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Bombay High CourtWP/3977/2024disposed off

Bharat Nidhi Limited v. Securities And Exchange Board Of India

2024-12-16Hon'Ble Smt. Justice Bharati Dangre , Hon'Ble Justice Smt Manjusha Ajay Deshpande3 pages

1/3 2 wp-3977-24.odt MANDIRA MILIND SALGAONKAR MILIND SALGAONKAR Date: 2024.12.17 19:00:09 +0530

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO.3977 OF 2024 WITH INTERIM APPLICATION NO.2566 OF 2024 Bharat Nidhi Limited ..

Petitioner

Versus

Securities and Exchange Board of India ..

Respondent WITH WRIT PETITION (L) NO.2325 OF 2024 WITH INTERIM APPLICATION NO.573 OF 2024 WITH INTERIM APPLICATION NO.571 OF 2024 WITH INTERIM APPLICATION (L) NO.9266 OF 2024 Ashoka Marketing Limited ..

Petitioner

Versus

Securities and Exchange Board of India ..

Respondent WITH WRIT PETITION NO.4828 OF 2024 WITH INTERIM APPLICATION (L) NO.9433 OF 2024 WITH INTERIM APPLICATION NO.574 OF 2024 IN INTERIM APPLICATION NO.572 OF 2024 Matrix Mechandise Limited ..

Petitioner

Versus

Securities and Exchange Board of India ..

Respondent

2/3 2 wp-3977-24.odt Mr.Ameya Gokhale with Mr.Rishabh Jaisani, Ms.Karishma Rao, Mr.Harit Lakhani, Mr.Ansh Kumar and Ms.Diva Shukla i/b Shardul Amarchand Mangaldas & Co. for the Petitioners in WP/3977/24 and IA/2566/24.

Mr.Ameya Gokhale with Mr.Rishabh Jaisani, Ms.Karishma Rao, Mr.Harit Lakhani, Mr.Ansh Kumar and Ms.Diva Shukla i/b Shardul Amarchand Mangaldas & Co. for the Petitioners in WP/4828/24 and IAL/9433/24.

Mr.Ameya Gokhale with Mr.Harit Lakhani and Mr.Ansh Kumar i/b Shardul Amarchand Mangaldas & Co. for the Petitioners in WPL/2325/24 and IAL/9266/24.

Mr.J.J.Bhatt, Senior Advocate with Mr.Vishal Kanade, Mr.Mihir Mody, Mr.Shreyas Menkudale and Mr.Harshvardhan Melanta i/b K.Ahsar & Co. for Respondent No.1/SEBI in WP/3977/24, WPL/2325/24 and WP/4828/24.

Mr.N.H.Seervai, Senior Advocate with Mr.Arti Raghavan, Mr.Pulkit Sukhramani, Ms.Samreen Fatima, Mr.Juan Disouza i/b JSA Advocates and Solicitors for Respondent Nos.6 to 25 in WP/3977/24, for Respondent Nos.8 to 24 in WPL/2325/24 and for Respondent Nos.5 to21 in WP/4828/24.

Mr.Gaurav Joshi, Senior Advocate with Mr.Kunal Katariya and Ms.Garima Mehrotra for Respondent Nos.26 and 27 in WP/3977/24, for Respondent Nos.25 and 26 in WPL/2325/24 and for Respondent Nos.22 and 23 in WP/4828/24. ...

CORAM: BHARATI DANGRE & MANJUSHA DESHPANDE, JJ.

DATED : 16th DECEMBER, 2024 P.C:- Though we had directed listing of the proceedings at 2.30 pm., considering that it is the last week before the Christmas Vacation and, since, we are already in a part heard matter

3/3 2 wp-3977-24.odt involving medical admission, we requested Mr.Seervai, learned senior counsel, who was to commence his arguments, whether matter can be rescheduled after Christmas Vacation, to which he readily agreed.

By consent of the parties, we treat the proceedings to be part heard, as substantial arguments have been heard, with an direction that it shall be listed under caption 'for directions' on 06/01/2025.

On the said date, the future course of action will be chalked out.

(MANJUSHA DESHPANDE,J.) (BHARATI DANGRE, J.)