Rajendra Khanvilkar v. Security And Exchange Board Of India And ORS

Shubhada S Kadam 107-IA-1731-2025 (CR).doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL INTERIM APPLICATION NO. 1731 OF 2025 IN CRIMINAL INTERIM APPLICATION NO. 1235 OF 2025 in CRIMINAL APPEAL NO. 1206 OF 2024 Rajendra Khanvilkar ... Applicant versus Security And Exchange Board Of India And Ors .... Respondents Mr. Nitin Sejpal along with Mr. Siddharth Gharat, Ms. Akshata Desai and Mr. Sahir Patel, Advocates for the Applicant. Ms. Aisha Shaikh i/b. Ms. Sabiha Ansari, Advocate for Respondent No.1. Mr. Kiran C. Shinde, APP for Respondent-State. CORAM : SHIVKUMAR DIGE, J.

DATE : 7th MAY, 2025.

P.C. :

1.

Heard learned counsel appearing for the respective parties. 2.

By this application, the applicant is seeking extension of time to deposit the amount of Rs.1,50,000/-.

3.

Learned counsel for the applicant submitted that this Court has directed the applicant to deposit Rs.2,50,000/-, out of which, the applicant will deposit the amount of Rs.1,00,000/- by tomorrow and extension of two months be granted to deposit remaining amount of Rs.1,50,000/-. 4.

Learned counsel for respondents strongly objected to allow the Digitally signed by SHUBHADA SHANKAR KADAM Date:

2025.05.08 16:07:40 +0530 application on the ground that more than six months time is given to the SHUBHADA SHANKAR KADAM applicant to deposit the amount.

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Shubhada S Kadam 107-IA-1731-2025 (CR).doc 5.

I have heard both learned counsel.

6.

Considering the submissions of both learned counsel and the reasons mentioned in the application as well as the applicant has undergone an eye surgery, I pass the following order :

O R D E R

1.

The application is allowed.

2.

Time to deposit the amount of Rs.1,50,000/- is extended by two months.

The application stands disposed of.

(SHIVKUMAR DIGE, J.) 2/2