Jayant N. Parekh v. The Securities And Exchange Board Of India And ANR
902-IA-1367-2026 (CR).doc Shubhada S. Kadam
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CRIMINAL APPELLATE JURISDICTION INTERIM APPLICATION NO. 1367 OF 2026 IN CR.APPLICATION NO. 1277 OF 2017 Jayant N. Parekh
VERSUS
The Securities And Exchange Board Of India and anr. _________________________________________________________________ Mr. Devanshu P. Desai, Advocate for Applicant. Ms. Anubha Rastogi, SPP for Respondent No.1-SEBI. Ms. Kranti Hiwrale, APP for Respondent No.2-State. _________________________________________________________________
CORAM
: SHIVKUMAR DIGE, J.
DATE : 23rd APRIL, 2026.
P.C. :
1.
Heard learned counsel for the applicant, learned special counsel for respondent No.1-SEBI and learned counsel for respondent No.2-State. 2.
By this application, the applicant is seeking permission of this Court to travel abroad.
3.
It is contention of learned counsel for the applicant that the applicant need to travel to Bhutan from 16th May 2026 to 26th May 2026 and requested to allow the application.
4.
Learned SPP strongly objected to allow the application on the SHUBHADA SHANKAR KADAM ground that this Court(Coram : G. A. Sanap, J.) has passed an order dated SHUBHADA SHANKAR KADAM Date: 2026.04.27 15:26:37 +0530 10th November 2023 and the applicant has to file an application to travel
902-IA-1367-2026 (CR).doc Shubhada S. Kadam abroad before the Sessions Court.
5.
I have heard both learned counsel, perused the documents produced on record.
6.
Hereinafter, the applicant shall file application seeking permission to travel abroad before the Sessions Court. 7.
In view of above, I pass following order :
O R D E R
1.
The application is allowed.
2.
The applicant is permitted to travel to Bhutan from 16th May 2026 to 26th May 2026.
3.
The applicant shall provide itinerary of his travel and his contact number at Bhutan to the Investigating Officer. The application stands disposed of in above terms. (SHIVKUMAR DIGE, J.)