BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 43 of 2012
Date of decision: 24.02.2012
Faststone Trading Co. Pvt. Ltd.
Chamber No.6, Big Three Building,
1st Marine Street,
Mumbai – 400 002. … 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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