Authority: Supreme Court of India

Order Date: 06-08-2026

Case Overview

  • Parties: Reserve Bank of India (Petitioner) versus AUM Capital Market Pvt. Ltd. & Ors. (Respondents).
  • Origin: Special Leave Petition (Civil) arising out of impugned final judgments and orders dated 26‑April‑2024 in numerous writ petitions (WP Nos. 17521/2020, 17958/2020, 19162/2020, 19177/2020, 19360/2020, 19367/2020, 19438/2020, 19460/2020, 19463/2020, 19761/2020, 19764/2020, 19930/2020, 638/2021, 776/2021, 1310/2021, 1314/2021, 1332/2021, 1379/2021, 1387/2021, 1391/2021, 2573/2021, 7388/2021, 7391/2021, 18999/2021, 19003/2021, 19006/2021, 9501/2022, 9801/2022, 9940/2022, 14557/2022, 14558/2022, 14566/2022, 14576/2022, 14581/2022, 14589/2022, 18154/2022, 18156/2022, 24502/2022, 847/2023, 5766/2023, 16768/2023, 18323/2023, 29896/2023, 4182/2024, WPMD No. 18857/2020, WMP No. 2191/2021, WMP No. 10293/2021, WMP No. 17026/2022) passed by the High Court of Judicature at Madras.
  • Counsel: For the petitioner – Hasan Murtaza, AOR; Navneet R., AOR. For the respondents – E. C. Agrawala, AOR; Malvika Kapila, AOR; Ankur Kashyap, AOR; S. S. Shroff, AOR; Vrinda Bhandari, AOR; Navneet R., AOR; Gurmeet Singh Makker, AOR; Hasan Murtaza, AOR; Amrita Kumari, AOR; Sidharth Sethi, AOR; Raj Bahadur Yadav, AOR; R. Venkat Prabhat, AOR; S. Rajappa, AOR; Pulkit Tare, AOR; Respondent‑in‑person Surya Prakash, AOR; Amrita Singh, AOR; Neha Mehta Satija, AOR; Niti Richhariya, AOR; Brijesh Kumar Tamber, AOR; A. Venayagam Balan, AOR; Prabeek Gupta, AOR; Adv. Rachna Dubey, Adv.
  • Bench: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran heard the matter.
  • Procedural Posture: The Court, after hearing counsel, issued an order to list SLP(C) No.25749/2024 for hearing in the following week; no merits were addressed.

Final Outcome

The petition was not disposed on its substantive issues; the case was simply scheduled for further hearing next week.

Topics: Regulatory Review, Banking Regulation