2022 (9) TMI 523 - AT - SEBI

SEBI Settlement Scheme, 2022 - opportunity for settlement has been provided to the entities who have executed reversal trades in the stock option segment of Bombay Stock Exchange Ltd. during the period April 1, 2014 to September 30, 2015 - HELD THAT - We dispose of the appeal directing the appellant to file an appropriate application for settlement before the authority concerned within two weeks from today. If the same is filed, the authority will accept the settlement application in terms of proposed SEBI Settlement Scheme 2022 as an application filed in a pending proceeding and pass appropriate orders. The appeal is disposed of. This order will be digitally signed by the Private Secretary on behalf of the bench and all concerned parties are directed to act on the digitally signed copy of this order. Certified copy of this order is also available from the Registry on payment of usual charges.

Summary

The Securities Appellate Tribunal Mumbai issued an order directing the appellant to file a settlement application within two weeks under the SEBI Settlement Scheme 2022 for reversal trades in the stock option segment of Bombay Stock Exchange Ltd. between April 1, 2014, and September 30, 2015. The appeal was disposed of accordingly.