Securities Appellate Tribunal
Rahul Makkar vs SEBI on 28 September 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 28.09.2026
Appeal No. 305 of 2025
And
Misc. Application No. 760 of 2025
And
Misc. Application No. 761 of 2025
Rahul Makkar
… Appellant
Versus
Securities and Exchange Board of India
… Respondent
Mr. Anand Chichra, 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.
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER :
1. Adjournment is sought by the appellant. Mr. Manish Chhangani, learned advocate for the SEBI submitted that this is an Illiquid Stock Option matter.
2. Call on December 15, 2026. In the meanwhile, SEBI shall not take any coercive steps.
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 12:20:02 +05'30'