Authority: Supreme Court of India

Order Date: 14-07-2026

Case Overview

  • Parties: Appellant – Securities and Exchange Board of India (SEBI); Respondent – Vishvapradhan Commercial Pvt. Ltd.
  • Nature of Proceedings: Civil appeals (Civil Appeal No. 7312/2022) with multiple interlocutory applications (IA) concerning exemption from filing copies of impugned judgments, stay applications, and permission to file additional documents/facts/annexures.
  • Interlocutory Applications Listed:
  • IA No. 155389/2022 – exemption from filing copy of impugned judgment
  • IA No. 167070/2022 – permission to file additional documents/facts/annexures
  • IA No. 155386/2022 – stay application
  • IA No. 151978/2022, IA No. 151979/2022 – exemption and stay applications (C.A. No. 7135/2022)
  • IA No. 149549/2022, IA No. 149551/2022 – exemption and stay applications (C.A. No. 7067/2022)
  • IA No. 145921/2022, IA No. 145922/2022 – exemption and stay applications (C.A. No. 6975/2022)
  • IA No. 158507/2022, IA No. 158509/2022 – exemption and stay application (C.A. No. 7617/2022)
  • IA No. 156893/2022, IA No. 156894/2022 – exemption and stay application (C.A. No. 7335-7341/2022)
  • IA No. 167084/2022, IA No. 169070/2022 – permission to file additional documents/facts/annexures
  • Bench: Hon'ble Mr. Justice Pamidighantam and Hon'ble Mr. Justice Alok Aradhe.
  • Counsel for Appellant: Mr. Amarjit Singh Bedi, Ms. Surekha Raman, Mr. Shreyash Kumar, Mr. Sidharth Nair, Mr. Harshit Singh, Mr. Yashwant Sanjenbam, K J John & Co, AOR Ms. Suman Yadav, Ms. Nikhita Suri, Mr. Gurudas Khurana, Ms. B. Vijayalakshmi Menon.
  • Counsel for Respondent: Ms. Suman Yadav, Ms. Nikhita Suri, Mr. Gurudas Khurana, Ms. B. Vijayalakshmi Menon, Mr. Aakash Bajaj, Mr. Rahul Dutt, Mr. Avirat Kumar, Ms. Prerona Banerjee, Khaitan & Co., Mr. Amarjit Singh Bedi, Ms. Surekha Raman, Mr. Shreyash Kumar, Mr. Sidharth Nair, K J John & Co.

Final Outcome

  • The Supreme Court admitted the civil appeals filed by SEBI against Vishvapradhan Commercial Pvt. Ltd.
  • No substantive orders were issued on the interlocutory applications; the matters were listed for further hearing.

Topics: Regulatory Litigation, Capital Markets