Securities Appellate Tribunal

Hasina Kasambhai Shekh vs Securities and Exchange Board of India on 5 October 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 05.10.2026

Appeal No. 321 of 2026

And

Misc. Application No. 963 of 2026

And

Misc. Application No. 964 of 2026

And

Misc. Application No. 965 of 2026

Hasina Kasambhai Shekh

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Ms. Arti Raghavan, Advocate i/b Ernest Tuscano for the Appellant.

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

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ORDER :-

1. Urgency application has worked for itself. Accordingly, Misc. application No. 963 of 2026 is disposed of.

2. Exemption Application bearing Misc. Application No. 965 of 2026 is allowed and disposed of.

3. For the reasons stated therein, the application for condonation of delay is allowed. Delay of 31 days is condoned and Misc. Application No. 964 of 2026 is disposed of.

2

4. Admit.

5. Respondent is allowed six weeks to file reply. Rejoinder, if any, be filed within three weeks thereafter.

6. As prayed, call on October 16, 2026 for consideration of application for stay.

Justice P.S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 05.10.2026 VPM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.10.07 12:40:56 +05'30'

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