Sahara-Sebi case: SAT dismisses plea for deadline extension
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A plea seeking extension of deadline for submission of investor documents by two Sahara group firms to market regulator Sebi was dismissed today by the Securities Appellate Tribunal (SAT), as the Supreme Court has already given specific directions in the case.
"Since the Supreme Court has already given a specific direction in the matter, the appeals before this Tribunal have become infructuous," SAT said in its order and dismissed the appeal.
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