Appeal Dismissed for Delay in Approach

The Securities Appellate Tribunal Mumbai dismissed an appeal due to inordinate delay in approaching the Tribunal. The appellant filed multiple complaints for the same cause of action, with the first complaint disposed of on March 22, 2019. The Tribunal found no adequate reason to condone the delay and dismissed the appeal with no order as to costs.

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The Securities Appellate Tribunal Mumbai dismissed an appeal due to inordinate delay in approaching the Tribunal. The appellant filed multiple complaints for the same cause of action, with the first complaint disposed of on March 22, 2019. The Tribunal found no adequate reason to condone the delay and dismissed the appeal with no order as to costs.

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