Pals Overseas Private Limited vs Securities and Exchange Board of India on 27 December 2010

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Appeal No.115 of 2007

Date of Decision: 27.12.2010

Pals Overseas Private Limited 1401, Raheja Centre, Nariman Point, Mumbai – 400 021.

….. Appellant

Versus

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

.....Respondent

Mr. P.N. Modi, Advocate with Mr. Deepak Dhane, Advocate for the Appellant. Dr. (Mrs.) Poornima Advani, Advocate with Mr. Omprakash Jha, Advocate for the Respondent.

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

Same order as in Appeal no. 114 of 2007 decided on December 27, 2010.

Sd/- Justice N.K. Sodhi Presiding Officer

Sd/-

Samar Ray

Member

Sd/-

P.K. Malhotra

Member msb/ptm 27.12.2010 Prepared & Compared by PTM