Securities Appellate Tribunal
Dinesh Manwani HUF vs SEBI on 5 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 05.10.2026
Appeal No. 242 of 2026
And
Misc. Application No. 647 of 2026
Dinesh Manwani HUF
….. Appellant
Versus
Securities and Exchange Board of India
… Respondent
Mr. Mohd. Nazim Khan, Advocate for the Appellant.
Mr. Manish Chhangani, Advocate with Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.
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ORDER :-
1. Mr. Manish Chhangani, learned advocate for the SEBI submitted that this is an Illiquid Stock Option matter.
2. Call on December 15, 2026. In the meanwhile, SEBI shall not take any coercive steps.
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 12:55:22 +05'30'