Securities Appellate Tribunal

Dr. V. K. Sukumaran & Another vs SEBI on 24 December 2020

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 24.12.2020

Misc. Application No. 489 of 2020

(Delay Application)

And

Appeal No. 473 of 2020

Dr. V. K. Sukumaran

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Joby Mathew, Advocate with Mr. Anshuman Sugla, Advocate i/b Joby Mathew and Associates for the Appellant.

Mr. Suraj Choudhary, Advocate with Ms. Nidhi Singh, Ms. Kinjal Bhatt and Mr. Hersh Choudhary, Advocates i/b Vidhii Partners for the Respondent.

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ORDER:

1. We have heard the learned counsel for the parties through video conference.

2. For the reasons stated in the application, the delay of 4 days in filing the appeal is condoned. The Misc. Application is allowed.

3. Having heard the learned counsel for the parties let a reply be filed by the respondent within four weeks from today. Two weeks thereafter to the appellant to file rejoinder. The matter

2 would be listed for admission and for final disposal on February 08, 2021.

4. Parties are directed to take instructions from the Registrar 48 hrs. before the date fixed in order to find out as to whether the matter would be taken up for hearing through video conference or through physical hearing.

5. The present matter was heard through video conference due to Covid-19 pandemic. At this stage it is not possible to sign a copy of this order nor a certified copy of this order could be issued by the Registry. In these circumstances, this order will be digitally signed by the Private Secretary on behalf of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Parties will act on production of a digitally signed copy sent by fax and/or email.

Justice Tarun Agarwala Presiding Officer

Dr. C.K.G. Nair Member

Justice M. T. Joshi Judicial Member 24.12.2020 PK RAJALAKSH MI H NAIR Digitally signed by RAJALAKSHMI H NAIR Date: 2020.12.28 14:43:00 +05'30'

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