M/S. Ideal Carpets Limited vs Sebi

Date of Decision: 10.07.2019

Appeal No. 259 of 2019

M/s. Ideal Carpets Limited C-4/118, Safdarjung Development Area, New Delhi- 110 029 ...Appellant

Versus

BSE Limited P. J. Towers, 25th Floor, Dalal Street, Mumbai- 400 001 ...Respondent

Mr. Swapnil Bangur, Advocate with Mr. Dushyant Kumar, Advocate i/b Themis Legal for the Appellant.

Mr. Tomu Francis, Advocate with Mr. Manish Chhangani and Mr. Arka Saha, Advocates for the Respondent.

CORAM: Justice Tarun Agarwala, Presiding Officer Dr. C.K.G. Nair, Member Justice M. T. Joshi, Judicial Member

Per: Justice Tarun Agarwala (Oral)

1.

In view of the submission made by the learned counsel for

the respondent that Secretarial Audit Report has been submitted

to the respondent, the only question which remains is with

regard to the outstanding Annual Listing Fees of ` 14,49,630/-. 2

2. In this regard, we find that the appellant by an Email dated

November 01, 2018 had requested the respondent to provide the

bifurcation of the listing fee which apparently has not been

provided. We find that there is no reason for the respondent in

not responding to the Email of the appellant dated November

01, 2018.

3. We accordingly dispose of the matter, directing the

appellant to deposit the entire amount of ` 14,49,630/- within

two weeks from today. Once the amount is deposited by the

appellant the respondent will provide the necessary bifurcation

to the appellant within a week thereafter.

Sd/-

Justice Tarun Agarwala Presiding Officer

Sd/-

Dr. C.K.G. Nair Member

Sd/-

Justice M. T. Joshi Judicial Member 10.07.2019 Prepared & Compared By: PK