Remac Reality India Ltd. v. SEBI & Ors.
Case brief
What is this about?
Batch order dated 14.05.2026 by Chaitali Chatterjee (Das), J. and Rajarshi Bharadwaj, J. in five writ petitions (items 27-31): WPA 24605 of 2015 (Soumitra Ghosh & Ors.), WPA 25257 of 2015 with CAN 1 of 2023 (Remac Realty India Ltd.), and WPA 31459 of 2014 (Debatosh Das) dismissed for default on petitioner non-appearance; WPA 29724 of 2015 (Goutam Mandal & Ors.) and WPA 4897 of 2018 (Subrata Basu) adjourned to 11th June, 2026 for filing of report by the One Man Committee and SEBI. Counsel named: Arindam Das, Tanuka Basu, Neguive Ahmed, Prasanta Kumar Dutt, Susanta Kumar Dutt, Syamantak Banerjee, Hasi Saha. Keywords: dismissal for default, non-appearance, One Man Committee report, SEBI, Union of India, adjournment.
What did the court decide?
No substantive relief. Three writ petitions (WPA 24605 of 2015, WPA 25257 of 2015 with CAN 1 of 2023, and WPA 31459 of 2014) dismissed for default for non-appearance of the petitioners; in WPA 29724 of 2015 and WPA 4897 of 2018 the One Man Committee and SEBI were permitted to file a report within 11th June, 2026 and those matters were adjourned to reappear on 11th June, 2026.