K Srinivas Reddy v. Security Exchange Board of India
Case brief
What is this about?
Karnataka High Court, Bengaluru; WP No. 33055 of 2025 (GM-RES); Suraj Govindaraj J.; decision 06.11.2025. Subject: challenge to Notification No. JRMLC/KARN/BENURB_1 dated 18/09/2025 issued by Hon'ble Justice R.M Lodha (Retd.) Committee (Respondent No.2); SEBI (Respondent No.1); Stockholding Document Management Services Limited (Respondent No.3); Prateek Kumar (Respondent No.4); grievance that petitioner's share property was proposed for auction despite no sale to Respondent No.4. Relief sought: certiorari under Articles 226 and 227. Outcome: petition permitted to be withdrawn and disposed of with liberty reserved to place all claims before the Committee; no merits adjudication; pending applications disposed. Useful for: withdrawal with liberty, committee-auction title objections, SEBI/Lodha Committee proceedings.
What did the court decide?
Permission to withdraw the writ petition, with liberty reserved to the petitioner to place all claims before Respondent No.2 Committee (Hon'ble Justice R.M Lodha Committee (Retd.)); pending applications disposed as not surviving.