Rajesh Shah vs SEBI on 22 September 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 22.09.2026

Appeal No. 966 of 2022

And

Misc. Application No. 1441 of 2022

And

Misc. Application No. 395 of 2025

Rajesh Shah

... Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Gaurav Joshi, Senior Advocate Mr. Sahil Gandhi, Ms. Dimple Vora, Advocates i/b. M/s. Markand Gandhi & Co.

for the Appellant.

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 967 of 2022

Dr. Abhijit Prabhakar Desai

Versus

Securities and Exchange Board of India

… Respondent

Mr. Aditya Bapat, Advocate with Mr. R. P. Shirole, Advocate i/b Mr. Sachin Joshi, Advocate for the Appellant.

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 968 of 2022

Mr. Anoj Menon

... Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 969 of 2022

And

Misc. Application No. 1492 of 2022

Upkar Singh Kohli

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 970 of 2022

Mohandas Shenoy Adige

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Abhishek Venkataraman, Advocate with Ms. Sabeena Mahadik, Advocate i/b. Visesha Law Services for the Appellant.

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1032 of 2022

And

Misc. Application No. 1591 of 2022

And

Misc. Application No. 1592 of 2022

P. V. R. Murthy

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1033 of 2022

And

Misc. Application No. 1731 of 2022

And

Misc. Application No. 1722 of 2022

Mr. Venkateswarlu Nelabhotla

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1034 of 2022

And

Misc. Application No. 1730 of 2022

Yashovardhan Birla

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1035 of 2022

And

Misc. Application No. 1743 of 2022

And

Misc. Application No. 1744 of 2022

Mr. Tushar Dey

... Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Robin Shah, Advocate with Mr. Udaysingh Kashid, Advocate i/b Bodhi Legal for the Appellant.

Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.