Securities Appellate Tribunal
PRIJESH KURANI & Others vs SECURITIES AND EXCHANGE BOARD OF INDIA on 16 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 16.10.2026
Appeal No. 353 of 2026
[Along with Misc. Application Nos. 1028, 1029 & 1030 of 2026]
Prijesh Kurani & Ors.
…Appellants
Versus
Securities and Exchange Board of India
…Respondent
Mr. Abhishek Venkatraman with Mr. Varun Chikhale and Ms.
Kriti Chaturvedi, Advocates i/b Chaturvedi and Thakar Advocates for the Appellants.
Ms. Prapti Kedia and Mr. Rushikesh Dusane, Advocates i/b Agama Law Associates for the Respondent – SEBI.
ORDER:
For the reasons stated therein, Application No. 1029 of 2026 seeking condonation of delay in filing the appeal is allowed. Delay of 116 days condoned and the Misc. is disposed of.
2. Admit.
3. Misc. Application No. 1030 of 2026 seeking exemption is allowed and disposed of.
4. Respondent is granted six weeks to file reply and three weeks thereafter to the appellant to file rejoinder.
Page 1 of 2
5. Mr. Abishek Venkatraman, learned Advocate for the appellant does not press for any interim order at this stage with liberty to mention if need arises.
2
6. Call on 17.12.2026.
Justice P.S. Dinesh Kumar
Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 16.10.2026 msb
MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.10.23 11:39:33 +05'30'
Page 2 of 2
Loading citations and judicial treatment…