At, SEBI Securities Exchange Board of India Securities Appellate Tribunal
By, THE HONOURABLE JUSTICE P.K. MALHOTRA
By, MEMBER & THE HONOURABLE JUSTICE S.S.N. MOORTHY
For the Appellant: J. J. Bhatt, Advocate. For the Respondent: Sachin Chandarana, Ms. Pranika Bhatia, Advocates.
Per: P. K. Malhotra, Member (Oral)
We have heard learned counsel for the parties for some time. Learned counsel for the respondent states that the National Stock Exchange of India Ltd. (NSE) is willing to clarify that the appellant has ceased to be a defaulter and its name will be removed from NSE’s list of defaulters. NSE will also issue a circular and press release in this regard. NSE will take this action within a period of one week from today.
In view of the statement made on behalf of NSE, learned counsel for the appellant requests that he may be per
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mitted to withdraw the appeal. Dismissed as withdrawn.