0026-2008 Pavankumar Sanwarmal and Others vs Securities and Exchange Board of India

SAT · Final order

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BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI Appeal No. 26 of 2008 Date of decision : 24.9.2008 1. Pavankumar Sanwarmal 2. Resham Resha Pvt. Ltd. 3. Man-Made Fibres Private Limited …. Appellants Versus 1. Securities and Exchange Board of India 2. Rajesh Shah 3. Dilip Sheth …. Respondents Mr. N. H. Seervai Senior Advocate with Mr. S. H. Merchant and Ms. Chaitra Rao Advocates for Appellants. Dr. Mrs. Poornima Advani Advocate with Ms. Sejal Shah Advocate for Respondent no.1. None present for Respondents no. 2 and 3. Coram : Justice N.K. Sodhi, Presiding Officer Arun Bhargava, Member Utpal Bhattacharya, Member Per : Justice N.K. Sodhi, Presiding Officer Though the appellants herein were not parties to the proceedings conducted by

the Securities and Exchange Board of India (for short the Board) under section 11B of

the Securities and Exchange Board of India Act, 1992 which culminated in the passing

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Source: SecMarx — 0026-2008 Pavankumar Sanwarmal and Others vs Securities and Exchange Board of India. 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.