0366-2025 Heli Jatin Shah and Ors vs SEBI

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Reviewed by Varun Matlani, Advocate — Securities Lawyer practicing in SAT and SEBI

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IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 09.10.2025 Appeal No. 0366 of 2025 [Along with Misc. Application Nos. 911 and 912 of 2025] Heli Jatin Shah & Ors. …Appellants Versus Securities and Exchange board of India …Respondent Mr. Vikas Bengani, Advocate for the Appellants. Mr. Mihir Mody, Advocate with Mr. Karthik K.P, Mr. Aavish Shetty and Mr. Vijay Chockalingam, Advocates i/b. M/s. K. Ashar & Co. for the Respondent. ORDER:

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Source: SecMarx — 0366-2025 Heli Jatin Shah and Ors vs SEBI. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.