SUDHAKAR PANDA v. SECURITIES AND EXCHANGE BOARD OF INDIA AND ORS.
WPA/20207/2025 · 2026-07-02
Rajarshi Bharadwaj, Uday Kumar
body2026
DailyLaw.ai
[ 2026 DAILYLAW 26704 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 26704 (CAL) · dailylaw.ai ]
Judgment text
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1 to 3 ss 02.07.2026 WPA 16534 of 2013 With CAN 3 of 2014 (Old CAN No.4698 of 2014) With CAN 65 of 2026 With CAN 69 of 2026 Tower Infotech Limited & Anr. Vs. Union of India and Ors. With WPA 20207 of 2025 Sudhakar Panda Vs. Securities and Exchange Board of India & Ors. With WPA 27731 of 2025 Soumen Pramanik Vs. The Chairman, One Man Committee & Ors. Mr. Subhasis Chakraborty Mr. Arindam Das Ms. S.K. Kumari … … for the petitioners in item No.1 Mr. Chandana Chakraborty … … for the petitioner in item No.2 Mr. Subhabrata Datta Mr. Debashis Sarkar … … for the applicant in CAN 3 of 2014 Mr. S.S. Koley … … for the applicant in CAN 69 of 2026 Mr. Ranajay Chatterjee Ms. Sumita Sarkar Ms. Anamika Pandey … … for the Union of India in item No.1 Mr. Prasanta Kumar Dutt Mr. S.K. Dutt Mr. S. Banerjee … … for the SEBI in item Nos.1 & 2 Mr. Aasia Hasan Ms. Ramayani Bhattacharya … … for the SEBI in item No.3 Mr. Neguive Ahmed … … for the One Man Committee In Re. : WPA 16534 of 2013
Report filed by the One Man Committee is taken on record. Let the report be circulated upon all the necessary parties. Report filed by the Registrar, Original Side be kept with the record. From the report it is seen that on 12th June, 2018 Their Lordships the Hon’ble Justice Aniruddha Bose and the Hon’ble Justice Joymalya Bagchi had directed the Registrar, Original Side to transfer an amount of Rs.1,38,58,686/- (Rupees One Crore Thirty Eight Lakh Fifty Eight Thousand Six Hundred and Eighty Six only) along with interest generated therefrom by making such fixed deposit of the said sum to the One Man Committee in respect of Tower Infotech Limited. The Registrar, Original Side is requested to transfer of that amount of Rs.1,38,58,686/- (Rupees One Crore Thirty Eight Lakh Fifty Eight Thousand Six Hundred and Eighty Six only) along with interest generated therefrom to the One Man Committee at an earliest and file report on the next date of hearing. Let this matter again appear in the list on 30th July,
2026. In Re. : WPA 20207 of 2025
Learned counsel appearing for the petitioner prays leave to withdraw this application. Leave is granted. Let the writ petition be dismissed as withdrawn. 2
Instruction in the form of the letter given to the
learned counsel by the petitioner and filed in Court today is taken on record. (Uday Kumar, J.) (Rajarshi Bharadwaj, J.) 3