2. At the outset, Shri J.P. Sen, learned Senior Advocate
appearing for the Securities and Exchange Board of India1
submitted that in similar circumstances, this Tribunal in
Gautam Thapar & Ors. v SEBI& Anr.2 has directed issuance
of show cause notice, if any, within four weeks and thereafter
to decide the matter within an outer limit of six months.
2. At the outset, Shri J.P. Sen, learned Senior Advocate
appearing for the Securities and Exchange Board of India1
submitted that in similar circumstances, this Tribunal in
Gautam Thapar & Ors. v SEBI& Anr.2 has directed issuance
of show cause notice, if any, within four weeks and thereafter
to decide the matter within an outer limit of six months.
2. At the outset, Shri J.P. Sen, learned Senior Advocate
appearing for the Securities and Exchange Board of India1
submitted that in similar circumstances, this Tribunal in
Gautam Thapar & Ors. v SEBI& Anr.2 has directed issuance
of show cause notice, if any, within four weeks and thereafter
to decide the matter within an outer limit of six months.
2. At the outset, Shri J.P. Sen, learned Senior Advocate
appearing for the Securities and Exchange Board of India1
submitted that in similar circumstances, this Tribunal in
Gautam Thapar & Ors. v SEBI& Anr.2 has directed issuance
of show cause notice, if any, within four weeks and thereafter
to decide the matter within an outer limit of six months.
2. At the outset, Shri J.P. Sen, learned Senior Advocate
appearing for the Securities and Exchange Board of India1
submitted that in similar circumstances, this Tribunal in
Gautam Thapar & Ors. v SEBI& Anr.2 has directed issuance
of show cause notice, if any, within four weeks and thereafter
to decide the matter within an outer limit of six months.