Tribunals and CommissionsDivision Bench(2020) 09 SEBI CK 0088

Regency Hospital Limited & Ors vs Securities And Exchange Board Of India

Securities Appellate Tribunal Mumbai · Decided on 2 September 2020

HON’BLE JUDGES
Tarun Agarwala, Presiding Officer · M. T. Joshi, J
CASE NUMBER
Miscellaneous Application No. 59 Of 2020, Appeal No. 388 Of 2019

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Judgment

11 paragraphs · 243 words
1.

We have heard Shri Prakash Shah, the learned counsel for the appellant and Shri Vishal Kanade, the learned counsel for the respondent on Misc.

Application No. 59 of 2020 through video conference. Certain documents are sought to be brought on record which could not be placed before the

Adjudicating Office. According to the appellant these documents have a bearing to the ultimate result of the appeal. This application has been opposed

vehemently by the learned counsel for the respondent contending that adequate reasons have not been provided as to why the documents could not be

produced earlier. However, considering the nature of the documents and on the submissions made at the bar, the learned counsel for the respondent

has sought a brief adjournment to take necessary instructions from the respondent. We accordingly adjourn the matter today.

2.

Put up this matter for further consideration tomorrow i.e. on September 3, 2020 at 11.30 a.m.

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.