Securities Appellate Tribunal

Amrapali Industries Ltd. vs Multi commodity Exchange of India limited on 2 November 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 02.11.2026

Appeal No. 245 of 2026

[Along with Misc. Application No. 1134 of 2026]

Amrapali Industries Ltd.

…Appellant

Versus

Multi Commodity Exchange of India Limited …Respondent

Mr. Jitendra Sharda, Advocate for the Appellant.

Mr. Vivek Shah and Mr. Paras Taneja, Advocates i/b. Trilegal for the Respondent.

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ORDER:

The Misc. Application No. 1134 of 2026 is not on Board. As prayed by the learned Advocates on both sides, the same is taken up for hearing. Learned Advocate for the appellant submitted that the full penalty has been debited by the respondent and prays that the interim order may be passed subject to deposit of 50% of the penalty and respondent may be directed to refund the remaining 50%. Respondent has no objection. Ordered accordingly.

2. We direct the respondent to refund the remaining 50% of the penalty amount within a week to the appellant.

2

3. The miscellaneous application is taken on board and disposed of.

4. Call on 28.01.2027.

Justice P.S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 02.11.2026 msb MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.11.03 11:40:32 +05'30'

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