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2014 (6) TMI 900
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....mar Desai, Advocate with Mr. Tomu Francis, Advocate Per: Justice J.P. Devadhar (Oral) 1. Heard counsel for the parties. This appeal is filed in gross abuse of the process of law and completely disregarding the Apex Court order passed in the case of appellant on February 24, 2014. 2. While permitting withdrawal of Civil Appeal filed against order of this Tribunal dated December 12, 2013 th....
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..... Section 15Y of SEBI Act in fact debars Civil Courts from entertaining any suit or proceedings against the order of this Tribunal. 5. As per section 15Z of SEBI Act, appeal against any order of this Tribunal is maintainable before the Apex Court. Thus, it is clear that the present appeal filed to challenge the order of this Tribunal dated December 12, 2013 is wholly misconceived. 6. It is n....