0711-2024 Sanjay Dwivedi and Another 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: 12.12.2025 Appeal No. 711 of 2024 [Along with Misc. Application Nos. 716 and 178 of 2025] Sanjay Dwivedi & Anr. …Appellants Versus Securities and Exchange Board of India ...Respondent Mr. Hitesh A. Biherani, Advocate for the Appellants. Mr. Abhishek Nair, Advocate with Ms. Ananya Sakpal i/b Mansukhlal Hiralal & Co. for the Respondent. ORDER:

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Source: SecMarx — 0711-2024 Sanjay Dwivedi and Another 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.