BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Date of Decision : 05.09.2019

Misc. Application No. 448 of 2019

In Appeal No. 275 of 2017

Securities and Exchange Board of India

SEBI Bhavan, Plot No. C-4A, G Block, Bandra Kurla Complex, Bandra (East), … Applicant Mumbai – 400 051. (Org. Respondent)

Versus

Debi Prasad Patra

Having its Address at CJ-332, Sector – II, Salt Lake City,Kolkata – 700 091. … Respondent (Org. Appellant)

With Misc. Application No. 449 of 2019 In Appeal No. 289 of 2017 Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G Block, Bandra Kurla Complex, Bandra (East), … Applicant Mumbai – 400 051. (Org. Respondent) Versus Tantra Narayan Thakur Having its Address at B-1/46, (2nd Floor), Safdarjung Enclave, … Respondent New Delhi – 110 029. (Org. Appellant) With Misc. Application No. 450 of 2019 In Appeal No. 290 of 2017 Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G Block, Bandra Kurla Complex, Bandra (East), … Applicant Mumbai – 400 051. (Org. Respondent) Versus Nand Gopal Khaitan IB, Old Post Office, … Respondent Street Kolkata – 700 001. (Org. Appellant) With Misc. Application No. 451 of 2019 In Appeal No. 296 of 2017 Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G Block, Bandra Kurla Complex, Bandra (East), … Applicant Mumbai – 400 051. (Org. Respondent) Versus Amit Kiran Deb Having its Address at DA-38, Sector – 1, Salt Lake, Bidhannagar (N) North 24, … Respondent Parganas, Kolkata – 700 064. (Org. Appellant)

Mr. Devashish Mitra, Advocate with Mr. Amit Shinde, Advocate i/b Singhania Legal Services for the Applicant / Original Respondent.

Mr. Vinay Chauhan, Advocate with Mr. K. C. Jacob, Advocate i/b Corporate Law Chamber India for the Respondents / Original Appellants.

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)

1. We have heard the learned counsel for the parties. We clarify our order dated April 3, 2019 and hold that the ex-parte interim order dated June 4, 2013 and the confirmatory order dated July 25, 2017 is quashed in so far as the appellants are concerned.

Sd/- Justice Tarun Agarwala Presiding Officer

Sd/- Dr. C. K. G. Nair Member

Sd/- Justice M. T. Joshi

Judicial Member

05.09.2019

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