Authority: High Court of Judicature at Bombay (Criminal Appellate Jurisdiction)
Order Date: 2nd July, 2026
Case Overview
The Bombay High Court heard multiple connected writ petitions (No.1561 of 2021, No.1489 of 2021, and No.1344 of 2021) filed by petitioners Subhash Bhimrao Bhopi & Anr. against respondents including Union of India, Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and BSE. The petitions were criminal appellate jurisdiction matters. During the proceedings, the petitioners' counsel Mr. Prakash Shah informed the court that SEBI had already decided the complaint filed by the petitioners, making their current grievance non-surviving.
Final Outcome
The petitioners sought unconditional withdrawal of all petitions. The bench comprising Justices A.S. Gadkari and Kamal Khata granted leave to withdraw and disposed of all writ petitions as withdrawn. Consequently, Interim Application No.4309 of 2024 and Interim Application (ST) No.13698 of 2025 were also disposed of in light of the main petitions' dismissal.
Topics: SEBI Complaint Resolution, Court Withdrawal, Regulatory Matter