Securities Appellate Tribunal
Ventura Securities Limited vs Multi Commodity Exchange of India Limited on 16 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 16.10.2026
Appeal No. 363 of 2026
[Along with Misc. Application Nos. 1073 & 1079 of 2026]
Ventura Securities Limited
…Appellant
Versus
Multi Commodity Exchange of India Limited …Respondent
Mr. Rushin Kapadia with Mr. Sumit Agrawal, Mr. Kavish Garach
and
Ms.
Saumya
Singh
Thakur,
Advocates i/b Regstreet Law Advisors for the Appellant.
Mr. Vivek Shah and Ms. Paras Taneja, Advocates i/b Trilegal for the Respondent.
ORDER:
Mr. Rushin Kapadia, learned Advocate for the appellant submitted that the impugned order shows that Mr. S.V. Krishnamohan has been shown as an Independent External Expert in the Committee on 28.09.2026.
2. Adverting to Company’s annual report, he pointed out that Mr. S.V. Krishnamohan ceased to be the member of the Committee w.e.f. 20.03.2026 and, therefore, the impugned order is unsustainable in law.
3. For respondent’s say, call on 26.10.2026.
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 11:47:30 +05'30'
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