2022 (10) TMI 1333

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....TICE TARUN AGARWALA, PRESIDING OFFICER, JUSTICE M. T. JOSHI, JUDICIAL MEMBER AND MS. MEERA SWARUP, TECHNICAL MEMBER For the Appellant : Mr. Sharad Bansal, Advocate with Mr. Sumit Agrawal, Mr. Tarun Toprani, Mr. Pratham Darad, Mr. Abhay Chauhan, Advocates i/b Regstreet Law Advisors For the Respondent : Mr. Aakash Rebello, Advocate with Ms. Monika Tanna, Advocate i/b Singhania & CO LLP. ORD....

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.... registered under the relevant regulations. It was also come on record that the appellant pursuant to the said impugned order had issued an advertisement inviting its clients to come forward and claim the refund of the amount paid by them. It is stated that in spite of the advertisement no investors come forward to claim the refund and, consequently, urged that the recovery certificate is bad in l....