Securities Appellate Tribunal
K. Subash vs Securities and Exchange Board of India on 9 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 09.10.2026
Appeal No. 336 of 2026
[Along with Misc. Application Nos. 910, 911 & 912 of 2026]
K. Subash
…Appellants
Versus
Securities and Exchange Board of India
…Respondent
Mr. Nithyaesh Natraj with Mr. Vaibhav R. Venkatesh, Mr.
Anirudh A. Sriram and Mr. Vishal S., Advocates for the Appellant.
Mr. Manish Chhangani with Mr. Karthik K.P and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent –
SEBI.
ORDER:
Learned Advocate for the appellant submitted that appellant’s property is sought to be auctioned and prayed that the applications for interim prayer may be disposed of in like terms as in Appeal No. 296 of 2026. Learned Advocate for the respondent has no objection.
2. Admit.
3. Respondent is allowed six weeks to file reply. Rejoinder, if any, be filed within three weeks thereafter.
4. Pending consideration of final hearing, the proposed auction of the following property shall remain stayed.
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“The agricultural dry lands admeasuring 1.01 acres comprised in Survey No. 82/3A, Samanatham Village, Madurai South Taluk, Madurai District, covered under MR Nos. 27787-16 and 28837-16, is set out in paragraph 13 at Page 5 of the Impugned Order.”
5. Accordingly, Misc. Application Nos. 910, 911 and 912 of 2026 are disposed of.
6. Call on 12.01.2027.
Justice P.S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 09.10.2026 msb MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.10.12 13:55:35 +05'30'
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