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Mrs. Anila Jalan vs Sebi

Securities Appellate Tribunal6 February 2023Tarun Agarwala

Ratio decidendi

The rule this decision rests on

The Tribunal's dismissal of the review applications rests on the principle that a review lies only for a manifest error apparent on the face of the record; where the applicant shows no such error, the application must be dismissed, and the Tribunal will not reconsider its earlier order on the merits.

Written by Miss Lucy from the judgment below, not taken from a headnote.

Judgment

As delivered

BEFORE THE SECURITIES APPELLATE TRIBUNALMUMBAI

Date of Decision : 06.02.2023

Review Application No. 23 of 2022 In Appeal No. 389 of 2022

Mrs. Rinku Jalan Active Acres, Flat No. 13E, Tower 6B, 54/10 D.C. Dey Road, ..... Applicant / Kolkata - 700 015. Orig. Appellant

Versus

Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. ... Respondent

Mr. Rohit Gupta, Advocate with Mr. Hara Kar and S. Naik, Advocates i/b Interjuris for the Applicant / Orig. Appellant.

Mr. Shefali Shankar, Advocate with Mr. Ravishekhar Pandey, Mr. Nishit Dhruva and Mr. Rasika Ghate, Advocates i/b. MDP & Partners for Respondent.

WITH Review Application No. 24 of 2022 In Appeal No. 390 of 2022

Mrs. Anila Jalan Flat No. 102, E 1, Harrington Court, #99 Harrington Road, ..... Applicant / Chetput, Chennai. Org. Appellant

Versus 2

Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. ... Respondent

Mr. Rohit Gupta, Advocate with Mr. Hara Kar and S. Naik, Advocates i/b Interjuris for the Applicant / Orig. Appellant.

Mr. Shefali Shankar, Advocate with Mr. Ravishekhar Pandey, Mr. Nishit Dhruva and Mr. Rasika Ghate, Advocates i/b. MDP & Partners for Respondent.

AND Review Application No. 25 of 2022 In Appeal No. 391 of 2022

Sanjay Jalan Flat No. 102, "Avatara". Wheat Croft Road, Nungambakkam, ..... Applicant / Chennai - 600 034. Orig. Appellant

Versus

Securities and Exchange Board of India SEBI Bhavan, Plot No. C-4A, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. ... Respondent

Mr. Rohit Gupta, Advocate with Mr. Hara Kar and S. Naik, Advocates i/b Interjuris for the Applicant / Orig. Appellant.

Mr. Shefali Shankar, Advocate with Mr. Ravishekhar Pandey, Mr. Nishit Dhruva and Mr. Rasika Ghate, Advocates i/b. MDP & Partners for Respondent. 3

CORAM : Justice Tarun Agarwala, Presiding Officer Ms. Meera Swarup, Technical Member

Per : Justice Tarun Agarwala, Presiding Officer (Oral)

1.

Having heard the learned counsel for the applicant we

do not find any manifest error requiring reconsideration of our

order dated July 19, 2022. The Review Applications fail and

are dismissed.

2. This order will be digitally signed by the Private

Secretary on behalf of the bench and all concerned parties are

directed to act on the digitally signed copy of this order.

Certified copy of this order is also available from the Registry

on payment of usual charges.

Justice Tarun Agarwala Presiding Officer

Ms. Meera Swarup Technical Member 06.02.2023 MADHUKAR Digitally signed by MADHUKAR SHAMRAO SHAMRAO BHALBAR

msb BHALBAR Date: 2023.02.07 11:40:30 +05'30'

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