan, Plot No.C-4A, ‘G’ Block,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051. … Respondent

Mr. Ankit Lohia, Advocate and Mr. Manish Chhangani, Advocate for the Appellant.
Ms. Harshada Nagare, Advocate for the Respondent.

Coram : P. K. Malhotra, Member
S.S.N. Moorthy, Member
Per : P. K. Malhotra, Member (Oral)

After hearing the learned counsel for the parties, we are of the view that appeal can be disposed off in terms of the order passed by this Tribunal in Appeal no. 163 of 2011 (M/s. Alka Diamond Industries Limited v. Securities and Exchange Board of India) decided on October 14, 2011. We order accordingly. No costs.

Sd/-
P. K. Malhotra
Member
Sd/-
S.S.N. Moorthy
Member
24/02/2012
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