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Securities Appellate Tribunal

Karvy Stock Broking Ltd. vs Sebi on 11 February, 2020

Author: Tarun Agarwala

Bench: Tarun Agarwala

BEFORE THE SECURITIES APPELLATE TRIBUNAL
                 MUMBAI


                                     Date of Decision : 11.02.2020


                            Appeal No. 65 of 2020


Karvy Stock Broking Ltd.
Plot No. 31/P, Karvy Millenium,
Nanakramguda, Financial District,
Gachibowli, Hyderabad,
Telangana - 500032.                           ......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.   Vikram     Nankani,   Senior     Advocate   with   Mr.   KRCV
Seshachalam, Ms. Sabeena Mahadik, Mr. Pankaj Uttaradhi,
Mr. Aayush Kothari, Advocates i/b M/s. Visesha Law Services for
the Appellant.
Mr. Rafique Dada, Senior Advocate with Mr. Anubhav Ghosh,
Ms. Rashi Dalmia, Advocates i/b The Law Point for the Respondent.



CORAM : Justice Tarun Agarwala, Presiding Officer
        Dr. C. K. G. Nair, Member
        Justice M. T. Joshi, Judicial Member
                                    2




Per : Justice Tarun Agarwala, Presiding Officer (Oral)



1.

A statement has been made by the learned senior counsel for the appellant for the withdrawal of the appeal with liberty to raise all the grounds mentioned in the appeal before Securities and Exchange Board of India (SEBI). In view of the aforesaid, the appeal is dismissed as not pressed.

Sd/-

Justice Tarun Agarwala Presiding Officer Sd/-

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

Justice M. T. Joshi Judicial Member 11.02.2020 Prepared & Compared by PTM