BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI

      Appeal No.188 of 2012 

      Date of decision: 20.11.2012  

1. Alfa Fiscal Services Private Limited
   having its registered office at
   437, Star Chamber, Harihar Chowk,
   Rajkot – 360 001.
2. Hardik Bagadia
   Director of Appellant No.1
   having his address at
   437, Star Chamber, Harihar Chowk,
   Rajkot – 360 001.
3. Bhavesh Sheth
   Director of Appellant No.1
   having his address at
   437, Star Chamber, Harihar Chowk,
   Rajkot – 360 001. … Appellants Versus

Securities and Exchange Board of India
SEBI Bhavan, Plot No.C4-A, G-Block,
Bandra Kurla Complex,
Mumbai – 400 051. … Respondent

Mr. Ravichandra Hegde, Advocate with Mr. Abhishek Venkataraman,
Advocate for Appellants.

Mr. Shiraz Rustomjee, Senior Advocate with Mr. Mihir Mody, Advocate
for the Respondent.

2
CORAM : P. K. Malhotra, Member & Presiding Officer ( Offg. )
S. S. N. Moorthy, Member

Per : P. K. Malhotra (Oral)

During pendency of this appeal, the Securities and Exchange Board of India
has passed an order on October 31, 2012 revoking the interim order passed against the
appellants, which was the subject-matter of appeal. In view of the revocation order
passed by the Board, the appeal has become infructuous.

The appeal stands disposed of accordingly.

              Sd/- 
               P. K. Malhotra  
                             Member &  
                    Presiding Officer ( Offg. )  

          Sd/- 
           S.S.N. Moorthy 
                Member 

20/11/2012
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