Arun Panchariya vs SEBI on 6 October 2026

IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 06.10.2026

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.

Mr. JP Sen, Senior Advocate with Mr. Akash Jain, Mr. Abhishek Nair and Mr. Divyang Salvi, Advocates i/b Mansukhlal Hiralal & Co. for the Respondent.

WITH

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.

WITH

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.

Ms. Nidhi Singh, Advocate with Ms. Komal Shah, Mr. Arav Doss and Ms. Sanjana Kumari, Advocates i/b Vidhii Partners for the Respondent.

WITH

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.

Mr. JP Sen, Senior Advocate with Mr. Akash Jain, Mr. Abhishek Nair and Mr. Divyang Salvi, Advocates i/b Mansukhlal Hiralal & Co. for the Respondent.

WITH

Appeal No. 22 of 2023

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.

AND

Appeal No. 868 of 2023

Arun Panchariya

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Sandeep Wadhawan, Advocate with Mr. Gurjot Singh, Advocate for the Appellant.