Securities Appellate Tribunal
Madhav Power Private LImited vs SEBI & Another on 4 November 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 04.11.2026
Appeal No. 949 of 2023
Madhav Power Private Limited
….. Appellant
Versus
Securities and Exchange Board of India
& Anr.
… Respondents
Mr. Prakash Shah, Senior Advocate with Mr. Rushin Kapadia, Ms. Rinku Valanju, Ms. Hiral Shah, Mr. Amit Kumar, Advocates i/b R. V. Legal for the Appellant.
Ms. Prapti Kedia, Advocate i/b Agama Law Associates for the Respondent Nos. 1 - SEBI.
Mr. Monil Punjabi, Advocate i/b. Mr. Vikas Bengani, Advocate for the Respondent Nos. 2 - Madhav Confra Consultancy Private Limited.
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ORDER :
1. Part heard. By consent, call for further hearing on November 16, 2026 @ 2:30 p.m.
Justice P. S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 04.11.2026 PTM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.11.05 13:06:37 +05'30'