Impose penalty for each offence independently for delay or default in making disclosures- SAT

BEFORE THE SECURITIES APPELLATE TRIBUNAL, MUMBAI Date of Hearing : 2.7.2014 Date of Decision : 2.7.2014 Appeal No.182 of 2014 Splash Media & Infra Ltd. Versus Securities and Exchange Board of India Mr. Joby Mathew, Advocate for the Appellant. Mr. Kumar Desai, Advocate with Mr. Mihir Mody and Mr. Pratham V. Masurekar, Advocates for the Respondent. CORAM : Justice J. P. Devadhar, Presiding Officer A S Lamba, Member Per : Justice J. P. Devadhar (Oral) This appeal is filed to challenge adjudication order passed by SEBI on March 25, 2014. Grievance of Appellant is that Adjudic...