Oriental Trimex Secures Stay, Notice vs SEBI

Authority: Supreme Court of India

Order Date: 25-08-2026

Case Overview

• Parties: Oriental Trimex Limited & Others (Appellants) versus Securities and Exchange Board of India (Respondent).
• Civil Appeal No(s).11196/2026 filed for admission, including IA No. 252711/2026 (exemption from filing O.T.) and IA No. 252709/2026 (stay application).
• Hearing conducted on 25 August 2026 before a bench comprising Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran.
• Counsel for appellants: Mr. Siddhartha Dave (Senior Advocate), Mr. Yasharth Kant (Advocate on Record), Mr. Abhinav Sharma (Advocate), Ms. Arundati Mukherjee (Advocate). No counsel listed for respondent.

Final Outcome

• The Court ordered that a notice be issued, which must be returned by 22 September 2026.
• Dasti service (personal service) is additionally permitted for the notice.
• The Court directed that, pending further proceedings, no coercive steps be taken against the appellants.
• The order was recorded by Court Masters Harpreet Kaur (SH) and Pooja Sharma (NSH).

Topics: Regulatory Enforcement, Court Order