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2014 (6) TMI 900 - AT - Companies LawPenalty u/s 15HB & Section 15A(a) of SEBI Act, 1992 - Charges of trading as sub-broker with out registration - Non compliance of summons - Gross abuse of the process of law - Disregard the Apex court order - Held that:- In this case while permitting withdrawal of Civil Appeal filed against order of this Tribunal dated December 12, 2013 [2013 (12) TMI 1475 - SECURITIES APPELLATE TRIBUNAL MUMBAI] the Apex Court on February 24, 2014 had permitted the appellant to file an application before this Tribunal along with documents which could not be placed before this Tribunal while passing order on December 12, 2013 [2013 (12) TMI 1475 - SECURITIES APPELLATE TRIBUNAL MUMBAI]. It is not possible to consider the appeal filed by appellant as application filed pursuant to Apex Court order dated February 24, 2014, because as per that order appellant was required to annex new documents which were not placed before this Tribunal in the earlier proceedings. Since no new documents are annexed to the present appeal, it cannot be treated as application filed pursuant to the order passed by the Apex Court. The appeal is filed in gross abuse of the process of law and by completely disregarding the directions contained in the Apex Court order dated February 24, 2014 we have no option but to dismiss the appeal. - Decided against the appellant.
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