Two writ petitions filed against SEBI and others were disposed of. The court relied on the Supreme Court decision in B.S.E. Brokers' Forum, holding that no issues survived in the present petitions.
Rule stood discharged with no order as to costs; interim reliefs vacated.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO.1267 OF 1993
And
WRIT PETITION NO.1240 OF 1993
WP No.1267 of 1993
Ramrakh R.Bohra & Ors. .. Petitioners
Vs.
Securities & Exchange Board of
India & Ors. .. Respondents
--
Shri Jaideep Raut i/b M/s.Crawford Bayley & Co.for the
petitioners.
Shri D.M.Vyas i/b M/s.Maneksha & Sethna for the
respondent No.1.
Shri Sagar Divekar i/b Wadia Ghandy & Co. for
respondent No.5.
--
WP No.1240 of 1993
Shrenik K.Jhaveri & Ors. .. Petitioners
Vs.
Securities & Exchange Board
of India & Ors. .. Respondents
--
Shri Sushama Satpute i/b M/s.M & M Legal Venture for
the petitioners.
Shri D.M.Vyas i/b M/s.Maneksha & Sethna for the
respondent No.1.
Shri Sagar Divekar i/b M/s.Wadia Ghandy & Co.for the
respondent No.5.
--
CORAM : R.M.S.KHANDEPARKAR &
V.M.KANADE, JJ.
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DATED : 29th AUGUST, 2005.
P.C.
. Heard. The learned Advocates for the parties
state that the issue involved in the matters has been
covered by the decision of the Apex Court in
B.S.E.Brokers’ Forum, Bombay & Ors. v. Securities
and Exchange Board of India & Ors., reported in
(2001)3 SCC 482. Accordingly, in view of the said
decision, nothing survives in the present petitions.
Hence, both the petitions are accordingly disposed of.
Rule in both the petitions stands discharged with no
order as to costs. Interim reliefs, if any, stand
vacated.
(R.M.S.KHANDEPARKAR, J)
( V.M.KANADE, J)
Colour shows how this judgement treated each authority
B.S.E.Brokers' Forum, Bombay & Ors. v. Securities and Exchange Board of India & Ors.Followed¶21
B.S.E.Brokers' Forum, Bombay & Ors. v. Securities and Exchange Board of India & Ors., (2001)3 SCC 482 · Who else cites this
Ramrakh R.Bohra & Ors.
Shrenik K.Jhaveri & Ors.
Securities & Exchange Board of India & Ors.
R.M.S.KHANDEPARKAR
V.M.KANADE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court