Authority: Supreme Court of India

Order Date: 18-06-2026

Case Overview

  • Parties: Appellant – Securities and Exchange Board of India (SEBI); Respondents – I Ahmad and others.
  • Nature: Civil appeal No.8427/2026 filed by SEBI challenging matters against the respondents; hearing conducted on 18 June 2026 before a bench of the Supreme Court.
  • Counsel: For SEBI – Mr. Shreyash Kumar, Advocate, K J John & Co (AOR). For respondents – Mr. Aniruddha Joshi, Senior Advocate; Ms. S. Lakshmi Iyer, AOR; Ms. Sakshi Jain, Advocate.
  • Procedural background: The appeal was listed and called for hearing on the stated date.

Final Outcome

  • The Court ordered that a notice be issued and be returnable by 13 July 2026.
  • Ms. S. Lakshmi Iyer, as AOR, accepted the notice on behalf of respondents numbered 1, 2, 3 and 5.
  • The respondents may file a counter‑affidavit, if any, before the stipulated return date.
  • The matter is to be tagged with Civil Appeal No.8046/2026 for record‑keeping.

Topics: Securities Regulation, Court Proceedings