Securities Appellate Tribunal

Harsh Shah & Another vs Securities and Exchange Board of India on 13 December 2018

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

DATE : 13.12.2018

Misc. Application No. 406 of 2018

And

Appeal No. 465 of 2018

1. Harsh Shah

2. Urvi Shah C-201, Silver Leaf Society, Near Big Bazar, Akurli Road, Kandivali (East), Mumbai - 400101.

….. Appellants

Versus

Securities & Exchange Board of India SEBI Bhavan, C-4A, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.

…… Respondent

Mr. Akshit Jain, Advocate with Ms. Rinku Valanju, Advocate i/b R. V. Legal for the Appellants. Mr. Aditya Mehta, Advocate with Ms. Vidhi Jhawar, Advocate i/b The Law Point for the Respondent.

CORAM : Dr. C. K. G. Nair, Member

Per : Dr. C. K. G. Nair (Oral)

Page 1 of 2

1. After the matter was argued for some time appellants seek to withdraw the appeal with permission to make representation to SEBI on the limited issue of how to deal with defreezing of the joint accounts held by the appellants alongwith appellant no. 2 in appeal no. 375 of 2017 (Vashi Construction Pvt. Ltd. & Ors. vs. SEBI).

2. If such an application is received, SEBI shall deal with it in accordance with rules and procedures as expeditiously as possible.

3. Both appeal and misc. application are disposed of in above terms with no order as to costs.

Sd/- Dr. C. K. G. Nair Member 13.12.2018 Prepared & Compared by PTM

Page 2 of 2

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