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Securities Appellate Tribunal

Vivek Kudva vs Sebi on 27 July, 2022

BEFORE THE SECURITIES APPELLATE TRIBUNAL
               MUMBAI

                                                              Date : 27.07.2022


                                   Misc. Application No. 757 of 2021
                                   And
                                   Appeal No. 440 of 2021

Vivek Kudva                                                  ..... Appellant

                        Versus

Securities & Exchange Board of India                          ... Respondent


Mr. Mustafa Doctor, Senior Advocate with Mr. Ranjit Shetty, Mr. Luckyraj Indorkar,
Mr. Rahul Dev, Ms. Avina Karnad, Advocates i/b Argus Partners for the Appellant.

Mr. Pradeep Sancheti, Senior Advocate with Mr. Sharan Jagtiani, Senior Advocate and Ms.
Nidhi Singh, Ms. Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha
Kothari, Advocates i/b Vidhii Partners for the Respondent.


                                   With
                                   Misc. Application No. 758 of 2021
                                   And
                                   Appeal No. 441 of 2021

Roopa Kudva                                                  ..... Appellant

                        Versus

Securities & Exchange Board of India                          ... Respondent


Mr. Mustafa Doctor, Senior Advocate with Mr. Ranjit Shetty, Mr. Luckyraj Indorkar,
Mr. Rahul Dev, Ms. Avina Karnad, Advocates i/b Argus Partners for the Appellant.

Mr. Suraj Chaudhry, Advocate with Ms. Nidhi Singh, Ms. Deepti Mohan, Ms. Binjal
Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b Vidhii Partners for the
Respondent.


                                  With
                                  Misc. Application No. 986 of 2021
                                  And
                                  Appeal No. 443 of 2021
                                              2




Franklin Templeton Asset Management (India) Pvt. Ltd.           ..... Appellant

                            Versus

Securities and Exchange Board of India                           ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Pradeep Sancheti, Senior Advocate with Mr. Sharan Jagtiani, Senior Advocate and Ms.
Nidhi Singh, Ms. Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha
Kothari, Advocates i/b Vidhii Partners for the Respondent.


                                      With
                                      Misc. Application No. 866 of 2021
                                      And
                                      Appeal No. 502 of 2021

Jayaram S. Iyer                                               ....Appellant

                           Versus

Securities & Exchange Board of India                          ... Respondent


Mr. Mustafa Doctor, Senior Advocate with Mr. Ranjit Shetty, Mr. Luckyraj Indorkar,
Mr. Rahul Dev, Ms. Avina Karnad, Advocates i/b Argus Partners for the Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                      With
                                      Misc. Application No. 867 of 2021
                                      And
                                      Appeal No. 503 of 2021

Venkata Radhakrishnan & Anr.                                  ....Appellants

                           Versus

Securities & Exchange Board of India                          ... Respondent


Mr. Mustafa Doctor, Senior Advocate with Mr. Ranjit Shetty, Mr. Luckyraj Indorkar,
Mr. Rahul Dev, Ms. Avina Karnad, Advocates i/b Argus Partners for the Appellants.
                                              3




Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Misc. Application No. 868 of 2021
                                  And
                                  Appeal No. 504 of 2021

Franklin Templeton Trustee Services Pvt. Ltd.                  ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Appeal No. 505 of 2021

Mr. Sanjay Sapre                                               ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                      With
                                      Misc. Application No. 869 of 2021
                                      And
                                      Appeal No. 506 of 2021
                                              4



Santosh Kamath                                                 ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Misc. Application No. 870 of 2021
                                  And
                                  Appeal No. 507 of 2021

Kunal Agrawal                                                  ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                      With
                                      Appeal No. 508 of 2021

Sumit Gupta                                                    ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.
                                            5



Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Appeal No. 509 of 2021

Pallab Roy                                                     ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Appeal No. 510 of 2021

Sachin Padwal Desai                                            ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Appeal No. 511 of 2021

Umesh Sharma                                                   ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent
                                              6




Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                  With
                                  Appeal No. 512 of 2021

Saurabh Gangrade                                               ..... Appellant

                            Versus

Securities and Exchange Board of India                          ... Respondent


Mr. Janak Dwarkadas, Senior Advocate and Mr. Mustafa Doctor, Senior Advocate with
Ms. Ankita Singhania, Ms. Shruti Rajan, Advocates i/b Ms. Shruti Rajan, Advocate for the
Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.


                                      With
                                      Misc. Application No. 890 of 2021
                                      And
                                      Appeal No. 524 of 2021

Mywish Marketplaces Pvt. Ltd.                                  ..... Appellant

                            Versus

Securities & Exchange Board of India                            ... Respondent

Mr. Arka Saha, Advocate i/b Khaitan & Co. for the Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj Chaudhry, Ms. Nidhi Singh, Ms.
Deepti Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, Ms. Moksha Kothari, Advocates i/b
Vidhii Partners for the Respondent.
                                        7



ORDER :

1. As prayed by the appellants, list on August 25, 2022 for final hearing.

2. This order will be digitally signed by the Private Secretary on behalf of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Certified copy of this order is also available from the Registry on payment of usual charges.

Justice Tarun Agarwala Presiding Officer Justice M. T. Joshi Judicial Member Ms. Meera Swarup RAJALA Digitally by signed Technical Member 27.07.2022 KSHMI RAJALAKSHMI NAIR H Date: 2022.08.02 H NAIR 16:19:49 +05'30' PTM