Securities Appellate Tribunal
The Bombay Dyeing And Manufacturing ... vs Sebi on 5 March, 2025
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 05.03.2025
Appeal No. 838 of 2022
[Along with Misc. Application No. 1789 of 2022
And Misc. Application No. 1632 of 2022]
The Bombay Dyeing & Manufacturing
Co. Limited & Anr. ...Appellants
Versus
Securities and Exchange Board of India ...Respondent
Mr. Rohan Kelkar, Advocate with Mr. Abhay Jadeja, Mr. Varun
Satiya, Mr. Arun Unnikrishnan and Ms. Urvi Gulechha,
Advocates i/b. Jadeja & Satiya, Advocates for the Appellants.
Mr. Gaurav Joshi, Senior Advocate with Mr. Sumit Rai,
Ms. Kajol Punjabi, Mr. Mihir Mody, Mr. Yash Sutaria and
Mr. Tushar Bansode, Advocates i/b. M/s. K. Ashar & Co. for
the Respondent.
Mr. Rangasaran Mohan, Advocate with Mr. Amarpal Singh
Dua, Advocate and Ms. Ashita Chawla, Advocate, C.S. Anand
Kankani, Company Secretary and C.A. Rohit Mansukhani,
Chartered Accountant i/b Rohit Mansukhani for Intervenor in
Appeal No. 838 of 2022.
WITH
Appeal No. 839 of 2022
Nusli Neville Wadia and Ors. ...Appellants
Versus
Securities and Exchange Board of India ...Respondent
Mr. Darius Khambata, Senior Advocate with Mr. Mustafa
Doctor, Senior Advocate, Mr. Rohan Kelkar, Mr. Tushar
Hathiramani, Mr. Abhay Jadeja, Mr. Varun Satiya, Mr. Arun
Unnikrishnan and Ms. Urvi Gulechha, Advocates i/b. Jadeja &
Satiya, Advocates for the Appellants.
Mr. Gaurav Joshi, Senior Advocate with Mr. Sumit Rai,
Ms. Kajol Punjabi, Mr. Mihir Mody, Mr. Yash Sutaria and
Mr. Tushar Bansode, Advocates i/b. M/s. K. Ashar & Co. for
the Respondent.
2
WITH
Appeal No. 840 of 2022
SCAL Services Limited and Ors. ...Appellants
Versus
Securities and Exchange Board of India ...Respondent
Mr. Navroz Seervai, Senior Advocate with Mr. Abhishek
Venkatraman, Ms. Arti Raghavan and Ms. Sonam Pandey,
Advocates i/b. Sujit Lahoti & Associates Advocates for the
Appellants.
Mr. Sumit Rai, Advocate with Mr. Mihir Mody, Mr. Yash
Sutaria and Mr. Tushar Bansode, Advocates i/b. M/s. K. Ashar
& Co. for the Respondent.
AND
Appeal No. 1016 of 2022
Mr. R. A. Shah & Ors. ...Appellants
Versus
Securities and Exchange Board of India ...Respondent
Mr. Rohan Kelkar, Advocate with Mr. Tushar Hathiramani,
Advocate i/b. Parth Shah, Advocate for the Appellants.
Mr. Sumit Rai, Advocate with Mr. Mihir Mody, Mr. Yash
Sutaria and Mr. Tushar Bansode, Advocates i/b. M/s. K. Ashar
& Co. for the Respondent.
ORDER:
Heard in Part. Call on March 06, 2025 at 10:30 A.M. Justice P. S. Dinesh Kumar Presiding Officer Ms. Meera Swarup Technical Member Dr. Dheeraj Bhatnagar Technical Member 05.03.2025 PRERNA Digitally signed by PRERNA MANISH MANISH KHARE PK KHARE Date: 2025.03.11 11:04:02 +05'30'