Authority: Supreme Court of India

Order Date: 28-07-2026

Case Overview

  • Civil Appeal No. 7038/2025 filed by BSE Ltd (appellant) against Spice Energy Pvt. Ltd and another respondent.
  • The appeal involves the Securities and Exchange Board of India (SEBI) as respondent No.2.
  • The matter was previously adjourned on 12‑05‑2026 with an order that it retain its position on the next listing date.
  • On the present hearing, the case was placed as a supplementary list item at serial No. 173, thereby losing its retained position.
  • SEBI counsel indicated a requirement of two weeks to file a counter‑affidavit; any rejoinder may be filed within one week thereafter.

Final Outcome

  • The Court ordered the matter to be re‑listed for hearing on 08‑09‑2026.
  • The case shall retain the position as per the earlier order dated 12‑05‑2026.
  • SEBI is to file its counter‑affidavit within two weeks of the order, with any rejoinder due within one week thereafter.

Topics: Procedural Adjournment, Capital Markets Litigation