BEFORE THE
SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 16.07.2019
Misc. Application No. 373 of 2019
In
Appeal No. 257 of 2019
Securities and Exchange Board of India …Applicant
SEBI Bhavan, Plot No. C-4A,
(Orig. Respondent
G-Block, Bandra-Kurla Complex,
No. 1)
Bandra (East),
Mumbai – 400 051.
Versus
1. Keshav Prasad Misra
Flat No.1204, B-Wing,
12th Floor, Shah Arcade 2,
Rani Sati Marg,
Malad (East),
Mumbai – 400097.
2. Adhirath
B-10, Jwalaji Apartments,
26-Mohini Road,
Dalanwala,
Dehradun-248001.
3. Ahipal Singh
19/771, Indira Nagar,
Lucknow – 226016.
4. Ajeet Kumar Singh
House No.227A,
Rai Colony,
Miyanpur,
Jaunpur-222002.

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5. Amit Kumar Singh
House No.227A,
Rai Colony,
Miyanpur,
Jaunpur-222002.
6. Asha Rani Sekhri
House No.C-3/157,
Sector 36,
Noida – 201301.
7. Ashutosh Narain
Rai Village & Post-Pandah
Ballia-277303.
8. Bethika Partap Singh
Guru Hari Farm,
Sultanpur Village,
Mehrauli Gadaipur,
Delhi-110030.
9. Celeste Towers Social Welfare Society
D-194, Sector 10,
Noida-201301.
10. Chandra Shekhar Rai
5/802, C2,
Shakti Kunj Apartment,
Sector 62,
Noida.
11. Dal Chandra Rastogi
House No.B-53,
Sarvodya Enclave,
Delhi-110017.
12. Dinesh Kumar Rai
19112 ATS Green Paradiso
Sector CHI 4,
Greater Noida-201310.
13. Ennar Portfolio LLP
5th Floor, SB Tower,
Sector 16A,
Noida-201301.

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14. Gita Sikand
House No.8,
Kasturba Gandhi Marg, GPO,
Delhi-110001.
15. Indira Sikand House
No.8, Kasturba Gandhi Marg,
GPO, Delhi-110001.
16. JJ Tradelinks Pvt. Ltd.
A-70, Sector 58,
Noida-201301.
17. Joydeep Nayar
J 202, Pearl Gateway Towers,
Sector 44,
Noida-201301.
18. Kamaljit Kaur
Virdi House No.212,
Akashganga Apartment,
Pocket -4, Sector 24,
Rohini, Delhi-110085.
19. Kesar Singh
House No.A-101,
Mansara Apartment,
Vasundhara Enclave,
New Delhi- 110096.
20. Kirpal Singh
Virdi House No.212,
Akashganga Apartment
Pocket-4, Sector 24, Rohini,
Delhi-110085.
21. Kusum Sanduja
A 91, Ground Floor,
Sector 26,
Noida – 201301.
22. Mridula Rai
5/802, C2,
Shakti Kunj Apartment,
Sector 62, Noida.

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23. Nakul Marwah
H-37A, Kalkaji,
Delhi-110019.
24. Neelam Rai
19112 ATS Green Paradiso
Sector CHI 4,
Greater Noida-201310.
25. Niharika Rai
House No.200,
Sector 29,
Noida-201303.
26. Onkar Nath Singh
P2-04, Silver City Apartment,
Sector 93,
Noida – 201304.
27. Padmeshwari Prasad Rai
Village & Post-Pandah Ballia,
U.P.-277303.
28. Parul Sinha
A-602, Rohtas Presidential Tower,
Vibhuti Khand, Gomti Nagar,
Lucknow – 226010.
29. Prakash Chandra Rai
A-92, Meenal Residency,
J.K. Road,
Bhopal-462023.
30. Prem Kumar Sekhri
House No.C-3/157,
Sector 36,
Noida – 201301.
31. Pushpa Rai
House No.2, Sector 14,
Kharagpur, Indira Nagar,
Lucknow- 226016.
32. Rajeev Rai House No.200,
Sector 29,
Noida-201303.

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33. Ravi Sanduja HUF
A 91, Sector 26,
Noida-201301.
34. Ravinder Kaur
E 254, Ground Floor,
Greater Kailash Part 2,
Delhi-110048.
35. Saroj Kumar Jha
BH-499, East Shalimar Bagh,
New Delhi – 110088.
36. Sarrthak Sanduja
A 91, Sector 26,
Noida – 201301.
37. Shakuntla Rastogi
332 Dhruva Apartment I P Extension,
Delhi-110092.
38. Siddharth Sanduja
A 91, Sector 26,
Noida – 201301.
39. Smita Singh
16 NER Colony
Bandariyabagh,
Igartan Road,
Lucknow – 226001.
40. Swarnim
B-10, Jwalaji Apartments,
26-Mohini Road,
Dalanwala,
Dehradun-248001.
41. Urmila Rai
19/771, Indira Nagar,
Lucknow-226016.
42. Vaishali Goyal
27A, Old Vijay Nagar Colony,
Vijay Nagar,
Agra-282004.

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43. Vedangana Rai
House No.200, Sector 29,
Noida-201303.
44. Vinita Singh
D 901, Sunshine Helios,
Sector 78,
Noida-201301.
45. National Stock Exchange of India Ltd.
Exchange Plaza, Block G, C 1,
Bandra Kurla Complex, G Block BKC,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra – 400051.
46. National Securities Depository Ltd.
Trade World, A Wing, 4th Floor,
Kamala Mills Compound, Lower Parel,
Mumbai – 400 013.
47. Dalmia Bharat Group (Dalmia Bharat
Limited) Dalmiapuram, Thiruchirapalli
Tamil Nadu-621651.
48. Allied Financial Services Pvt. Ltd.
Flat No.1206, 12th Floor,
Vijaya Building,
17 Barakhamaba Road,
New Delhi-110 001.
49. Mr. Awanish Kumar Mishra
Flat No.1807, Mahagun Maple,
Sector 50,
Noida – 201301.
50. Money Mishra Financial Services
Flat No.1807, Mahagun Maple,
Sector 50,
Noida – 201301.
51. Money Mishra Overseas Pvt. Ltd.
C-1/32, 3rd Floor,
Old Village Jasola Okhla,
New Delhi – 110025.

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52. IL&FS Securities Services Ltd.
IL&FS House,
Raheja Vihar, Chandivili,
Andheri (East),
Mumbai -400072 Maharashtra
…Respondents
Mr. Mustafa Doctor, Senior Advocate with Mr. Mihir Mody and
Mr. Sushant Yadav, Advocates i/b K Ashar & Co. for Applicant
(Org. Respondent No. 1) SEBI.
Mr. L.S. Shetty, Advocate with Ms. Sanika Lalit, Advocate i/b
Shetty, Malhotra & Associates for Respondent Nos. 1 to 44
(Orig. Appellant Nos. 1 to 44).
Mr. Rahul Jain, Advocate i/b MKA & Co. for Respondent No.
45 (Orig. Respondent No. 2) NSEIL.
Mr. Pulkit Sukhramani, Advocate with Ms. Stuti Shah,
Advocate i/b J. Sagar Associates for Respondent No. 46 (Orig.
Respondent No. 3) NSDL.
Mr. Tomu Francis, Advocate with Mr. Manish Chhangani,
Advocate i/b Khaitan & Co. for Respondent No. 47 (Orig.
Respondent No. 4) Dalmia.
Mr. Robin Shah, Advocate for Respondent Nos. 48, 49, 50 & 51
(Orig. Respondent Nos. 5 to 8).
Mr. Piyush Raheja, Advocate i/b Cyril Amarchand Mangaldas
for Respondent No. 52 (Orig. Respondent No. 9) IL&FS.

CORAM : Justice Tarun Agarwala, Presiding Officer
Dr. C.K.G. Nair, Member
Justice M.T. Joshi, Judicial Member
Per : Justice Tarun Agarwala, Presiding Officer (Oral)
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1.

The applicant does not wish to press the Misc.

Application.

2.

Dismissed as not pressed.

Sd/Justice Tarun Agarwala
Presiding Officer
Sd/Dr. C.K.G. Nair
Member
Sd/-
Justice M.T. Joshi
Judicial Member
16.07.2019
Prepared and compared by:msb