Securities Appellate Tribunal
Nishaan Singh vs SEBI on 8 September 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 08.09.2026
Appeal No. 206 of 2026
Nishaan Singh
…Appellant
Versus
Securities and Exchange Board of India
…Respondent
CA Kushal Shah and Dr. Keyur Shah, Advocate i/b Prakash Shah & Associates for the Appellant.
Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P
and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.
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ORDER:
Learned Advocate for the appellant submits that despite order dated July 20,2026, bank accounts have not been de- frozen by the SEBI. We have heard Mr. Kushal Shah, learned Authorized Representative for the appellant and Mr. Sumit Rai, learned Advocate for the respondent. Since, the recovery has been stayed, we direct that the bank account shall be de-frozen forthwith.
2. Call on 06.10.2026.
Justice P.S. Dinesh Kumar
Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 08.09.2026 msb
MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.09.09 13:29:17 +05'30'