BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI

Appeal No. 205 of 2010
Date of Decision : 24.01.2011

Mr. Pradipta Chatterjee
B 306 / 307, Indira Apartments,
Govandi CHS Ltd. Opp. US Vitamins,
Govandi Station Road,
Mumbai – 400 088.

     …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. Deepak Dhane, Advocate for the Appellant.
Dr. Poornima Advani, Advocate with Mr. Ajay Khaire and Ms. Amrita Joshi,
Advocates for the Respondent.
CORAM : Justice N.K. Sodhi, Presiding Officer
P.K. Malhotra, Member
S.S.N. Moorthy, Member

Per : Justice N.K. Sodhi, Presiding Officer (Oral)

Learned counsel for the respondent Boar d states that the amount of penalty
levied by the adjudicating officer on Mega Mi llennium Securities Pvt. Ltd. shall be
recovered from this company and not from the appellant in his individual capacity as
a director. In view of this statement, the appeal has become infructuous and the same
is disposed of accordingly.
Sd/-
Justice N.K. Sodhi
Presiding Officer

          Sd/-    
           P.K. Malhotra 
                             Member  

                Sd/-  
                         S.S.N. Moorthy  
                        Member 

24.1.2011
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