https://www.taxtmi.com/caselaws?id=772427 Securities Appellate Tribunal at Mumbai dismissed appellant's application for condonation of 100-day delay in filing appeal against SEBI confirmatory order. Appellant, a Non-Executive Director and Chairman of large corporation, cited travel for social purposes, medical appointments, and advocate changes as grounds for delay. Tribunal found appellant negligent and held that these reasons were insufficient to constitute sufficient cause for condonation of delay. Application dismissed for lack of sufficient cause to exercise discretionary jurisdiction. en-us Fri, 02 May 2025 00:00:00 +0530 Fri, 20 Jun 2025 15:18:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772427 Securities Appellate Tribunal at Mumbai dismissed appellant's application for condonation of 100-day delay in filing appeal against SEBI confirmatory order. Appellant, a Non-Executive Director and Chairman of large corporation, cited travel for social purposes, medical appointments, and advocate changes as grounds for delay. Tribunal found appellant negligent and held that these reasons were insufficient to constitute sufficient cause for condonation of delay. Application dismissed for lack of sufficient cause to exercise discretionary jurisdiction. Case-Laws SEBI Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772427