BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Appeal No. 38 of 2011
Date of Decision : 07.06.2011
- Advance Finstock Pvt. Ltd.
- Mr. Popatlal K. Shah
- Mr. Karul P. Shah
- Mr. Anand B. Hundia
- Mr. Rajesh B. Hundia
- Mr. Sanjay B. Hundia
Having office at 6, 1st floor,
Rangwala Market,
Sakar Bazar,
Ahmedabad – 2. …Appellants
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. S.H. Bohra, Advocate for Appellants.
Mr. Shiraz Rustomjee, Advocate with Ms. Harshada Nagare, Advocate for the
Respondent.
CORAM : Justice N.K. Sodhi, Presiding Officer
S.S.N. Moorthy, Member
Per : Justice N.K. Sodhi, Presiding Officer (Oral)
After hearing the learned counsel for the parties we are of the view that the appeal can be disposed of in terms of the order passed by this Tribunal in Appeal no. 98 of 2010 (Mr. Nimesh Chitalia vs. Securities and Exchange Board of India) decided on 8.9.2010. We order accordingly. No costs.
Sd/-
Justice N.K. Sodhi
Presiding Officer
Sd/-
S.S.N. Moorthy
Member
07.06.2011
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