Securities Appellate Tribunal
Ashok Ghanshyamdas Rajani vs SEBI on 23 September 2026
IN THE SECURITIES APPELLATE TRIBUNAL
AT MUMBAI
Date: 23.09.2026
Appeal No. 375 of 2025
[Along with Misc. Application No. 1056 of 2025]
Ashok Ghanshyamdas Rajani
…Appellant
Versus
Securities and Exchange Board of India
…Respondent
i/b.
M/s.
Profess
Law
Associates
Advocates for
the
Appellant.
Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P. and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent-SEBI.
WITH
Appeal No. 376 of 2025
Asit Kumar Bhowmik
…Appellant
Versus
Securities and Exchange Board of India
…Respondent
i/b.
M/s.
Profess
Law
Associates
Advocates for
the
Appellant.
Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P. and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent-SEBI.
WITH
Appeal No. 377 of 2025
Shivprasada Rao Buddi
…Appellant
Versus
Securities and Exchange Board of India
…Respondent
2
i/b.
M/s.
Profess
Law
Associates
Advocates for
the
Appellant.
Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Karthik K.P. and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent-SEBI.
AND
Appeal No. 378 of 2025
Amrit Ashok Rajani
…Appellant
Versus
Securities and Exchange Board of India
…Respondent
i/b.
M/s.
Profess
Law
Associates
Advocates for
the
Appellant.
Mr. Manish Chhangani, Advocate 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 appellants seeks further time to file rejoinder. The same is opposed by the respondent, contending that the appellants have sought time on several occasions.
2. Time granted as a last chance. Call on October 28, 2026.
Justice P.S. Dinesh Kumar
Presiding Officer
Dr. Dheeraj Bhatnagar Technical Member 23.09.2026 PK PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.09.24 12:49:32 +05'30'