BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI

                     Date of Decision: 23.12.2013  

Appeal No. 196 of 2013
Mr Arun Jain
244 Anna Salai,
Chennai-600 006 …Apellt
Versus
Securities and Exchange Board of India,
SEBI Bhavan, Plot No. C-4A, G-Block,
Bandra-Kurla Complex, Bandra (East),
Mumbai – 400 051. …Resondt

Mr. J.J. Bhatt, Senior Advocate with Mr. Ravichandra S. Hegde,
Mr. Abishek Vankatraman and Ms. Arti Raghavan, Advocates for the
Appellant.

Mr. Shiraz Rustomjee, Senior Advocate with Mr. Mihir Mody and
Mr. Pratham V. Masurekar, Advocates for the Respondent.

CORAM : Justice J.P. Devadhar, Presiding Officer
Jog Singh, Member
A.S. Lamba, Member

Per: Justice J.P. Devadhar (Oral)

This appeal is filed to challenge impugned order passed by Whole

Time Member of the Securities and Exchange Board of India on October

9, 2012. Counsel for both the parties state that in view of peculiar facts of

present case, without going into merits of the case and without giving any

reasons impugned order dated October 9, 2012 may be set aside.

Accordingly, appeal is allowed by quashing and setting aside

impugned order dated October 9, 2012 with no order as to costs.

                   Sd/-  

Justice J.P. Devadhar
Presiding Officer

                   Sd/-  
                              Jog Singh   
                       Member   

Sd/-  
   A S Lamba  

Member
23.12.2013
Prepared & Compared By: Pk