Securities Appellate Tribunal Mumbai Allows Appeal Delay, Disposes Misc. Application - No Cost Orders

The Securities Appellate Tribunal Mumbai condoned a 657-day delay in filing an appeal and disposed of Misc. Application No. 582 of 2019. Appeal No. 485 of 2019 was disposed of at the admission stage with no cost orders, as the respondent assured that proceedings could potentially be concluded within six months.

---

---

The Securities Appellate Tribunal Mumbai condoned a delay of 657 days in filing an appeal and disposed of the Misc. Application No. 582 of 2019. The appeal no. 485 of 2019 was disposed of at the stage of admission with no orders as to costs, as the respondent assured that the proceedings could be possibly disposed of within six months.

---