Securities Appellate Tribunal
Abhay Dwivedi & Others vs SECURITIES AND EXCHANGE BOARD OF INDIA on 26 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date : 26.10.2026
Appeal No. 378 of 2026
[Along with Misc. Application Nos. 1065 & 1066 of 2026]
Abhay Dwivedi & Ors.
…Appellants
Versus
Securities and Exchange Board of India
…Respondent
Mr. Kunal Katariya with Ms. Parimal Akhaja and Mr. Shubham Dhamnaskar, Advocates for the Appellant.
Mr. Sumit Rai with Mr. Ishan Agrawal, Mr. Kush Khandelwal, Mr. Ashutosh Mishra, Ms. Rasika Ghate, Ms. Asmita Pandey and Mr. Prakshal Jain, Advocates i/b Nyaayam Associates for Respondent.
ORDER:
For the reasons stated therein, Misc. Application No. 1065 of 2026 seeking condonation of delay of 26 days in filing the appeal is allowed and disposed of.
2. Admit.
3. Misc. Application No. 1066 of 2026 for 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.
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5. 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 28.01.2027.
Justice P.S. Dinesh Kumar
Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 26.10.2026 msb
MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.10.27 10:34:30 +05'30'
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