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Securities Appellate Tribunal

Inventure Growth & Securities Ltd. vs Sebi on 1 July, 2024

BEFORE THE SECURITIES APPELLATE TRIBUNAL
               MUMBAI
                                                           Date : 01.07.2024

                                 Misc. Application No. 799 of 2021
                                And
                                 Misc. Application No. 754 of 2021
                                And
                               Appeal No. 201 of 2020

Inventure Growth & Securities Ltd.                         ... Appellant

                           Versus

Securities & Exchange Board of India                       ...Respondent


Mr. Kunal Katariya, Advocate with Mr. Sahebrao Wamanrao Buktare, Ms. Ashmita
Goradia, Advocates and Mr. Shardul Shah, CA i/b Shah & Ramaiya, Chartered Accountants
for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                 With
                                Misc. Application No. 179 of 2020
                                And
                                Appeal No. 205 of 2020

Sanjay Gupta                                                   ....Appellant

                          Versus

Securities & Exchange Board of India                        .... Respondent


Mr. Juan D'Souza, Advocate with Mr. Suyash Bhandari, Ms. Nirali Mehta, Advocates i/b.
Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                               With
                               Misc. Application No. 186 of 2020
                               And
                               Misc. Application No. 187 of 2020
                               And
                               Appeal No. 208 of 2020

APL Infrastructure Pvt. Ltd.                                  ..... Appellant
                                            2



                           Versus

Securities and Exchange Board of India                         ... Respondent


Mr. Juan D'Souza, Advocate with Mr. Suyash Bhandari, Ms. Nirali Mehta, Advocates i/b.
Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                    With
                                    Appeal No. 216 of 2020

Deepak Thakkar                                               ..... Appellant

                            Versus

Securities and Exchange Board of India                        ... Respondent

None for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                    With
                                    Appeal No. 227 of 2020

Yatin B. Shah                                                ..... Appellant

                            Versus

Securities and Exchange Board of India                        ... Respondent

Mr. Vinay Chouhan, Advocate for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                    With
                                    Appeal No. 228 of 2020

Hardik Mithani & Anr.                                        ..... Appellants

                            Versus

Securities and Exchange Board of India                        ... Respondent


Mr. Vinay Chouhan, Advocate for the Appellants.
                                            3


Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                   With
                                   Appeal No. 239 of 2020

Rakesh Sharma                                                   ..... Appellant

                              Versus

Securities and Exchange Board of India                           ... Respondent


Mr. V. S. Khanavkar, Advocate for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                   With
                                   Appeal No. 242 of 2020

Dharmesh Shah                                                   ..... Appellant

                              Versus

Securities and Exchange Board of India                           ... Respondent

Mr. Juan D'Souza, Advocate with Mr. Suyash Bhandari, Ms. Nirali Mehta, Advocates i/b.
Mindspright Legal for the Appellant.


Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                   With
                                   Appeal No. 568 of 2020

Nikhil Securities Pvt. Ltd.                                     ..... Appellant

                              Versus

Securities and Exchange Board of India                           ... Respondent


Mr. Kushal Shah, CA i/b Ketan Rupani & Co. for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                   With
                                   Misc. Application No. 800 of 2021
                                                4


                                        And
                                        Appeal No. 485 of 2021

Rakesh Sharma                                                     ..... Appellant

                               Versus

Securities and Exchange Board of India                             ... Respondent



Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                     With
                                    Appeal No. 566 of 2021

Inventure Growth & Securities Ltd.                               ... Appellant

                           Versus

Securities & Exchange Board of India                             ...Respondent


Mr. Kunal Katariya, Advocate with Mr. Sahebrao Wamanrao Buktare, Ms. Ashmita
Goradia, Advocates and Mr. Shardul Shah, CA i/b Shah & Ramaiya, Chartered Accountants
for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                 With
                                 Appeal No. 567 of 2021

APL Infrastructure Pvt. Ltd.                                       ..... Appellant

                               Versus

Securities and Exchange Board of India                              ... Respondent


Mr. Juan D'Souza, Advocate with Mr. Suyash Bhandari, Ms. Nirali Mehta, Advocates i/b.
Mindspright Legal for the Appellant.


Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.


                                     With
                                   Appeal No. 568 of 2021

Sanjay Gupta                                                       ..... Appellant
                                                                  5



                                                    Versus

Securities and Exchange Board of India                                              ... Respondent


Mr. Juan D'Souza, Advocate with Mr. Suyash Bhandari, Ms. Nirali Mehta, Advocates i/b.
Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



                                                         With
                                                         Appeal No. 607 of 2021

Deepak Thakkar                                                                    ..... Appellant

                                                    Versus

Securities and Exchange Board of India                                             ... Respondent

None for the Appellant

Mr. Mihir Mody, Advocate with Mr. Harshvardhan Melanta, Mr. Yash Sutaria, Advocates
i/b K. Ashar & Co. for the Respondent.



ORDER :

1. Adjournment sought by the learned counsel for the appellant in appeal no. 242 of 2020 to change the vakalatnama. By consent, call on August 29, 2024.

Justice P. S. Dinesh Kumar Presiding Officer Ms. Meera Swarup Technical Member Dr. Dheeraj Bhatnagar Technical Member Digitally signed by 01.07.2024 PRAMILA PRAMILA TANAJI MISAL TANAJI MISAL Date: 2024.07.02 11:31:07 +05'30' PTM