2010 (6) TMI 321

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..... e revisionist has challenged the order dated 6-5-2010 passed in C.C. No. 2 of 2009, titled as 'Securities & Exchange Board of India (SEBI) v. M/s. Indus Valley Estates & Farms Ltd. rejecting the application moved on behalf of the petitioner/accused No. 1 for summoning the witness in respect of audit carried out by the auditor of the Securities & Exchange Board of India (SEBI) and another. 2. Resp .....

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..... x-CW-3/D on 4-8-2007, the revisionist had not reserved any right to further summon for cross-examination any witness in respect of the said report. 5. The revisionist, thereafter, belatedly filed an application to summon the auditor which was contested by the respondent No. 1 contending, inter alia, that the request of the revisionist is not only belated, but it has been filed with a view to dela .....

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..... eport was exhibited as Ex-CW-3/D along with other documents on 4-8-2007, and opportunity was not reserved by the revisionist to further cross-examine any other witness in respect of the said report, nor it has been shown that any objection was taken regarding exhibition of the said documents. 9. In the circumstances, the dismissal of the application for summoning the auditor of the report, which .....

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