Opee Stock Link Ltd. and Another Vs. Securities and Exchange Board of India

Opee Stock Link Ltd. and Another vs Securities and Exchange Board of India

Type Court Judgment Court SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT Decided Oct 27, 2008

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Citation: sooperkanoon.com/941103
Court: SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT
Judge: Coram: Justice N.K.Sodhi, Presiding Officer, Utpal Bhattacharya Member
Decided On: Oct 27, 2008
Case Number: Misc. Application No.86 of 2008 In Appeal No.92 of 2008
Subject: Miscellaneous

Case Summary

AI-generated summary - not the official court judgment text.

Miscellaneous

Key legal issue: Miscellaneous

Parties & Advocates

Appellant / Petitioner

Opee Stock Link Ltd. and Another

Advocate Ms. Forum Shah Advocate for the Applicant. Mr. Deepak Dhane Advocate for Appellants.

Respondent

Securities and Exchange Board of India

Excerpt

appeal no. 92 of 2008 came up for hearing before us on july 30, 2008 and after hearing the learned counsel for the parties, we disposed of the same in terms of our order passed in appeal no. 104 of 2007 which was decided on 7.7.2008. since the enquiries against the appellants in all these appeals were pending, we directed the respondent board to complete those enquiries by passing appropriate orders before the end of october this year. the present application has been filed seeking extension of time. notice of this application was issued to the appellant in the main appeal. it is represented by a counsel who has no objection to the prayer being granted. since there is no objection to the prayer made in the application, we allow the same and extend the time till december 31, 2008 making it clear that by that time the proceedings should be concluded. the application stands disposed of as above.

Full Judgment

Appeal no. 92 of 2008 came up for hearing before us on July 30, 2008 and after hearing the learned counsel for the parties, we disposed of the same in terms of our order passed in Appeal no. 104 of 2007 which was decided on 7.7.2008. Since the enquiries against the appellants in all these appeals were pending, we directed the respondent Board to complete those enquiries by passing appropriate orders before the end of October this year. The present application has been filed seeking extension of time. Notice of this application was issued to the appellant in the main appeal. It is represented by a counsel who has no objection to the prayer being granted. Since there is no objection to the prayer made in the application, we allow the same and extend the time till December 31, 2008 making it clear that by that time the proceedings should be concluded.

The application stands disposed of as above.

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