Monami Basu vs Securities and Exchange Board of India on 21 December 2017

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

2. Recovery Officer Northern Regional Office at New Delhi Bank of Baroda Building, 5th Floor, 16 Sansad Marg, New Delhi – 110 001.

… Respondents

Mr. Ranit Basu, Advocate i/b Triptimoy Talukdar for the Appellant. Mr. Pradeep Sancheti, Senior Advocate with Mr. Vivek Shah, Advocate for the Respondents.

CORAM : Justice J. P. Devadhar, Presiding Officer Jog Singh, Member Dr. C. K. G. Nair, Member Per : Justice J. P. Devadhar (Oral)

Misc. Application No. 309 of 2017 :

1. By this misc. application, appellant seeks condonation of 511 days delay in filing the appeal. For the reasons stated in the application, delay is condoned. Misc. application is disposed of accordingly.

Appeal No. 339 of 2017 :

1. This appeal is filed to challenge the notice issued by the recovery officer on May 20, 2016. Counsel for the SEBI has brought to our notice that recovery officer by his release order dated October 30, 2017 has

2 withdrawn the attachment levied on the appellant. In this view of the matter nothing survives in the appeal. Appeal is disposed of, accordingly, as infructuous with no order as to costs.

Sd/- Justice J. P. Devadhar Presiding Officer

Sd/- Jog Singh Member

Sd/- Dr. C. K. G. Nair Member 21.12.2017 Prepared & Compared by PTM