BNS Tour & Travel Pvt. Ltd. vs Securities and Exchange Board of India & Others on 28 December 2010

1. Securities and Exchange Board of India SEBI Bhavan, Plot No.C-4A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051.

2. M/s. Bhushan Energy Ltd. F-Block, 1st Floor, International Trade Tower, Nehru Place, New Delhi – 110 019.

3. M/s. Bhushan Steel Ltd. F-Block, 1st Floor, International Trade Tower, Nehru Place, New Delhi – 110 019.

4. Shri. Brij Bhushan Singhal W-29, Greater Kailash Part-II, New Delhi – 110 019.

5. Shri. Neeraj Singhal W-29, Greater Kailash Part-II, New Delhi – 110 019.

6. M/s. BNS Steel Trading Pvt. Ltd. 315, 3rd Floor, E-Block, International Trade Tower, Nehru Place, New Delhi – 110 019.

7. M/s. BBN Transportation Pvt. Ltd. 315, 3rd Floor, E-Block, International Trade Tower, Nehru Place, New Delhi – 110 019.

8. M/s. BNR Infotech Pvt. Ltd. 315, 3rd floor, E- Block, International Trade Tower, Nehru Place, New Delhi – 110 019.

2

9. M/s. BNR Consultancy Services Pvt. Ltd. Flat No. 111, Lotus Building, Bhushan Garden, Village – Savroli & Nifan, Khalapur Taluk, Raigad – 410 202. Maharashtra

…...Respondents

Mr. Deepak Dhane, Advocate for the Appellant.

Mr. Kumar Desai, Advocate with Ms. Harshada Nagare, Advocate for Respondent no.1. Ms. Ranjana Roy Gawai, Advocate for Respondent nos. 2 to 9.

CORAM : Justice N.K. Sodhi, Presiding Officer Samar Ray, Member P.K. Malhotra, Member Per : Justice N.K. Sodhi, Presiding Officer (Oral)

Same order as in Appeal no.65 of 2010 decided on 28.12.2010.

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Justice N.K.Sodhi

Presiding Officer

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Samar Ray

Member

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P.K. Malhotra

Member

28.12.2010 Prepared & Compared by RHN