2013 (4) TMI 1011

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.... ORDER 1. We have heard Mr. Chander Uday Singh, learned Senior Counsel for the appellant and Mr. Rajeev Kumar, learned counsel for the respondents. 2. We are of the opinion that the Securities Appellate Tribunal, Mumbai, (hereinafter referred to as 'the Tribunal') ought to have recorded its independent finding in regard to the contraventions of Sections 69, 73(3A) and 77 of the Compani....