Quasar India Limited vs Sebi
- CitationReview Application No. 18 of 2023
Ratio decidendi
The rule this decision rests on
The Tribunal's reasoning is limited to a single proposition: a review application lies only where the applicant points to a manifest error apparent on the face of the earlier order, and absent such an error the application must be dismissed. The Tribunal, having heard the applicants, found no manifest error in its order of 28 February 2023 and on that basis dismissed the review without costs.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
Date of Decision : 28.04.2023
Review Application No. 18 of 2023 In Appeal No. 210 of 2023
1.
Quasar India Limited 305, Third Floor, Aggarwal Plaza, Sector-14, Rohini Delhi, West Delhi, Delhi- 110 085
2. Ankit Agarwal C-68, Third Floor, Bhagwati Vihar, Uttam Nagar, Near Haryana Diary, DK Mohan Garden, West Delhi, Delhi- 110 059
3. Ganesh Prasad Gupta E-21/54, Sector 3, Rohini, New Delhi- 110 085
4. Yogesh Bansal H. No. 46, Paschim Vihar, A-2, Block Market, .....Applicants / New Delhi- 110 063 Orig. Appellants
Versus
Securities and Exchange Board of India, SEBI Bhavan, Plot No. C-4A, G-Block, Bandra-Kurla Complex, Bandra (East), ... Respondent / Mumbai - 400 051. Orig. Respondent
Mr. Himanshu Gupta, CS i/b Himanshu S K Gupta & Associates for Appellants.
2 Mr. Sumit Rai, Advocate with Mr. Ravishekhar Pandey, Ms. Shefali Shankar and Ms. Rasika Ghate, Advocates i/b. MDP & Partners for the Respondent.
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 applicants, we
do not find any manifest error in our order dated
February 28, 2023. The review application fails and is
dismissed with no order as to costs.
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 28.04.2023 MADHUKAR Digitally MADHUKAR signed by
SHAMRAO SHAMRAO BHALBAR Date: 2023.05.01 BHALBAR 10:16:05 +05'30' msb
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