BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 159 of 2011
Date of Decision : 14.11.2011
Pushkar Banijya Ltd.
89, Netaji Subhas Road,
1st Floor,
Kolkata – 700 001.
…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. Zal Andhyarujina, Advocate with Mr. Abhishek Borgikar, Advocate for the
Appellant.
Mr. Shiraz Rustomjee, Senior Advocate with Ms. Harshada Nagare, Advocate for the
Respondent.
CORAM : Justice N.K. Sodhi, Presiding Officer
P.K. Malhotra, Member
Per : Justice N.K. Sodhi, Presiding Officer (Oral)
Counsel for the parties state that the questions of law and fact involved in this
appeal are squarely covered by th e decision of this Tribunal in Forever Merchants
Pvt. Ltd. vs. Securities and Exchange Board of India, Appeal no. 154 of 2011 decided
on November 9, 2011. They further state that the present appeal be also disposed of in
the same terms. We order accordingly. No costs.
Sd/-
Justice N.K. Sodhi
Presiding Officer
Sd/-
P.K. Malhotra
Member
14.11.2011
Prepared and compared by :
msb