Anukul Ranjan Sarkar & Others Vs State of West Bengal & Others — Calcutta HC (2026) — LawSathi Research

Anukul Ranjan Sarkar & Others Vs State of West Bengal & Others — Calcutta HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Mixed disposition: WPA 15888 of 2016, WPA 29775 of 2014 and WPA 5870 of 2025 dismissed for default, with any interim orders standing vacated; WPA 13162 of 2015 and WPA 18501 of 2015 referred to the One Man Committee for valuation of the seized movable and immovable assets, its report to be filed before the Court, and the matters listed in the Monthly List of June, 2026.

Issue for consideration

Valuation, through the One Man Committee, of the assets (both movable and immovable) seized and identified by SEBI and other statutory agencies, in WPA 13162 of 2015 and WPA 18501 of 2015.

Court's answer

WPA 13162 of 2015 and WPA 18501 of 2015 are referred to the One Man Committee for valuation of the assets, both movable and immovable, seized and identified by SEBI and other statutory agencies.

Ratio / Principle

WPA 15888 of 2016 (Kalachand Naskar & Ors.) is dismissed for default, no one having appeared for the petitioners when the matter was called on for hearing and no accommodation having been sought.

Key takeaways

Any interim order operating in WPA 15888 of 2016 shall stand vacated.ratio¶27
WPA 29775 of 2014 (Anukul Ranjan Sarkar & Ors.) is dismissed for default, no one having appeared for the petitioners when the matter was called on for hearing and no accommodation having been sought.ratio¶34
Any interim order operating in WPA 29775 of 2014 shall stand vacated.ratio¶35

Detailed headnote1 paragraphs

Bench order of Chaitali Chatterjee (Das) and Rajarshi Bharadwaj, JJ., dated 12.05.2026, in five connected writ petitions concerning assets seized and identified by SEBI and other statutory agencies. WPA 15888 of 2016 (Kalachand Naskar & Ors.), WPA 29775 of 2014 (Anukul Ranjan Sarkar & Ors.) and WPA 5870 of 2025 (Jharna Nandi & Ors.) were dismissed for default — nobody appearing for the petitioners and no accommodation sought — and any interim orders therein were directed to stand vacated. WPA 13162 of 2015 (Rumpa Biswas & Ors.) with WPA 18501 of 2015 (Durga Prosad Bhattacharya & Ors.) were referred to the One Man Committee for valuation of the assets, both movable and immovable, seized and identified by SEBI and other statutory agencies; the Committee is to file its report before the Court on completion of the exercise, and the matters were directed to appear again in the Monthly List of June, 2026.

15 to 19 SM 12.05.2026

WPA 13162 of 2015 With CAN 1 of 2017 (Old CAN No.613 of 2017) With CAN 2 of 2023 With CAN 3 of 2026 With CAN 4 of 2026

Rumpa Biswas & Ors. Vs. Union of India and Ors.

With WPA 15888 of 2016

Kalachand Naskar & Ors. Vs. Union of India and Ors.

With WPA 18501 of 2015

Durga Prosad Bhattacharya & Ors. Vs. Union of India and Ors.

With WPA 29775 of 2014

Anukul Ranjan Sarkar & Ors. Vs. State of West Bengal and Ors.

With WPA 5870 of 2025

Jharna Nandi & Ors. Vs. Union of India and Ors.

Mr. Subhasis Chakraborty Mr. Arindam Das Ms. Sushmita Kumari Singh

… … for the petitioners in Item Nos. 15 & 17

Mr. Neguive Ahmed

… … for the One Man Committee Mr. Yubaraj Bhattacharyya

… … for the respondent no.3 in Item No.19 Mr. Prasanta Kumar Dutt Mr. Susanta Kumar Dutt

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Mr. Syamantak Banerjee

… … for the SEBI in Item Nos. 15, 16 & 18 Mr. Aniruddha Bagchi Mr. Pradip Kumar Kundu

… … for the Union of India in Item No.19

In re: WPA 15888 of 2016

No one appears on behalf of the petitioners when the

matter is called on for hearing.

No accommodation is sought for.

Accordingly, WPA 15888 of 2016 is dismissed for

default.

Interim order, if any, shall stand vacated.

All parties shall act on the server copy of this order

duly downloaded from the official website of this Court.

In re: WPA 29775 of 2014

No one appears on behalf of the petitioners when the

matter is called on for hearing.

No accommodation is sought for.

Accordingly, WPA 29775 of 2014 is dismissed for default.

Interim order, if any, shall stand vacated.

All parties shall act on the server copy of this order duly downloaded from the official website of this Court.

In re: WPA 5870 of 2025

No one appears on behalf of the petitioners when the matter is called on for hearing.

No accommodation is sought for.

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Accordingly, WPA 5870 of 2025 is dismissed for default.

Interim order, if any, shall stand vacated.

All parties shall act on the server copy of this order duly downloaded from the official website of this Court.

In re: WPA 13162 of 2015 With

WPA 18501 of 2015

Let the above matters be referred to the One Man Committee for valuation of the assets, both movable and immovable which has been seized and identified by the SEBI and other statutory agencies.

After completion of such exercise, report may be filed before this Court by the One Man Committee.

Let this matter again appear in the Monthly list of June, 2026.

(Chaitali Chatterjee (Das), J) (Rajarshi Bharadwaj, J.)