0747-2021 Master Capital Services Limited 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: 19.09.2025 Appeal No. 747 of 2021 Master Capital Services Limited …Appellant Versus Securities and Exchange board of India …Respondent Mr. Vikas Gupta, Advocate with Mr. Mihir Kaushik, Advocate i/b JURAL for the Appellant. Mr. Manish Chhangani, Advocate with Mr. Sumit Yadav, Mr. Abhay Chauhan, Mr. Atul Agrawal, Advocates i/b The Law Point for the Respondent-SEBI. ORDER:

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Source: SecMarx — 0747-2021 Master Capital Services Limited 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.