0323-2025 Vijay Sureshbhai Udhani 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: 14.08.2025 Appeal No. 323 of 2025 [Along with Misc. Application Nos. 764 and 765 of 2025] Vijay Sureshbhai Udhani & Anr. …Appellants Versus Securities and Exchange board of India …Respondent Mr. Vikas Bengani, Advocate for the Appellants. Mr. Mihir Mody, Advocate with Mr. Aavish Shetty, Mr. Karthik K.P. and Mr. Vijay Chockalingam, Advocates i/b. M/s. K. Ashar & Co. for the Respondent. ORDER: Shri Vikas Bengani, learned advocate for the

appellants submit that the learned senior advocate

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Source: SecMarx — 0323-2025 Vijay Sureshbhai Udhani 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.