The court directed SEBI to communicate its decision and action taken on the petitioner's complaints regarding illegal share transfers within four weeks, as a decision appeared to have been taken but not served.
SEBI directed to communicate its decision on the complaints within four weeks from today.
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.
Digitally signed by KAWRE KAWRE KIRAN KIRAN KALYAN KALYAN Date: 2023.12.08 15:13:20 +0530
16-WP-3458-2018.odt
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 3458 OF 2018
Peter Jesunathadas ...Petitioner
Versus
Securities and Exchange Board of India & Anr. ...Respondents
Mr. Nikhil Sakhardande Senior advocate a/w Mr. Abhineet Sharma i/b RHP Partners, for Petitioner.
Mr. Dhaval Patil i/b M/s K. Ashar & Co., for Respondent No.1-SEBI.
CORAM : G. S. KULKARNI & JITENDRA JAIN, JJ.
DATE : DECEMBER 5, 2023.
P.C.:
petitioner and Mr. Patil, for respondent No.1-SEBI.
of the petitioner. It appears from the record that repeated complaints were
made by the petitioner to the SEBI to take an action in accordance with
law in regard to such illegal transfers of shares.
Page 1 of 3 ------------------------December 5, 2023
Kiran Kawre
16-WP-3458-2018.odt
Page 2 of 3
Kiran Kawre
------------------------December 5, 2023
16-WP-3458-2018.odt
report which has been received. Let such communication of the decision to
the petitioner take place within a period of four weeks from today.
[JITENDRA JAIN, J.]
[G. S. KULKARNI, J.]
Page 3 of 3
Kiran Kawre
December 5, 2023
1 issue framed by the court
Whether SEBI was required to communicate its decision on the petitioner's complaints regarding illegal share transfers within a specified time.
1 provisions across 1 enactments
Peter Jesunathadas
Securities and Exchange Board of India
G. S. KULKARNI
JITENDRA JAIN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
