Securities Appellate Tribunal
LTS Investment Fund Ltd. vs Securities and Exchange Board of India on 8 October 2026
IN THE SECURITIES APPELLATE TRIBUNAL
AT MUMBAI
Date: 08.10.2026
Appeal No. 260 of 2026
LTS Investment Fund Limited
…Appellant
Versus
Securities and Exchange Board of India …Respondent
Mr. P R Ramesh, Advocate with Mr. Pratyush Gupta, Advocate for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Prapti Kedia and Mr. Ankit Ujjwal, Advocates i/b Agama Law Associates for the Respondent.
With
Appeal No. 266 of 2026
Asia Investment Corp (Mauritius) Limited …Appellant
Versus
Securities and Exchange Board of India …Respondent
Mr. P R Ramesh, Advocate with Mr. Pratyush Gupta, Advocate for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Prapti Kedia and Mr. Ankit Ujjwal, Advocates i/b Agama Law Associates for the Respondent.
With
Appeal No. 268 of 2026
APMS Investment Fund
…Appellant
Versus
Securities and Exchange Board of India …Respondent
Page 1 of 3
Mr. P R Ramesh, Advocate with Mr. Pratyush Gupta, Advocate for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Prapti Kedia and Mr. Ankit Ujjwal, Advocates i/b Agama Law Associates for the Respondent.
With
Appeal No. 273 of 2026
Cresta fund Limited
…Appellant
Versus
Securities and Exchange Board of India …Respondent
Mr. Joby Mathew, Advocate i/b Sterling Associates, Mr. Kush Padamsi for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Prapti Kedia and Mr. Ankit Ujjwal, Advocates i/b Agama Law Associates for the Respondent.
With
Appeal No. 274 of 2026
APMS Investment Fund
…Appellant
Versus
Securities and Exchange Board of India …Respondent
Mr. Ramakant Kini, Advocate for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Prapti Kedia and Mr. Ankit Ujjwal, Advocates i/b Agama Law Associates for the Respondent.
Page 2 of 3
ORDER:
Not on Board. Mentioned today by the SEBI.
2. This praecipe has been filed on behalf of the SEBI. Mr. Sumit Rai, learned Advocate for the SEBI submitted that, in terms of the order dated 28.09.2026, SEBI shall issue a typed copy of the order, but the word ‘Typed Copy’ is not forthcoming in the order in the said order.
3. Mr. P. R. Ramesh, learned Advocate for the appellants fairly submitted that ‘True Copy’ was understood by the appellant as ‘Typed Copy’.
4. In view of the above, SEBI is permitted to issue Typed Copy.
5. List on October 09, 2026.
Justice P. S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member
08.10.2026 KVP
PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.10.09 17:34:58 +05'30'
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