BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date of Decision : 03.12.2019
Misc. Application No. 582 of 2019
And
Appeal No. 485 of 2019
Nithish Bangera
C/304, Aishwarya Enclave,
Yashwantrao Tawde Marg,
Near Dahisar Bridge, Dahisar (West),
Mumbai – 400 068.

….. 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. Nithish Bangera, Appellant in person.
Mr. Pradeep Sancheti, Senior Advocate with Mr. Mihir Mody,
Mr. Shahoob Roshan, Advocates i/b K. Ashar & Co. for the
Respondent.

CORAM : Dr. C. K. G. Nair, Member
Justice M. T. Joshi, Judicial Member
Per : Justice M. T. Joshi, Judicial Member (Oral)
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Misc. Application No. 582 of 2019 :
1.

Heard. For the reasons stated in the Misc. Application, delay
of 657 days in filing the appeal is condoned. Misc. Application is
disposed of.

Appeal No. 485 of 2019 :
1.

Heard the appeal at the stage of admission. Learned senior
counsel for the respondent submitted that the orders are yet to be
passed in the proceedings and all the grievances of the appellant
can be made before the Whole Time Member.

He also fairly
submitted that the proceedings can be possibly disposed of within six
months from today. In view of the said statement, the appeal is
disposed of at this stage with no orders as to costs.

Sd/Dr. C. K. G. Nair
Member
Sd/Justice M. T. Joshi
Judicial Member
03.12.2019
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