Kirloskar Brothers Limited v. Kirloskar Ferrous Industries Ltd.
Case brief
What is this about?
Five connected Bombay High Court writ petitions (W.P. 495, 560, 607, 702, 710 of 2025) by Kirloskar Oil Engines, Kirloskar Pneumatic, G. G. Dandekar Properties, Kirloskar Industries and Kirloskar Ferrous Industries challenging certain Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; SEBI respondent (represented by Advocate General Dr. Birendra Saraf for W.P. 495); Kirloskar Brothers Limited intervenor in IA Nos. 945, 928, 1066, 946, 922 of 2025 (Janak Dwarkadas, Sr. Adv.). Order dated 11 June 2025 by M.S. Sonak & Jitendra Jain, JJ.: responses by SEBI due 31 July 2025, rejoinder by 14 August 2025, further hearing 20 August 2025; pendency of petitions not to affect pending SAT appeals. Procedural/adjournment order only; no merits decided; no precedents cited.
What did the court decide?
No substantive relief; first hearing only. The learned Advocate General for SEBI stated that responses would be filed in these Petitions on or before 31 July 2025, with any rejoinder by 14 August 2025; the Petitions and Interim Applications were listed for further consideration on 20 August 2025; and the Court clarified that pendency of the Petitions shall not affect the Petitioners' pending SAT appeals.