Sundar Bhabal v. Security And Exchange Board Of India Mumbai And ORS

S.S.Kilaje 506 to 509-IA-1235 & group-25.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION INTERIM APPLICATION NO. 1235 OF 2025 IN CRIMINAL APPEAL NO. 1206 OF 2024 Rajendra Khanvilkar ... Applicant

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Security and Exchange Board of India and Ors. ... Respondents WITH INTERIM APPLICATION NO. 1236 OF 2025 IN CRIMINAL APPEAL NO. 1207 OF 2024 Manohar Nagvekar ... Applicant

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Security and Exchange Board of India and Ors. ... Respondents WITH INTERIM APPLICATION NO. 1237 OF 2025 IN CRIMINAL APPEAL NO. 1201 OF 2024 Sundar Bhabal ... Applicant

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Security and Exchange Board of India and Ors. ... Respondent WITH INTERIM APPLICATION NO. 1239 OF 2025 IN CRIMINAL APPEAL NO. 1204 OF 2024 Machindra Waykar ... Applicant

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Security and Exchange Board of India and Ors. ... Respondents 1/2

S.S.Kilaje 506 to 509-IA-1235 & group-25.doc .............

Mr. Nitin H. Sejpal a/w. Mrs. Pooja N. Sejpal, Ms. Akshata B. Desai & Mr. Sahir A. Patel, Advocates for the Applicants. Mr. Prashant P. Jadhav, APP for the State.

CORAM

: SHIVKUMAR DIGE, J.

DATED : 27th MARCH, 2025.

P. C. :

1.

Heard learned counsel for the applicants.

2.

By the above-mentioned Interim Applications, the applicants are seeking modification of the Order dated 12th March 2025 passed by this Hon'ble Court to the extent of allowing each of the applicant to deposit Rs.2,50,000/- instead of Rs.5,00,000/-.

3.

Learned counsel for the applicants submits that each of applicant is ready to deposit Rs.2,50,000/- instead of Rs.5,00,000/-. 4.

Considering the submissions of learned counsel for the applicants, the Interim Applications are allowed and disposed of. 5.

Each of the applicant to deposit Rs.2,50,000/- before this Court within 30 days from today.

( SHIVKUMAR DIGE, J.) SONALI SATISH KILAJE by SONALI SATISH KILAJE Date:

2025.04.01 11:36:46 +0700 2/2