Mr. Suprabhat Lala vs SEBI & Another on 29 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 29.10.2026

Appeal No. 328 of 2019

Mr. Suprabhat Lala

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Joby Mathew, Advocate with Ms. Uttam Jaiswal, Mr.

Harish Balani, Advocates i/b Joby Mathew & Associates for the Appellant.

With

Appeal No. 329 of 2019

Infotech Financials Pvt. Ltd. & Ors.

….. Appellants

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Zerick Dastur, Advocate with Mr. Khushil Shah, Ms. Esha Nangre, Mr. Anubhav Sinha, Advocates i/b. Zerick Dastur Advocates & Solicitors for the Appellants.

With

Appeal No. 330 of 2019

Ajay Shah

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Janak Dwarkadas, Senior Advocate with Mr. Zerick Dastur, Mr. Khushil Shah, Ms. Esha Nangre, Mr. Anubhav Sinha, Advocates i/b. Zerick Dastur Advocates & Solicitors for the Appellant.

With

Appeal No. 332 of 2019

Ravi Narain

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Robin Shah, Advocate with Mr. Udaysingh Kashid, Advocate i/b Bodhi Legal for the Appellant.

With

Appeal No. 338 of 2019

Ms. Chitra Ramkrishna

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

None for the Appellant.

Mr. Suraj Chaudhary, Advocate with Mr. Manish Chhangani, Mr. Karthik K.P., Mr. Devya Shah, Advocates i/b The Law Point for the Respondent No. 1 (SEBI).

With

Appeal No. 409 of 2022

Ravi Narain

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Robin Shah, Advocate with Mr. Udaysingh Kashid, Advocate i/b Bodhi Legal for the Appellant.

With

Appeal No. 425 of 2022

Ajay Shah

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Zerick Dastur, Advocate with Mr. Khushil Shah, Ms. Esha Nangre, Mr. Anubhav Sinha, Advocates i/b Zerick Dastur Advocates for the Appellant.

With

Appeal No. 426 of 2022

Suprabhat Lala

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Joby Mathew, Advocate with Ms. Uttam Jaiswal, Mr.

Harish Balani, Advocates i/b Joby Mathew & Associates for the Appellant.

With

Appeal No. 427 of 2022

Infotech Financials Pvt. Ltd. & Ors.

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Mr. Zerick Dastur, Advocate with Mr. Khushil Shah, Ms. Esha Nangre, Mr. Anubhav Sinha, Advocates i/b Zerick Dastur Advocates for the Appellants.

With

Appeal No. 560 of 2022

Ms. Chitra Ramkrishna

….. Appellant

Versus

Securities and Exchange Board of India

& Anr.

… Respondents

Ms. S. Priya, Advocate for the Appellant.

Mr. Suraj Chaudhary, Advocate with Mr. Manish Chhangani, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent No. 1 (SEBI).