Tribunals and CommissionsDivision Bench(2019) 11 SEBI CK 0008

Chhaya Umeshchandra Trivedi vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 27 November 2019

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · M. T. Joshi, J
RESULT
Dismissed
CASE NUMBER
Miscellaneous Application No. 579 Of 2019 In Appeal No. 452 Of 2015

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Judgment

10 paragraphs · 179 words

Tarun Agarwala, Presiding Officer

1.

The present appeal has been filed against the order dated 27th July, 2018. There is a delay of 290 days in filing the appeal and accordingly an

application for condonation of delay has been filed.

2.

The ground urged is that the appellant was suffering from cancer and was admitted for surgery. In this regard, documents have been filed to show

that the appellant had undergone surgery.

3.

We find from a perusal of the documents that the appellant was admitted on 11th January, 2018 and was discharged on 14th January, 2018. Such

admission and discharge was prior to the date of the impugned order which is 27th July, 2018.

4.

The record also shows that after the passing of the impugned order the appellant filed a suit in Ahmedabad which is pending but chose not to file

the appeal before SAT. Consequently, we do not find any sufficient reason to condone the inordinate delay. The application for condonation of delay

lacks merit and is rejected. As a result, the appeal is also dismissed.