Sandeep Ghate vs SEBI on 12 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 12.10.2026

Appeal No. 542 of 2025

And

Misc. Application No. 1349 of 2025

Sandeep Ghate

….. Appellant

Versus

Securities & Exchange Board of India

… Respondent

Mr. Pesi Modi, Senior Advocate with Mr. Neville Lashkari, Mr. Joby Mathew, Ms. Uttam Jaiswal, Advocates i/b Joby Mathew & Associates for the Appellant.

With

Appeal No. 543 of 2025

And

Misc. Application No. 1350 of 2025

Instafin Financial Advisors LLP

….. Appellant

Versus

Securities & Exchange Board of India

… Respondent

Mr. Pesi Modi, Senior Advocate with Mr. Neville Lashkari, Mr. Joby Mathew, Ms. Uttam Jaiswal, Advocates i/b Joby Mathew & Associates for the Appellant.

2

With

Appeal No. 549 of 2025

Droneacharya Aerial Innovations & Ors.

…Appellants

Versus

Securities and Exchange Board of India

…Respondent

Mr. Vedchetan Patil, Advocate for the Appellants.