M.ASHOK MOOTHA v. SECURITIES AND EXCHANGE BOARD OF INDIA
WMP/41693/2025 · 2025-10-28
M Dhandapani
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 173396 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 173396 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
WMP NO. 41693 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 28-10-2025 CORAM THE HONOURABLE MR JUSTICE M.DHANDAPANI WMP NO. 41693 of 2025 IN WP No.36429 of 2025 M.Ashok Mootha Flat No.2, Aashirwadh Apartments, T. Nagar, Chennai-600 017 Petitioner(s) Vs Securities And Exchange Board Of India Plot No.C4-a, G Block, Bandra-kurla Complex, Bandra (e) Mumbai-400 051. and another Respondent(s) For Petitioner(s): Mr.Akshon K For Respondent(s): M/s.C.Prasanna Venkatesh For R1 Mr.P.Giridharan for R2 ORDER This petition has been filed seeking to stay any form of coercive action in respect of Recovery Certificate No.8859 of 2025 dated 12.08.2025 issued by the first respondent SEBI. 2.On 07.10.2025, this Court granted an order of interim stay on condition to deposit 50% of the impugned amount before the first respondent within a period of two weeks from the date of receipt of a copy of the order and directed the Registry to list the matter on 28.10.2025. 3.Today, when the matter is taken up, it is represented that the conditional amount has not been deposited by the petitioner. 4.Hence, for non compliance of the order dated 07.10.2025, this miscellaneous petition is dismissed. https://www.mhc.tn.gov.in/judis
5.Registry is directed to list the writ petition after filing of counter affidavit. 28-10-2025 To
1. Securities And Exchange Board Of India Plot No.C4-a, G Block, Bandra-kurla Complex, Bandra (e) Mumbai-400
051.
2. National Stock Exchange Of India Limited Plot No.C4-a, G Block, Bandra-kurla Complex, Bandra (e) Mumbai-400 051. pri https://www.mhc.tn.gov.in/judis