Abans Enterprises Wins SLP Leave Against SEBI

Authority: Supreme Court of India

Order Date: 13-08-2026

Case Overview

• Parties: Abans Enterprises Limited (petitioner) vs Securities and Exchange Board of India (respondent).
• Origin: Petition for Special Leave to Appeal (C) No.247/2025 arising from the Bombay High Court’s final judgment and order dated 11‑Nov‑2024 in WP No.4457/2024.
• Hearing: Conducted on 13‑Aug‑2026 before a two‑judge bench comprising Justice Ujjal Bhuyan and Justice Atul S. Chandurkar.
• Counsel: Senior counsel Prakash Shah for the petitioner; Senior counsel Navin Pahwa for the respondent, along with a team of advocates.

Court Observations & Directions

• The Court granted special leave to appeal.
• Arguments were concluded; the judgment was reserved.
• The parties may file written submissions not exceeding three pages within seven days of the order.

Final Outcome

• Special leave to appeal is granted; the matter will proceed pending the Court’s reserved judgment and any written submissions filed.

Topics: Special Leave Petition, SEBI Enforcement