Sanjay Gupta vs SEBI on 26 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 26.10.2026

Appeal No. 205 of 2020

Sanjay Gupta

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 208 of 2020

APL Infrastructure Private Limited

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 216 of 2020

Deepak Thakkar

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Sukrut Mhatre, Advocate for the Appellant.

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 227 of 2020

Yatin B. Shah

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Vinay Chauhan, Advocate with CS Anand Kankani, CS Muskan Kadiwar, Ms. Vedica Gaggar, Ms. Vedika Sharma and Ms. Payal Lad, Advocates i/b A Kankani and Associates for the Appellant.

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 228 of 2020

Hardik Mithani & Anr.

…Appellants

Versus

Securities and Exchange Board of India

…Respondent

Mr. Vinay Chauhan, Advocate with CS Anand Kankani, CS Muskan Kadiwar, Ms. Vedica Gaggar, Ms. Vedika Sharma and Ms. Payal Lad, Advocates i/b A Kankani and Associates for the Appellant.

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 242 of 2020

Dharmesh Shah

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 567 of 2021

APL Infrastructure Private Limited

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

WITH

Appeal No. 568 of 2021

Mr. Sanjay Gupta

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.

AND

Appeal No. 607 of 2021

Mr. Deepak Thakkar

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Sukrut Mhatre, Advocate for the Appellant.

Mr. Mihir Mody with Mr. Vijay Chockalingam, Mr. Aavish Shetty, Mr. Sudhanshuman Naruka and Mr. Vignesh Narayanan, Advocates i/b. M/s. K. Ashar & Co. for the Respondent.