Securities Appellate Tribunal
M J Gold Pvt ltd vs Multi Commodity Exchange CLEARING CORPORATION Limited & Another on 28 September 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 28.09.2026
Appeal No. 313 of 2026
And
Misc. Application No. 931 of 2026
And
Misc. Application No. 932 of 2026
M J Gold Pvt. Ltd.
… Appellant
Versus
Multi Commodity Exchange Clearing
Corporation Ltd. & Anr.
… Respondents
Mr. Kunal Kataria, Advocate with Mr. Karan Ratti Kapoor, Ms. Ragini Singh, Mr. Mihir Rathod, Advocates i/b ThinkLaw for the Appellant.
Mr. Anubhav Ghosh, Advocate with Mr. Vivek Shah, Mr. Paras Taneja, Advocates i/b Trilegal for the Respondent No. 1 (MCX).
None for the Respondent No. 2 (Kedia Capital Services Private Limited).
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ORDER :
1. Exemption Application bearing Misc. Application No. 932 of 2026 is allowed and disposed of.
2. There is a delay of 175 days in the filing of this appeal. For the reasons stated in the application, delay in filing this appeal is condoned. The Misc. Application No. 931 of 2026 is disposed of.
3. Admit.
2
4. Respondent is allowed six weeks to file reply. Rejoinder, if any, be filed within three weeks thereafter.
5. Mr. Kunal Katariya, learned advocate for the appellant submitted that the Multi Commodity Exchange Clearing Corporation Limited has debited amount and prayed that respondent may be directed to place it in an interest bearing account. Ordered accordingly.
6. As prayed by Mr. Kunal Katariya post this appeal along with Appeal No. 240 of 2026 on November 20, 2026.
Justice P. S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 28.09.2026 VPM
MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.09.30 12:00:13 +05'30'