MCX Bombay High Court Writ Dismissed with ₹5 Lakh Cost

Key Event Details

• The Hon'ble Bombay High Court uploaded an Order on July 04, 2026, in Criminal Writ No. 3926/2017.
• The Court dismissed the criminal writ petition filed by the company in 2017.
• The Court imposed a cost of ₹5,00,000 (Five Lakh Rupees) to be paid to the Bar Council of Maharashtra and Goa's Advocate Academy and Research Centres.
• The order was passed on June 29, 2026, and uploaded on July 04, 2026.

Background Context

The writ petition was filed by the company following an audit conducted pursuant to erstwhile regulatory directions. This audit covered the company's operations from 2003 to 2013 and made certain findings with respect to dealings with vendors. The criminal writ sought registration of FIRs and investigations by police and the Economic Offences Wing (EOW) against the entities and individuals involved in these findings.

Financial Impact

• The company states that it does not expect any financial implication except to the extent of the ₹5 lakh cost.
• The disclosure explicitly notes that no violation per se was alleged against the company in this matter.

Future Action

The company indicates that it may challenge the order.