Bombay High CourtWP/3977/2024disposed off

Bharat Nidhi Limited v. Securities And Exchange Board Of India

2025-01-06Hon'Ble Smt. Justice Bharati Dangre , Hon'Ble Justice Smt Manjusha Ajay Deshpande3 pages

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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 Llimited ..

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 WITH INTERIM APPLICATION NO. 572 OF 2024

2/3 901 WP 3977-24.doc Matrix Merchandise Limited ..

Petitioner

Versus

Securities and Exchange Board of India ..

Respondent ...

Mr. Venkatesh Dhond, Senior a/w Ameya Gokhale, Rishabh Jaisani, Karishma Rao, Harit Lakhani, Ansh Kumar, Shardul Amarchand Mangaldas and Co. for the petitioners in WP No.3997/2024 and for Applicant in IA No.2566/2014. Mr. Janak Dwarkadas, Senior Advocate a/w Ameya Gokhale, Rishabh Jaisani, Karishma Rao, Mr. Harit Lakhani, Mr. Ansh Kumar, i/b Shardul Amarchand Mangaldas and Co. for the Petitioners in WP (L) No.2325/2024 and for Applicant in IAL No.9266/2024.

Mr.J.J. Bhatt, Senior Advocate a/w Mr. Vishal Kanade, Mihir Mody, Harshwardhan Melanta, Shreyas Menkudale i/b K. Ashar and Co. for Respondent No.1 (SEBI) in WP No.3977/2024, WPL No.2325/2024 an WP No.4828/2024.

Mr. Gaurav Joshi, Senior Advocate (through VC) a/w Kunal Katariya i/b Garima Mehrotra and Anchal Yadav for Resp nos.26 and 27 in WP 3977/24, Resp no.25 and 26 in WPL 2325/24 and Resp No.22 and 23 in WP No.4828/2024.

Mr. N.H. Seervai, Senior Counsel a/w Ms. Arti Raghavan, Pulkit Sukhramani, Samreen Fatima & Juan Dsouza i/b JSA Advocates and Solicitors for Resp Nos. 9 to 25 in WPL No.3977/2024, for Resp Nos. 8 to 24 in WPL No.2325/2024 & for Resp Nos.5 to 21 in WPL 4828/2024.

3/3 901 WP 3977-24.doc CORAM : BHARATI DANGRE & ASHWIN D. BHOBE, JJ DATED : 6th JANUARY, 2025 P.C:- By consent, the respective counsel agree to move the praecipe before the Hon'ble The Chief Justice for placing the matter before a Bench comprising of myself and Justice Manjusha Deshpande.

(ASHWIN D. BHOBE, J) (BHARATI DANGRE, J.)