Securities Appellate Tribunal
Arun Panchariya vs SEBI on 3 November 2026
IN THE SECURITIES APPELLATE TRIBUNAL
AT MUMBAI
Date: 03.11.2026
Appeal No. 203 of 2024
[Along with Misc. Application Nos. 102 and 103 of 2024]
Arun Panchariya
…Appellant
Versus
Mr. Sumit Rai, Advocated with Mr. Mihir Mody, 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. 204 of 2024
[Along with Misc. Application Nos. 104, 105 and 106 of
…Appellant
Versus
Mr. Sumit Rai, Advocated with Mr. Mihir Mody, 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. 205 of 2024
[Along with Misc. Application Nos. 107, 108 and 109 of 2024
and 636 of 2026]
Arun Panchariya
…Appellant
Versus
Mr. Sumit Rai, Advocate with Mr. Akash Jain, Mr. Abhishek Nair, Mr. Divyang Salvi and Ms. Sayali Kshirsagar, Advocates i/b Mansukhlal Hiralal & Co. for the Respondent.
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ORDER:
Heard in part. For further hearing, call on November 04, 2026 at 02:30. P.M.
Justice P. S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 03.11.2026 PK PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.11.04 16:43:59 +05'30'