Securities Appellate Tribunal
Tirth Plastic Limited vs BSE Limited on 20 December 2018
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date of Decision : 20.12.2018
Misc. Application No. 403 of 2018
And
Appeal No.458 of 2018
Tirth Plastic Limited
Ground Floor, Mansi Apartment,
Nr. Vidyanagar High School,
Nr. Sardar Patel Underbridge,
Usmanpura, Ahmedabad – 380 014.
…Appellant
Versus
[[
BSE Limited
Floor-25, Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001.
…Respondent
Mr. Asadari Mazgoanwala a/w Ms. Devashree Maniar, Advocates i/b Kartikeya and Associates for the Appellant.
Mr. Vivek Shah, Advocate i/b ELP for the Respondent.
CORAM : Dr. C.K.G. Nair, Member
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Per : Dr. C.K.G. Nair (Oral)
Misc. Application No.403 of 2018:-
By this Misc. Application appellant seeks condonation of 89 days delay in filing this appeal. For the reasons stated in the Misc. Application, delay is condoned. Misc. Application is disposed of accordingly.
Appeal No.458 of 2018:-
1. This appeal has been filed to challenge the order / communication of BSE Limited (‘BSE’ for short) dated 2nd July, 2018 and 26th June, 2018
2 whereby the appellant company has been delisted. After hearing the matter for some time, representative of the appellant, on instruction, submits that all payments due to BSE and other pending compliances, which led to delisting the appellant company, will be complied with within 15 days from receiving the consolidated list of non-compliances from BSE. If the appellant does comply, then BSE shall give an opportunity of personal hearing to the appellant and pass a final order in accordance with law.
2. Appeal is disposed of on above terms with no order as to costs.
Sd/- Dr. C.K.G. Nair
Member
20.12.2018 Prepared & compared by-dg
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