Ms. Sangeeta Sethia vs Sebi
- CitationReview Application No. 30 of 2019
Ratio decidendi
The rule this decision rests on
The Tribunal's reasoning rests on a single finding of fact: that the appellants were duly served with the show cause notice on 18 January 2019. Where the record establishes service of a show cause notice, a review application seeking to reopen the matter on the ground of non-service cannot succeed.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
Date of Decision: 10.02.2020
Misc. Application No. 643 of 2019 In Review Application No. 30 of 2019 In Appeal No. 194 of 2019
1.
Ms. Sangeeta Sethia 201, Mayfair Garden, Road No. 12, Banjara Hills, Hyderabad, Telangana-500 034
2. Mr. Prabhat Sethia Plot No. 111, H. No. 8-3-1100, Flat No. 503, Jyothi Splendour Srinagar Colony, Hyderabad, Telangana- 500 073 ...Applicants
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. Noelle Ann Park, Advocate with Mr. Rohmin Aref, Advocate for the Applicants.
Mr. Abhiraj Arora, Advocate i/b ELP 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) 2
1. Delay in filing the Review Application is condoned.
2. Having heard the learned counsel for the applicants, we do
not find any merit in the Review Application. We find that the
appellants were duly served with the show cause notice on
January 18, 2019.
3. Review Application fails and is dismissed.
Sd/-
Justice Tarun Agarwala Presiding Officer
Sd/-
Dr. C.K.G. Nair Member
Sd/-
Justice M. T. Joshi Judicial Member 10.02.2020 Prepared & Compared By: PK
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