Authority: Court (Justice Krishna Rao)

Order Date: 27 July 2026

Case Overview

  • Petitioner: Raghav Das Mundhra filed WPA 16013 of 2026 challenging SEBI and other respondents.
  • Respondents: Securities and Exchange Board of India and others.
  • Counsel for petitioner (Ms. Jaita Ghosh) argued a technical error in the writ application and sought withdrawal with liberty to re‑file.
  • Counsel for respondents (Mr. Yubaraj Bhattacharyya and Mr. Debtanay Banerjee) were present.
  • The court considered the petitioner's submission regarding the technical defect.

Final Outcome

  • The writ petition WPA 16013 of 2026 is dismissed as withdrawn.
  • The petitioner is granted liberty to file a fresh writ on the same cause of action.

Topics: Regulatory Litigation, Securities Law