Securities Appellate Tribunal
Roselabs Finance Ltd. vs Sebi on 19 October, 2020
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 19.10.2020
Misc. Application No. 356 of 2020
(Urgency Application)
And
Appeal No. 101 of 2020
Roselabs Finance Ltd. ....Appellant
Versus
Securities and Exchange Board of India ...Respondent
Mr. Zal Andhyarujina, Advocate with Ms. Shruti Sardessai,
Ms. Sneha Jaisingh, Mr. Mehul Jain and Mr. Chirag Chhabra,
Advocates i/b Bharucha & Partners for the Appellant.
Ms. Rajani Iyer, Senior Advocate with Mr. Abhiraj Arora and
Ms. Rashi Dalmia, Advocates i/b ELP for the Respondent.
ORDER:
1. We have heard Shri Zal Andhyarujina, the learned counsel for the appellant and Ms. Rajani Iyer, the learned senior counsel for the respondent through video conference.
2. Three weeks time is allowed to the respondent to file a reply. Another two weeks thereafter to the appellant to file a rejoinder.
3. The matter would be listed for admission and for final disposal on December 15, 2020. The urgency application is disposed of.
2
4. Parties are directed to take instructions from the Registrar 48 hours before the date fixed in order to find out as to whether the matter would be taken up for hearing through video conference or through physical hearing.
5. The present matter was heard through video conference due to Covid-19 pandemic. At this stage it is not possible to sign a copy of this order nor a certified copy of this order could be issued by the registry. In these circumstances, this order will be digitally signed by the Presiding Officer on behalf of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Parties will act on production of a digitally signed copy sent by fax and/or email.
Justice Tarun Agarwala Presiding Officer TARUN Digitally signed by TARUN AGARWAL DN: c=IN, o=PUBLIC WORKS DEPARTMENT UTTAR PRADESH, postalCode=221505, st=Uttar Pradesh, 2.5.4.20=30fcf68685192bbc53e6ff1608a83fb3881de7ac2ab79 AGARWAL 54d509c85ed6e0f7c41, serialNumber=095f8b286bb0b1cd07ff676611f4f5e7999727d4 04aa38ca422f9d3529bdb8a3, cn=TARUN AGARWAL Date: 2020.10.20 12:16:51 +05'30' Dr. C.K.G. Nair Member Justice M.T. Joshi Judicial Member 19.10.2020 msb