0013-2022 Allied Financial Services Private Limited and Another vs SEBI

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IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 10.03.2026 Appeal No. 575 of 2021 IL & FS Securities Services Limited …Appellant Versus Securities and Exchange Board of India …Respondent Mr. Pradeep Sancheti, Senior Advocate with Mr. Shrey Sancheti, Mr. Niket Mehta and Mr. Karan Sangani, Advocates i/b Cyril Amarchand Mangaldas, Advocates for the Appellant. Ms. Komal Shah, Advocate with Ms. Nidhi Singh and Mr. Nishin Shrikhande, Advocates i/b Vidhii Partners for the Respondent.

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Source: SecMarx — 0013-2022 Allied Financial Services Private Limited 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.