Authority: Supreme Court of India
Order Date: 29-07-2026
Case Overview
- Petitioners: ABANS ENTERPRISES LIMITED & Anr.
- Respondent: Securities and Exchange Board of India (SEBI).
- Origin: Petition for Special Leave to Appeal (C) No.247/2025 arising from the impugned final judgment and order dated 11-11-2024 in WP No. 4457/2024 passed by the High Court of Judicature at Bombay.
- Interim Application No. IA 20237/2025 sought permission to file additional documents, facts, and annexures.
- Counsel for petitioners: Senior Advocates Mr. Prakash Shah, Mr. Mohit Paul, and a team of junior advocates.
- Counsel for respondent: Mr. Navin Pahwa, Senior Advocate, assisted by Mr. Abhishek Singh and the law firm K Ashar & Co.
- Bench: Hon'ble Mr. Justice Ujjal Bhuyan and Hon'ble Mr. Justice Atul S. Chandurkar.
Final Outcome
- The Court issued an order on 29-07-2026 directing that the matter be listed for further hearing on 06-08-2026.
- No substantive merits of the appeal were decided; the order is procedural, allowing the parties to continue preparations for the next hearing.
Topics: Appeal Procedure, Securities Regulation