Mr.T.Palpandi v. Union Of India

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 17.07.2020

CORAM

THE HON'BLE MR.JUSTICE M.M.SUNDRESH and THE HON'BLE MRS.JUSTICE R.HEMALATHA W.P.No.9404 of 2020 & WMP.No.11491/2020 Mr.T.Palpandi ... Petitioner Vs.

1.Union of India represented by Department of Economic Affairs, 39A&B, Indra Park Palam Colony Kamal Park, Palam, New Delhi - 110 001.

2.Mr.Ramesh Abishek ... Respondents Prayer:- Writ petition filed under Article 226 of the Constitution of India praying for a Writ of Mandamus directing the 1st respondent to ensure that appointments of SEBI Chairman should be of persons with high standing and integrity and dedicated towards the cause of protecting the interest of investors and a definitive eligibility criteria for identifying such candidates may also be put in place by the 1st respondent and also forbear the respondent from considering the appointment of the 2nd respondent for the post of Chairman of Securities Exchange Board of India [SEBI], 1992.

For Petitioner :

Mr.P.Wilson, Senior counsel for Mr.Deepanuday For R1 :

Mr.N.Ramesh Sr.Panel counsel for Central Government https://hcservices.ecourts.gov.in/hcservices/

ORDER

(Order of the Court was made by M.M.SUNDRESH, J.) (1)This writ petition, styled as a Public Interest Litigation, has been filed by the petitioner seeking direction to the 1st respondent to ensure that a fair procedure is being adopted while not considering the case of the 2nd respondent to the post of Chairman of Securities Exchange Board of India [SEBI]. (2)Mr.N.Ramesh, learned Senior Panel counsel for Central Government accepting notice on behalf of the 1st respondent, on instructions, submitted that the 2nd respondent has not even applied for the post of the Chairman of SEBI and therefore, there is no question of shortlisting him for the said post and thereafter considering him.

(3)In the light of the statement made by the learned Senior Panel counsel for Central Government for the 1st respondent, nothing survives in the writ petition.

(4)Accordingly, recording the said submission of the learned Senior Panel counsel for Central Government for the 1st respondent, the writ petition is closed. No costs. Consequently, the connected miscellaneous petition is also closed.

Sd/- Assistant Registrar /true copy/ Sub Asst. Registrar ap To The Department of Economic Affairs, Union of India, 39A&B, Indra Park Palam Colony Kamal Park, Palam, New Delhi - 110 001.

W.P.No.9404 of 2020 ln(co) aa09/10/2020 https://hcservices.ecourts.gov.in/hcservices/