Tribunals and CommissionsFull Bench(2020) 07 SEBI CK 0039

Chandra Prakash Tripathi vs Securities & Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 8 July 2020

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · Dr. C. K. G. Nair, Member · M. T. Joshi, J
RESULT
Allowed
CASE NUMBER
Appeal Lodging No.191 Of 2020

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Judgment

10 paragraphs · 206 words

Tarun Agarwala, Presiding Officer

1.

Having heard the learned counsel for the Appellant we find that the Appellant has prayed for payment of interest from the acquirer. The acquirer

has not been impleaded as a party. In our opinion, the acquirer is a necessary party.

2.

At this stage the learned counsel for the Appellant sought time to amend the array of parties and the memo of appeal if required. Permission

granted. Let an amendment application be filed alongwith the proposed amended memo of appeal within a week from today after serving it to all the

parties including the proposed Respondent. Put up this matter on 16th July, 2020 at 11.30 a.m. for admission through video conferencing.

3.

The present matter was heard through video conference due to Covid-19 pandemic. At this stage it is not possible to sign a copy of this order nor a

certified copy of this order could be issued by the registry. In these circumstances, this order will be digitally signed by the Presiding Officer on behalf

of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Parties will act on production of a digitally signed

copy sent by fax and/or email.