BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI Date of Decision : 15.03.2019 Misc. Application No. 134 of 2019 In Appeal (L) No. 250 of 2018 Mr. Tushar Rane S/o. Ramchandra Rane, 213, Victor Shelter, Mithagar Road, Kandarpada, Dahisar (West), ….. Applicant 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. J.A. Udaipuri, Advocate with Ms. S.K. Electricwala i/b. M/s. Udaipuri & Co. for the Appellant. Ms. Vidhi Jhawar, Advocate i/b The Law Point for the Respondent. CORAM : Justice Tarun Agarwala, Presiding Officer Dr. C.K.G. Nair, Member Per : Justice Tarun Agarwala, Presiding Officer (Oral)
1. An application has been filed for restoration of the
appeal. This appeal was dismissed earlier because the objection raised by the Registry had not been cleared. We find that the impugned order is of the year 2013. There is a delay of more than 5 years. Consequently, there is no valid reason to restore the appeal.
2. The restoration application is dismissed.
Sd/- Justice Tarun Agarwala Presiding Officer Sd/- Dr. C.K.G. Nair Member 15.03.2019 Prepared and compared by:msb