Research › Search › Judgment

Madras High Court · body

2025 DAILYLAW 43235 (MAD)

K.Ramamurthy v. The Securities Exchange Board

WMP/12457/2019 · 2025-07-10

K Surender, R Subramanian

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

WMP No. 12457 of 2019 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 10-07-2025 CORAM THE HONOURABLE MR JUSTICE R. SUBRAMANIAN AND THE HONOURABLE MR.JUSTICE K. SURENDER WMP No. 12457 of 2019 IN WP NO. 8084 OF 2019 K.Ramamurthy S/o.M.Krishnamurthy, No.13/17 South Boag Road, T. Nagar, Chennai AND 20 OTHERS Petitioner(s) Vs The Securities Exchange Board of India, Southern Regional Office at Overseas Towers, 7th Floor, No.756-L, Anna Salai, Chennai-2 AND 11 OTHERS Respondent(s) For Petitioner(s): Shyamala R.T. G.Mohammed Abdullah For Respondent: Mr.C.Prasanna Venkatesh for R1 Mr.P.Kumaresan, AAG assisted by Mr.R.Muniyapparaj https://www.mhc.tn.gov.in/judis WMP No. 12457 of 2019 Additional Public Prosecutor for R3 Mrs.Chitra Sampath, Senior Counsel for Mr.S.Dhaskhina Moorthy for R4 Mr.M.S.Krishnan, Senior Counsel Mr.C.Manishankar, Senior Counsel for Mr.B.Dinesh and Mr.K.Vijayakumar - Administrator Committee ORDER (Order of the Court was made by R.Subramanian J.) The prayer in this petition reads as follows:- "to stay all further proceedings of the sale announced by the Administrator Committee of M/s.Disc Assets Lead India Limited as announced on 05.04.2019 scheduled to be held on 24.04.2019 at 4.00 pm, pending disposal of the above writ petition." 2. Since the sales have already taken place, this petition has become infructuous. This petition is therefore, dismissed. (R.S.M., J.) (K.S., J.) 10-07-2025 kkn Index:No Non-speaking order Internet:Yes Neutral Citation:No https://www.mhc.tn.gov.in/judis WMP No. 12457 of 2019 To 1.The Securities Exchange Board of India, Southern Regional Office at Overseas Towers, 7th Floor, No.756-L, Anna Salai, Chennai-2 2.The Inspector General of Registration, No.100, Santhome High Road, Pattinapakkam, Chennai-28 3.The Inspector of Police E.O.W.II Viswanathapuram, Madurai 625 104 4.Disc Assets Lead India Ltd., rep. by its Managing Director Mr.V.Janarthanan, reg. Office at Old D.No.59/1 (New No.119) Canal Bank Road, CIT Nagar, Chennai-35 5.M/s.M.V.T.Anthonasami(m/46) The Secretary, Disc Asset Lead India Ltd, Investors Welfare Association, No.1-64-1, Main Road, Viswanathapuram, Shencottai, Tirunelveli District. 6.M/s.V.Janardhanan, S/o.A.Vivekanandham, No.19, Nesavalar Colon, 2nd Street, Krishnapuram Colony, Madurai. 7.M/s.N.Arun, S/o.D.Nithyanandham, D-3, Seethe https://www.mhc.tn.gov.in/judis WMP No. 12457 of 2019 Apartment, Old Nandham Road, Madurai. 8.M/s.C.Srinivasan, S/o.Cidhambaram, No.13, Avvaiyaar Street, Narimedu, Madurai. 9.M/s.M.N.Umashanker, S/o.Nithyanandham, C-3, Seetha Apartment, 2a, Old Natham Road, B.B.Kulam, Madurai-625 002. 10.M/s.S.Jeevalatha, 2/1039, Prararthana, Manoranjitham Street, Ezhil Nagar, Iyar Bungalow, Madurai-14. 11.M/s.T.Shyam Chander 20 F, Gokhalae Road, Chinnachokkikulam, Madurai https://www.mhc.tn.gov.in/judis WMP No. 12457 of 2019 R.SUBRAMANIAN J. AND K.SURENDER J. KKN WMP No. 12457 of 2019 IN WP NO. 8084 OF 2019 10-07-2025 https://www.mhc.tn.gov.in/judis