Petitioner sought directions to SEBI to investigate illegality in an IPO launch by My Mudra Fincorp Ltd. The petition was dismissed as non-maintainable where no complaint was filed, statutory remedies not availed, and no party present.
No directions to investigate were granted.
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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KAMAL GAUR .....Petitioner
Through: None
versus
SECURITIES AND EXCHANGE BOARD OF INDIA & ORS.
.....Respondents
Through: Ms. Udita Singh, Advocate for R-1 Mr. Asheesh Jain, CGSC with Ms. Pooja Bhardwaj, Advocate and Mr. Hussain Taqvi, GP for UOI Mr. Zoheb Hossain, Mr. Vivek Gurnani, Mr. Pranjal Tripathi and Mr. Azeez Mushtaq, Advocates for NFRA/R-4
CORAM: HON'BLE THE ACTING CHIEF JUSTICE HON'BLE MR. JUSTICE TUSHAR RAO GEDELA
O R D E R % 23.09.2024
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 30/09/2024 at 12:55:09
statutory remedies which he has not availed before approaching this Court. Learned counsel for respondents-SEBI emphasizes that no complaint has been filed with regard to the IPO till date.
ACTING CHIEF JUSTICE
TUSHAR RAO GEDELA, J
SEPTEMBER 23, 2024 ns
This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 30/09/2024 at 12:55:09
Kamal Gaur
Securities and Exchange Board of India
My Mudra Fincorp Ltd.
Tushar Rao Gedela
As recorded by the court registry
A petition under Article 226 of the Constitution asking a High Court to issue a writ against the State or a public authority in a civil matter.
Judgements on the same questions, provisions and authorities, from every court
