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High Court of DelhiW.P.(C)/16172/2024

Pramod Goyal v. Securities And Exchange Board Of India & ORS.

2024-11-29Hon'Ble Mr. Justice Manoj Jain3 pages

$~62 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 16172/2024 & CM APPL. 67980-67981/2024 PRAMOD GOYAL .....Petitioner Through:

Mr. Ravi Gupta, Sr. Advocate with Mr. Ankit Jain, Ms. Apurva Tyagi, Ms. Divyanshu Rathi, Mr. Rishabh Jain, Ms. Muskaan Mehra and M Mr. Shrey Sharma, Advocates.

versus SECURITIES AND EXCHANGE BOARD OF INDIA & ORS. .....Respondents Through:

Mr. Ashish Aggarwal with Mr.Himanshu Singh, Advocates for respondent No.1.

Mr. Neeraj Malhotra, Sr. Advocate with Mr. Jaiyesh Bakshi, Mr. Ravi Tyagi, Mr. Gaurav Mishra, Mr. Daman Popli, Mr. Anubhav Yadav, Mr. Sahil Dhawan and Mr. Nimish Kumar, Advocates for respondent No.2.

Mr. Ravi Prakash CGSC, Ms. Isha Kanth, Mr. Yasharth Shukla, Mr Taha Yasin, Ms. Astu Khandelwal, Advocates for UOI.

Mr. Bharat Chugh with Mr. Ajatshatru Singh Rawat, Ms. Vanya Agarwal and Ms. Shreya, Advocates for respondent Nos.8 to 12.

CORAM:

HON'BLE MR. JUSTICE MANOJ JAIN

O R D E R

% 29.11.2024 1.

Learned senior counsel for respondent No.2 i.e. National Stock W.P.(C) 16172/2024 The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

Exchange of India Limited submits that the present petition is premature and is not maintainable.

2.

It is submitted that respondent No.2 has already received a complaint dated 21.10.2024 from the same petitioner and such complaint is still pending consideration. Viewed thus, the present petition is premature.

3.

Learned counsel for the petitioner, however, contends that the petition is maintainable.

4.

Fact remains that the final decision has yet not been taken by respondent No.2 and since the complaint dated 21.10.2024 made by the petitioner is still pending consideration, there is no real requirement of adjudicating the present petition.

5.

Learned counsel for the petitioner submits that on account of certain additional facts, which have come to his knowledge subsequent to 21.10.2024, he would send a supplementary complaint to the above said Authorities.

6.

He is always at liberty to take whatever action is permissible under the law and under the relevant guidelines. 7.

The petition is disposed of in the aforesaid terms. 8.

All rights and contentions of the parties are left open. MANOJ JAIN, J NOVEMBER 29, 2024 st W.P.(C) 16172/2024 The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.