Surya Pharmaceutical Ltd. vs sebi appeal no.50 of 2012 sat order dated 19 april 2012

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Appeal No. 50 of 2012

Date of decision: 19.4.2012

Surya Pharmaceutical Ltd.
Plot No. 85, HPSIDC, Industrial Area,
Baddi, Distt. Solan,
Himachal Pradesh ……Appellant

Versus

The Whole Time Member,
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C-4A, G-Block,
Bandra Kurla Complex, Bandra (E)
Mumbai- 400 051 …… Respondent

Mr. Ravichandra S. Hegde, Advocate for the Appellant.

Mr. Kumar Desai, Advocate with Mr. Mihir Mody, Advocate for the Respondent.
CORAM : P.K. Malhotra, Member
S.S.N. Moorthy, Member
Per : P.K. Malhotra, Member (Oral)

Learned counsel for the appellant prays that he may be permitted to withdraw the appeal so that the acquirer can be substi tuted as appellant in place of the existing appellant. The request is not opposed. Dismissed as withdrawn with liberty to file a fresh appeal by the acquirer.

Sd/-
P.K.Malhotra
Member
Sd/-
S.S.N. Moorthy
Member

19.4.2012
Prepared & Compared By: Pk