Limited appellate interference with SAT order: merits upheld, but costs direction set aside.

The Supreme Court found no sufficient ground to interfere with the Securities Appellate Tribunal's impugned order on merits and declined the request for broader relief. It nevertheless granted limited relief by setting aside the direction imposing costs, leaving the merits determination undisturbed while removing the costs component in favour of the appellant.

---

---

Issues: Whether interference was warranted with the impugned order of the Securities Appellate Tribunal, and whether the costs component could be set aside.

Analysis: The Court found no good ground to interfere with the impugned order on merits, but granted limited relief by setting aside the direction imposing costs of Rs. 5 lakh.

Conclusion: The request for interference with the impugned order was declined, while the costs order was set aside in favour of the appellant.

---