Sanjay Gupta vs SEBI on 7 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 07.10.2026

Appeal No. 205 of 2020

Sanjay Gupta

….Appellant

Versus

Securities & Exchange Board of India

…. Respondent

Ms. Supriya Nair, Advocate i/b. Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K. Ashar & Co.

for the

Respondent.

With

Appeal No. 208 of 2020

APL Infrastructure Private Limited

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Ms. Supriya Nair, Advocate i/b. Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 216 of 2020

Deepak Thakkar

... Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 227 of 2020

Yatin B. Shah

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Vinay Chauhan, Advocate with Mr. Anand Kankani, CS, Ms. Muskan Kadiwar, CS and Ms. Payal Lad, Ms. Vedica Gaggar, Ms. Vedika Sharma, Advocates i/b. A Kankani &

Associates for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 228 of 2020

Hardik Mithani & Anr.

... Appellants

Versus

Securities and Exchange Board of India

… Respondent

Mr. Vinay Chauhan, Advocate with Mr. Anand Kankani, CS, Ms. Muskan Kadiwar, CS and Ms. Payal Lad, Ms. Vedica Gaggar, Ms. Vedika Sharma, Advocates i/b A Kankani &

Associates for the Appellants.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 242 of 2020

Dharmesh Shah

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Ms. Supriya Nair, Advocate i/b. Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K. Ashar & Co. for the Respondent.

With

Appeal No. 567 of 2021

APL Infrastructure Pvt. Ltd.

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Ms. Supriya Nair, Advocate i/b. Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 568 of 2021

Sanjay Gupta

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Ms. Supriya Nair, Advocate i/b. Mindspright Legal for the Appellant.

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.

With

Appeal No. 607 of 2021

Mr. Deepak Thakkar

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Mihir Mody, Advocate with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka, Mr. Vignesh Narayanan, Advocates i/b K.

Ashar

&

Co.

for

the

Respondent.