Supreme Court Condones Khelo MCX Delay, Rs5L

Supreme Court allowed appeal of Khelo MCX Research Services against SEBI, setting aside SAT order dated 16 Sep 2025.
Court condoned filing delay on payment of Rs 5,00,000 to SEBI Investor Protection and Education Fund within three weeks.
Appeal restored to original number for merits; Supreme Court did not examine case substance, leaving it to SAT.
Hearing noted appellant's personal hardships—sister’s marriage, father’s health, Covid‑19 impact, address change—yet court deemed delay condonable.