w w w . L a w y e r S e r v i c e s . i n
Saksham Financial Services Pvt. Ltd. v/s Whole Time Member, Securities and Exchange Board of India
Appeal No.66 of 2008
Decided On, 17 October 2008
At, SEBI Securities Exchange Board of India Securities Appellate Tribunal
By, CORAM : JUSTICE N.K. SODHI
By, PRESIDING OFFICER
By, UTPAL BHATTACHARYA
Mr. J. J. Bhatt Advocate with Ms. Prachi Pande Advocate for the Appellant. Mr. Kumar Desai Advocate with Ms. Sejal Shah Advocate for the Respondent.
Per : Justice N.K. Sodhi, Presiding Officer (Oral)
We have heard the learned counsel for the parties and they are agreed that the
show cause notice issued to the appellant is vague and does not make out a case
against it. In this view of the matter the appeal is allowed and the impugned order set
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r />aside qua the appellant. No costs.