Securities Appellate Tribunal
Reliance Industries Ltd. vs Securities and Exchange Board of India on 20 December 2013
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date of Hearing: 20.12.2013
Date of Decision: 20.12.2013
Appeal No.224 of 2012
Reliance Industries Ltd.
Maker Chamber IV, 3rd Floor,
222, Nariman Point, Mumbai – 400 021.
…… Appellant
Versus
Securities and Exchange Board of India
SEBI Bhawan, Plot No. C-4A, G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400 051.
…… Respondent
Mr. Janak Dwarkadas, Senior Advocate with Mr. Mahesh P. and Mr.
Ravichandra Hegde, Advocates for the Appellant.
Mr. D.J. Khambatta, Senior Advocate with Mr. Shiraz Rustomjee, Senior Advocate, Mr. Mihir Mody and Mr. Pratham V. Masurekar, Advocates for the Respondent.
CORAM : Justice J. P. Devadhar, Presiding Officer Jog Singh, Member
A. S. Lamba, Member
Per : Justice J. P. Devadhar (Oral)
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1. This appeal is filed to challenge communication dated November 2, 2012 whereby Respondent has declined to give inspection of certain documents which were sought by the Appellant.
2. At the hearing of appeal today, learned senior counsel for Appellant submitted that Appellant confines inspection in respect of eight documents as per note furnished to this Tribunal on December 3, 2013.
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3. Counsel for Respondent on instruction states that although inspection of some of the documents have been already given to the Appellant, without prejudice to the contention that the said documents have no relevance, Respondent is ready and willing to furnish copies of those eight documents referred to in the note dated December 3, 2013 to the Appellant by Monday i.e. December 23, 2013.
4. In view of above, learned senior counsel for Appellant does not press the appeal. Appeal is disposed of accordingly with no order as to costs.
Sd/- Justice J.P. Devadhar
Presiding Officer
Sd/- Jog Singh
Member
Sd/-
A S Lamba
Member
20.12.2013 Prepared & Compared by RHN
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