Authority: Supreme Court of India
Order Date: 08 August 2026
Case Overview
- Appellant: Securities and Exchange Board of India (SEBI); Respondent: Sukhraj Kaur Rajbans.
- Civil Appeal Nos. 4335‑4338/2026 filed before the Supreme Court; hearing held on 07‑08‑2026 before Justices Sanjay Kumar and Sanjeev Sachdeva.
- The respondent sought permission to file additional documents/facts and a stay; counsel submitted a letter requesting adjournment to file a counter‑affidavit/reply.
- The Court also entertained IA No. 151628/2026 seeking correction of the interim order dated 30‑04‑2026, specifically to replace the term “High Court” with “Securities Appellate Tribunal”.
Final Outcome
- Adjournment granted; respondent must file the counter‑affidavit within four weeks from the order date, and any rejoinder within two weeks thereafter.
- The correction order replaces “High Court” with “Securities Appellate Tribunal” in the 30‑04‑2026 interim order, which continues to operate until the next hearing.
- The matter is re‑listed for hearing on 16‑10‑2026.
Topics: Securities Regulation, Court Proceedings