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Securities Appellate Tribunal

Vivek Kudva & Ors. vs Sebi on 28 June, 2022

BEFORE THE SECURITIES APPELLATE TRIBUNAL
                 MUMBAI

                                         Date:28.6.2022


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

Vivek Kudva                                 ...Appellant

                 Versus

Securities and Exchange Board of India      ...Respondent

Mr. Pradeep Sancheti, Senior Advocate with Mr. Sharan
Jagtiani, Senior Advocate, Ms. Nidhi Singh, Ms. Deepti
Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, and 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 and Exchange Board of India      ...Respondent

Mr. Suraj Chaudhry, Advocate with Ms. Nidhi Singh,
Ms. Deepti Mohan, Ms. Binjal Samani, Ms. Aditi
Palnitkar and Ms. Moksha Kothari, Advocates i/b. Vidhii
Partners for the Respondent.
                            2




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

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

                  Versus

Securities and Exchange Board of India    ...Respondent
Mr. Janak Dwarkadas, Senior Advocate with Mr. Mustafa
Doctor, Senior Advocate, Ms. Ankita Singhania,
Advocate and Ms. Shruti Rajan, Advocates i/b. Ms.
Shruti Rajan for the Appellant.

Mr. Pradeep Sancheti, Senior Advocate with Mr. Sharan
Jagtiani, Senior Advocate, Ms. Nidhi Singh, Ms. Deepti
Mohan, Ms. Binjal Samani, Ms. Aditi Palnitkar, and 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 and Exchange Board of India    ...Respondent

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and Ms. Moksha
Kothari, Advocates i/b. Vidhii Partners for the
Respondent.
                            3




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

Venkata Radhakirshnan and Anr.
                                          ...Appellant

                 Versus

Securities and Exchange Board of India    ...Respondent

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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 Servivces
Pvt. Ltd.                                 ...Appellant

                 Versus

Securities and Exchange Board of India    ...Respondent

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

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and Ms. Moksha
                              4




Kothari, Advocates    i/b.       Vidhii   Partners   for   the
Respondent.

                     With
                     Misc. Application No.876 of 2021
                     And
                     Appeal No.505 of 2021

Sanjay Sapre
                                                 ...Appellant

                 Versus

Securities and Exchange Board of India          ...Respondent

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

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

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

Santosh Kamath
                                                 ...Appellant

                 Versus

Securities and Exchange Board of India          ...Respondent

Mr. Janak Dwarkadas, Senior Advocate with Mr. Mustafa
Doctor, Senior Advocate, Ms. Ankita Singhania,
                            5




Advocate and Ms. Shruti Rajan, Advocates i/b. Ms.
Shruti Rajan for the Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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 with Mr. Mustafa
Doctor, Senior Advocate, Ms. Ankita Singhania,
Advocate and Ms. Shruti Rajan, Advocates i/b. Ms.
Shruti Rajan for the Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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
                            6




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

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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 with Mr. Mustafa
Doctor, Senior Advocate, Ms. Ankita Singhania,
Advocate and Ms. Shruti Rajan, Advocates i/b. Ms.
Shruti Rajan for the Appellant.

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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
                             7




Mr. Janak Dwarkadas, Senior Advocate with Mr. Mustafa
Doctor, Senior Advocate, Ms. Ankita Singhania,
Advocate and Ms. Shruti Rajan, Advocates i/b. Ms.
Shruti Rajan for the Appellant.
Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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

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

Mr. Sharan Jagtiani, Senior Advocate with Mr. Suraj
Chaudhry, Ms. Nidhi Singh, Ms. Deepti Mohan, Ms.
Binjal Samani, Ms. Aditi Palnitkar, and 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
                                8




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

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

Mywish Marketplaces Pvt. Ltd.                    ...Appellant

                     Versus

Securities and 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, and Ms. Moksha
Kothari, Advocates i/b. Vidhii Partners for the
Respondent.


Order:



1.

List on 27th July, 2022.

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 9 available from the Registry on payment of usual charges.

Justice Tarun Agarwala Presiding Officer Justice M.T. Joshi Judicial Member Ms. Meera Swarup Technical Member Digitally signed RAJALA byRAJALAKSHMI H 28.6.2022 KSHMI NAIR Date:

RHN          H NAIR 2022.07.06
                    09:49:57 +05'30'