CA No. 1272/2022 etc. ITEM NO.112 COURT NO.1 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No. 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY, IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Diary No(s). 24689/2022 (XVII) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING, IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT, IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ ANNEXURES and IA No. 119342/2022 - STAY APPLICATION) Date : 13-11-2024 These matters were called on for hearing today. CORAM : HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE PANKAJ MITHAL HON'BLE MR. JUSTICE SANJAY KUMAR For Appellant(s) Mr. Rudrajit Ghosh, Adv. Ms. Manjeet Kirpal, AOR Mr. Mayank Pandey, AOR For Respondent(s) Mr. Bhargava V. Desai, AOR Mr. Arvind P Datar, Sr. Adv. (N/P) Ms. Surehkaraman, Adv. Mr. Amarjit Singh Bedi, Adv. Mr. Shreyash Kumar, Adv. 1
CA No. 1272/2022 etc. Mr. Siddhartha N, Adv. Mr. Imilikaba Jamir, Adv. M/s. K.J. John and Co, AOR UPON hearing the counsel, the Court made the following O R D E R The present appeals are not taken up for hearing today but they will remain on Board. (DEEPAK GUGLANI) (R.S. NARAYANAN) AR-cum-PS ASSISTANT REGISTRAR 2
1 ITEM NO.116 COURT NO.2 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) ([ REMAIN ON BOARD ] IA No. 20545/2022 - EX-PARTE STAY IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Diary No(s). 24689/2022 (XVII) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES IA No. 119342/2022 - STAY APPLICATION) Date : 06-11-2024 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE SANJAY KUMAR HON'BLE MR. JUSTICE R. MAHADEVAN For Appellant(s) Ms. Manjeet Kirpal, AOR Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Ankur Singhal, Adv. Mr. Prateek Singh Kundu, Adv. Ms. Isha Khurana, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Subramaniam S., Adv. Mr. Kunal Katariya, Adv.
2 Mr. Vikas Bengani, Adv. For Respondent(s) Mr. Arvind Datar, Sr. Adv. Mr. Bhargava V. Desai, AOR Mr. Shivam Sharma, Adv. Mr. Arvind P Datar, Sr. Adv. Ms. Surehkaraman, Adv. Mr. Amarjit Singh Bedi, Adv. Mr. Shreyash Kumar, Adv. Mr. Siddhartha N, Adv. Mr. Imilikaba Jamir, Adv. M/s. K J John And Co, AOR UPON hearing the counsel, the Court made the following O R D E R The matter will remain on Board, but will not be taken up tomorrow, that is, on 07.11.2024. (BABITA PANDEY) (R.S. NARAYANAN) COURT MASTER (SH) ASSISTANT REGISTRAR
Civil Appeal No. 1272/2022 etc. ITEM NO.109 COURT NO.2 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No. 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) ( IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Diary No(s). 24689/2022 (XVII) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES IA No. 119342/2022 - STAY APPLICATION) Date : 17-10-2024 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE SANJAY KUMAR HON'BLE MR. JUSTICE R. MAHADEVAN For Appellant(s) Ms. Manjeet Kirpal, AOR Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Ankur Singhal, Adv. Ms. Isha Khurana, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Subramanian S., Adv. Mr. Prateek Kandu, Adv. 1
Civil Appeal No. 1272/2022 etc. For Respondent(s) Mr. Arvind Datar, Sr. Adv. Mr. Bhargava V. Desai, AOR Mr. Arvind P Datar, Sr. Adv. Ms. Surehkaraman, Adv. Mr. Amarjit Singh Bedi, Adv. Mr. Shreyash Kumar, Adv. Mr. Praveen Kumar Singh, Adv. M/s. K J John and Co, AOR UPON hearing the counsel, the Court made the following O R D E R In order to enable the learned counsel for the parties to ascertain the facts, the appeals will not be taken up for hearing till 25.10.2024, but will remain on Board. The parties are given liberty to file written submissions. (BABITA PANDEY) (R.S. NARAYANAN) COURT MASTER (SH) ASSISTANT REGISTRAR 2
CA No. 1272/2022 etc. ITEM NO.116 COURT NO.2 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No. 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY, IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Diary No. 24689/2022 (XVII) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING, IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT, IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ ANNEXURES and IA No. 119342/2022 - STAY APPLICATION) Date : 11-09-2024 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE SANJAY KUMAR HON'BLE MR. JUSTICE R. MAHADEVAN For Appellant(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv. Mr. Subramaniam S., Adv. Mr. Prateek Kundu, Adv. Mr. Parteek Kundu, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Ankur, Adv. Mr. Ankul Singhal, Adv. Ms. Isha Khurana, Adv. Mr. Ankur Singhal, Adv. 1
CA No. 1272/2022 etc. Ms. Manjeet Kirpal, AOR For Respondent(s) Mr. Amarjit Singh Bedi, Adv. Mr. Shreyash Kumar, Adv. M/s. K.J. John And Co, AOR Mr. Bhargava V. Desai, AOR Mr. Shivam Sharma, Adv. UPON hearing the counsel, the Court made the following O R D E R These appeals will not be taken up for hearing till 20.09.2024. (DEEPAK GUGLANI) (R.S. NARAYANAN) AR-cum-PS ASSISTANT REGISTRAR 2
1 ITEM NO.57 COURT NO.3 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No(s). 24689/2022 (Arising out of impugned final judgment and order dated 20-09-2021 in AN No. 460/2020 passed by the Securities Appellate Tribunal, Mumbai) JATIN SHAH Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES IA No. 119342/2022 - STAY APPLICATION) Date: 01-12-2023 These matters were called on for a hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE S.V.N. BHATTI For Petitioner(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Rudra Pratap Singh Solanki, Adv. Mr. Shrey Sharma, Adv. Mr. K. Bajaj, Adv. For Respondent(s) Mr. Arvind Datar, Sr. Adv. Mr. Bhargava V. Desai, AOR Mr. Deepanshu, Adv. Ms. Devina Bhandari, Adv. UPON hearing the counsel, the Court made the following O R D E R It is stated that the present appeal is a part of the batch of appeals, that is, Civil Appeal Nos. 3575-3581 of 2022, 4526 of 2022 and 1272 of 2022.
2 Parties are at liberty to file written submissions of at most three pages along with the relied-upon decisions/judgments within six weeks from today. Re-list the appeal(s) for final hearing/disposal on a non-miscellaneous day in February 2024, along with other connected matters. (BABITA PANDEY) (R.S. NARAYANAN) COURT MASTER (SH) ASSISTANT REGISTRAR
ITEM NO.43 COURT NO.3 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No. 24689/2022 (Arising out of impugned final judgment and order dated 20-09-2021 in AN No. 460/2020 passed by the Securities Appellate Tribunal, Mumbai) JATIN SHAH Petitioner(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING, IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT, IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES and IA No. 119342/2022 - STAY APPLICATION) Date : 18-10-2023 This matter was called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE PAMIDIGHANTAM SRI NARASIMHA For Petitioner(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Vikas Bengani, Adv. Mr. Rudra Pratap Singh Solanki, Adv. Mr. Ashish Kumar Pandey, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR Ms. Devina Bhandari, Adv. UPON hearing the counsel the Court made the following O R D E R The matter is adjourned in terms of the last order dated 18.09.2023, to be listed in the month of December 2023. (DEEPAK GUGLANI) (R.S. NARAYANAN) AR-cum-PS ASSISTANT REGISTRAR
ITEM NO.114 COURT NO.2 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 20-09-2023 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJAY KISHAN KAUL HON'BLE MR. JUSTICE SUDHANSHU DHULIA HON'BLE MR. JUSTICE ARAVIND KUMAR For Appellant(s) Ms. Manjeet Kirpal, AOR Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Vikas Bengani, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Audityaa Velpula, Adv. Mr. Rudra Pratap Singh Solanki, Adv. For Respondent(s) Mr. Rahul Unni Krishnan, Adv. Mr. Bhargava V. Desai, AOR Ms. Devina Bhandari, Adv. 1
Mr. Pratap Venugopal, Adv. Ms. Surekha Raman, Adv. Mr. Prashant Kumar Nair, Adv. Mr. Abhishek Anand, Adv. Mr. Shreyash Kumar, Adv. M/S. K J John And Co, AOR UPON hearing the counsel the Court made the following O R D E R Learned counsel for the respondent seeks adjournment as Mr. Arvind Datar, learned senior counsel is in a part heard matter. Learned counsel for the petitioner has no objection to the adjournment. List after three weeks as prayed. (RASHMI DHYANI PANT) (POONAM VAID) COURT MASTER COURT MASTER 2
ITEM NO.61 COURT NO.3 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No. 24689/2022 (Arising out of impugned final judgment and order dated 20-09-2021 in AN No. 460/2020 passed by the Securities Appellate Tribunal, Mumbai) JATIN SHAH Petitioner(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING, IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT, IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES and IA No. 119342/2022 - STAY APPLICATION) Date : 18-09-2023 This matter was called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE S.V.N. BHATTI For Petitioner(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Vikas Bengani, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Rudra Pratap Singh Solanki, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR UPON hearing the counsel the Court made the following O R D E R It is pointed out that the same impugned judgment/order has been challenged in Civil Appeal no. 1272/2022 titled “ Hemant Sheth & Ors. vs. Securities and Exchange Board of India ”, which is pending before another Bench. Subject to orders of Hon’ble the Chief Justice of India, the said appeal and the present appeal may be listed before one Bench. (DEEPAK GUGLANI) (R.S. NARAYANAN) AR-cum-PS ASSISTANT REGISTRAR
ITEM NO.109 COURT NO.2 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) IA No. 20545/2022 - EX-PARTE STAY IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT Date : 13-09-2023 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJAY KISHAN KAUL HON'BLE MR. JUSTICE SUDHANSHU DHULIA For Appellant(s) Ms. Manjeet Kirpal, AOR Mr. Mayank Pandey, AOR Mr. Kuberinder Bajaj, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Rudra Pratap Singh Solanki, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR Ms. Devina Bhandari, Adv. M/S. K J John And Co, AOR Mr. Pratap Venugopal, Adv. Ms. Surekha Raman, Adv. Mr. Prashant Kumar Nair, Adv. Mr. Abhishek Anand, Adv. Mr. Shreyash Kumar, Adv. UPON hearing the counsel the Court made the following O R D E R Not to be taken up till tomorrow. (ASHA SUNDRIYAL) (POONAM VAID) ASTT. REGISTRAR-cum-PS COURT MASTER (NSH)
ITEM NO.55 COURT NO.3 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No. 24689/2022 (Arising out of impugned final judgment and order dated 20-09-2021 in AN No. 460/2020 passed by the Securities Appellate Tribunal, Mumbai) JATIN SHAH Petitioner(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 119340/2022 - CONDONATION OF DELAY IN FILING IA No. 119341/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 123090/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES IA No. 119342/2022 - STAY APPLICATION) Date : 18-08-2023 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE SANJIV KHANNA HON'BLE MR. JUSTICE S.V.N. BHATTI For Petitioner(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR Ms. Devina Bhandari, Adv. UPON hearing the counsel, the Court made the following O R D E R At the joint request of learned counsel for the parties, re- list after four weeks. (BABITA PANDEY) (R.S. NARAYANAN) COURT MASTER (SH) ASSISTANT REGISTRAR
Civil Appeal No(s). 1272/2022 etc. ITEM NO.46 COURT NO.13 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) ( IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 06-07-2023 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE VIKRAM NATH HON'BLE MR. JUSTICE AHSANUDDIN AMANULLAH For Appellant(s) Mr. Rudrajit Ghosh, Adv. Ms. Manjeet Kirpal, AOR Mr. Ashim Sood, Adv. (V.C.) Mr. Mayank Pandey, AOR Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv. Mr. Ashish Kumar Pandey, Adv. Mr. Kuberinder Bajaj, Adv. Mr. Shrey Sharma, Adv. Mr. Audityaa Velupula, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR Ms. Devina Bhandari, Adv. Mr. Utkarsh Vats, Adv. Mr. Deepanshu, Adv. 1
Civil Appeal No(s). 1272/2022 etc. M/S. K J John And Co, AOR Mr. Pratap Venugopal, Adv. Ms. Surekha Raman, Adv. Mr. Prashant Kumar Nair, Adv. Mr. Abhishek Anand, Adv. UPON hearing the counsel the Court made the following O R D E R Learned counsel appearing for Securities and Exchange Board of India states that he is not inclined to file any counter affidavit and the matters may be posted for final disposal. The appeals are already admitted. List again on 26 th July, 2023 for final disposal. (SONIA BHASIN) COURT MASTER (SH) (RANJANA SHAILEY) COURT MASTER (NSH) 2
1 ITEM NO.8 COURT NO.6 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY, IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT AND IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 18-04-2023 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE SANJAY KUMAR For Appellant(s) Mr. Rudrajit Ghosh, Adv. Ms. Manjeet Kirpal, AOR Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Ekansh Gupta, Adv. Mr. Kuberinder Bajaj, Adv. Mr. Ashish Kumar Pandey, Adv. For Respondent(s) Mr. Bhargava V. Desai, AOR Ms. Pallavi Maurya, Adv. Ms. Devina Bhandari, Adv. Mr. Deepanshu, Adv. Mr. Utkarsh Vats, Adv. Mr. Pratap Venugopal, Adv. Ms. Surekha Raman, Adv. Mr. Akhil Abraham Roy, Adv. Mr. Abhishek Anand, Adv. M/S. K J John And Co, AOR
2 UPON hearing the counsel the Court made the following O R D E R In view of the letter circulated by Mr. Pratap Venugopal, learned counsel for respondent- SEBI, the matters stand adjourned for three weeks. (NEETU KHAJURIA) ASTT. REGISTRAR-cum-PS (RANJANA SHAILEY) COURT MASTER
1 ITEM NO.51 COURT NO.7 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No. 20545/2022 - EX-PARTE STAY, IA No. 20546/2022 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT AND IA No. 25254/2022 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES) WITH C.A. No. 3575-3581/2022 (XVII) C.A. No. 4526/2022 (XVII) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 14-11-2022 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE SUDHANSHU DHULIA For Appellant(s) Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv Mr. Ashish Kumar Pandey, Adv. Ms. Manjeet Kirpal, AOR For Respondent(s) Mr. Bhargava V. Desai, AOR Mr. Utkarsh Vats, Adv. UPON hearing the counsel the Court made the following O R D E R Mr. Bhargava V. Desai, learned counsel appears for the contesting respondent in Civil Appeal Nos. 3575-3581/2022 and 4526/2022, has also requested to appear in the connected matter being
2 Civil Appeal No.1272/2022, where the service is said to be awaited. Learned counsel for the petitioner may supply the requisite papers to the learned counsel for the respondent within a week. Learned counsel for the respondent may file counter affidavit within two weeks thereafter. List these matters after three weeks. (NEETU KHAJURIA) ASTT. REGISTRAR-cum-PS (RANJANA SHAILEY) COURT MASTER
ITEM NO.801 COURT NO.9 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (For service compliance. ) Date : 26-09-2022 This appeal was called on for mentioning today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MS. JUSTICE BELA M. TRIVEDI For Parties Mr. Ashim Sood, Adv. Mr. Mayank Pandey, AOR UPON hearing the counsel the Court made the following O R D E R List this matter in the week commencing from 17.10.2022. (NEETA SAPRA) (RANJANA SHAILEY) COURT MASTER (SH) COURT MASTER (NSH)
ITEM NO.11 COURT NO.11 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS CIVIL APPEAL Diary No. 24689/2022 (Arising out of impugned final judgment and order dated 20-09-2021 in AN No. 460/2020 passed by the Securities Appellate Tribunal, Mumbai) JATIN SHAH Petitioner(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) ( IA No.119340/2022-CONDONATION OF DELAY IN FILING and IA No.119341/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.119342/2022-STAY APPLICATION and IA No.123090/2022- PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES ) Date : 16-09-2022 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MS. JUSTICE BELA M. TRIVEDI For Petitioner(s) Mr. Mayank Pandey, AOR Mr. Vikas Bengani, adv. Mr. A.K. Pandey, Adv. Mr. E. Gupta, Adv. For Respondent(s) UPON hearing the counsel the Court made the following O R D E R Issue notice on the application seeking condonation of delay returnable in two weeks. Dasti service, in addition to ordinary process, is permitted. (GULSHAN KUMAR ARORA) (RANJANA SHAILEY) AR-CUM-PS COURT MASTER (NSH)
ITEM NO.22 COURT NO.13 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No(s). 4526/2022 JANAK CHIMANLAL DAVE Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No.83844/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Date : 11-07-2022 This appeal was called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE ANIRUDDHA BOSE For Appellant(s) Mr. Rudrajit Ghosh, Adv. Ms. Ashu Goyal, Adv. Ms. Manjeet Kirpal, AOR For Respondent(s) UPON hearing the counsel the Court made the following O R D E R Issue notice. Connect with Civil Appeal No. 1272 of 2022. (SHRADDHA MISHRA) (RANJANA SHAILEY) SENIOR PERSONAL ASSISTANT COURT MASTER (NSH)
ITEM NO.5 COURT NO.12 SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal Nos. 3575-3581/2022 JINAL APURVAL RAWAL Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No.67492/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.67491/2022-EX-PARTE STAY) Date : 20-05-2022 These appeals were called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE ANIRUDDHA BOSE For Appellant(s) Mr. Mayank Pandey, AOR For Respondent(s) UPON hearing the counsel the Court made the following O R D E R Issue notice. Connect with C.A. No. 1272 of 2022. (NEETA SAPRA) (RANJANA SHAILEY) COURT MASTER (SH) COURT MASTER (NSH)
C.A. No. 1272/2022 ITEM NO.4 Court 14 (Video Conferencing) SECTION XVII S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Civil Appeal No. 1272/2022 HEMANT SHETH & ORS. Appellant(s) VERSUS SECURITIES AND EXCHANGE BOARD OF INDIA Respondent(s) (IA No.20546/2022-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.20545/2022-EX-PARTE STAY ) Date : 21-02-2022 This appeal was called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE VIKRAM NATH For Appellant(s) Mr. Ashim Sood, Adv. Mr. Vikas Bengani, Adv. Mr. Ekansh Gupta, Adv. Mr. Mayank Pandey, AOR For Respondent(s) UPON hearing the counsel the Court made the following O R D E R Learned counsel for the appellants submits that the Whole Time Member has erred in issuing directions to the appellants for disgorgement and the Securities Appellate Tribunal has also erred in affirming such directions despite there being no determination of the questions as to whether, and to what extent, the appellants had made ill-gotten gains, if any. Learned counsel also submits that the Whole Time Member and the Tribunal have further erred in issuing the orders and affirming the same for the so-called joint and several liability for disgorgement. According to the learned counsel, the concept of 1
C.A. No. 1272/2022 joint and several liability cannot be imported in relation to the equitable remedy of disgorgement, which is essentially to be measured as per the quantum of ill-gotten gains by a particular entity. According to the learned counsel, in any case, the considerations which have been applied qua the other entities, said to be directly involved in the questioned trading, could not have been applied to the appellants when the allegations against the appellants had been of financing and not of direct trading. The matter requires consideration. Admit. Issue notice. (NEETA SAPRA) (RAM SUBHAG SINGH) COURT MASTER (SH) BRANCH OFFICER 2