Supreme Court - Daily OrdersArvind Parasramka vs Securities And Exchange Board Of ... on 12 March, 2021IN THE SUPREME COURT OF INDIA\n                                            CIVIL APPELLATE JURISDICTION\n\n                                               Civil Appeal No 809 of 2021\n\n\n     Arvind Parasramka                                                             .... Appellant(s)\n\n\n                                                          Versus\n\n\n     Securities and Exchange Board of India & Ors                                  ....Respondent(s)\n\n\n\n                                                        ORDER1                   Since the appellant has already instituted proceedings before the National\n\n                         Company Law Tribunal which are pending before it, the Securities Appellate\n\n                         Tribunal1 held that “at the moment” there was no reason for it to entertain the\n\n                         appeal at the behest of the appellant.     The appellant is also not a present\n\n                         shareholder of the company.2                   It is evident from the above observations that at the present stage the SAT has\n\n                         declined to entertain the appeal also having regard to the fact that the appellant\n\n                         is in praesenti not a shareholder of the company.\n\n\n     3                   The appeal is accordingly dismissed.…………...…...….......………………........J.\n                                                                 [Dr Dhananjaya Y Chandrachud]\n\n\n\n\n                                                                …..…..…....…........……………….…........J.\n                                                                [M R Shah]\nSignature Not Verified\n\nDigitally signed by\nSanjay Kumar\nDate: 2021.03.18\n11:00:46 IST\n\n     New Delhi;Reason:March 12, 2021-S-1                   “SAT”\nITEM NO.19        Court 5 (Video Conferencing)                      SECTION XVII\n\n                  S U P R E M E C O U R T O F                I N D I A\n                          RECORD OF PROCEEDINGS\n\n                        Civil Appeal       No(s).809/2021\n\nARVIND PARASRAMKA                                                 Appellant(s)\n\n                                        VERSUS\n\nSECURITIES AND EXCHANGE BOARD OF INDIA & ORS.                     Respondent(s)Date : 12-03-2021 This appeal was called on for hearing today.CORAM :HON'BLE DR. JUSTICE D.Y. CHANDRACHUD\n           HON'BLE MR. JUSTICE M.R. SHAH\n\nFor Appellant(s)        Mr. Abhishek Gupta, AOR\n\nFor Respondent(s)\n\n\n          UPON hearing the counsel the Court made the following\n                                 O R D E R\n\n\n1    The appeal is dismissed in terms of the signed order.\n\n\n2    Pending application, if any, stands disposed of.(SANJAY KUMAR-I)                     (SAROJ KUMARI GAUR)\n             AR-CUM-PS                            COURT MASTER(Signed order is placed on the file)