Authority: Supreme Court of India

Order Date: 15-10-2026

Case Overview

  • Parties: Appellant – Securities and Exchange Board of India (SEBI); Respondent – National Stock Exchange of India Limited (NSE).
  • Proceedings: Civil Appeal Nos. 6471‑6478/2023 filed by SEBI against NSE. The matter includes a series of Interim Applications (IA) spanning 2023‑2026, covering stay applications, exemptions from filing copies of impugned judgments, and permissions to file additional documents, facts, and annexures.
  • List of Interim Applications cited:
  • IA No. 250915/2026 – Appropriate Orders/Directions
  • IA No. 172551/2024 – Clarification/Direction
  • IA No. 256809/2026 – Early Hearing Application
  • IA No. 204548/2023 – Ex-Parte Stay
  • IA No. 204549/2023 – Exemption from filing copy of the impugned judgment
  • IA No. 246476/2026 – Permission to file additional documents/facts/annexures
  • IA No. 213433/2023 – Permission to file additional documents/facts/annexures with C.A. No. 6570/2023 (XVII) for stay application on IA 208686/2023
  • IA No. 208686/2023 – Stay Application C.A. No. 2197/2024 (XVII) for ex-parte stay on IA 38365/2024
  • IA No. 38365/2024 – Ex-Parte Stay C.A. No. 4273‑4286/2024 (XVII) for exemption from filing copy of the impugned judgment on IA 68376/2024 for stay application on IA 68382/2024 for permission to file additional documents/facts/annexures on IA 69345/2024
  • IA No. 68376/2024 – Exemption from filing copy of the impugned judgment
  • IA No. 69345/2024 – Permission to file additional documents/facts/annexures
  • IA No. 68382/2024 – Stay Application C.A. No. 10279/2024 (XVII) for exemption from filing copy of the impugned judgment on IA 176682/2024 for stay application on IA 176685/2024 for permission to file additional documents/facts/annexures on IA 195941/2024
  • IA No. 176682/2024 – Exemption from filing copy of the impugned judgment
  • IA No. 195941/2024 – Permission to file additional documents/facts/annexures
  • IA No. 176685/2024 – Stay Application C.A. No. 4430/2025 (XVII) C.A. No. 4431/2025 (XVII)
  • IA No. 52737/2025 – Exemption from filing copy of the impugned judgment
  • Counsel: Extensive list of counsel for both parties, including senior advocates and advocates on record from multiple law firms.

Final Outcome

  • The Court, after hearing counsel, issued an order directing that the matters listed above be scheduled for hearing in the month of December 2026. No substantive merits of the appeal or the interim applications were decided in this order.

Topics: Regulatory Proceedings, Securities Market