Rhett Precedent

Securities Appellate Tribunal

Jitendra Nahta HUF vs SEBI on 27 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 27.10.2026

Appeal No. 248 of 2026

And

Misc. Application No. 706 of 2026

And

Misc. Application No. 707 of 2026

Jitendra Nahta HUF

… Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Manish Chhangani, Advocate with Mr. Karthik K.P, Ms. Sanskrity Purohit, Mr. Devya Shah, Advocates i/b. The Law Point Advocate for the Respondent.

ORDER :

1. This is an Illiquid Stock Option matter.

2. Call on December 15, 2026. In the meanwhile, SEBI shall not take any coercive steps.

Justice P. S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 27.10.2026 VPM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.10.28 17:01:02 +05'30'

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