SECURITIES AND EXCHANGE BOARD OF INDIA USHAJEE PERI vs MAHARASHTRA AGRITECH LTD. — IA/406/2020

Case under Criminal Procedure Code (Cr.pc). Disposed: Contested--Allowed on 07th May 2026.

Case disposed Next hearing 19-Jul-2021

CNR: HCBM010130602020

Filing Number

IA/406/2020

Filing Date

27-Jan-2020

Registration No

IA/406/2020

Registration Date

27-Jan-2020

Judge

Hon'ble Shri Justice M. M. Sathaye

Coram

Hon'ble Shri Justice M. M. Sathaye

Bench Type

Single

Judicial Branch

Criminal

Decision Date

07-May-2026

Nature of Disposal

Contested--Allowed

Last updated 27-May-2026

Acts & Sections

Criminal Procedure Code (Cr.pc)

Petitioner(s)

  1. 1.SECURITIES AND EXCHANGE BOARD OF INDIA USHAJEE PERI

Respondent(s)

  1. 1.MAHARASHTRA AGRITECH LTD.

  2. 2.DR. MADHUKAR ATMARAM PATIL -DIRECTOR OF R.NO

  3. 3.SMT. SHOBHANA M PATIL,

Case History

  1. Case disposedDisposed

  2. 07-May-2026

    Hon'ble Shri Justice M. M. SathayeView PDF

    The Bombay High Court allowed SEBI's interim application seeking condonation of delay in filing an appeal against an acquittal order. The court held that SEBI officers qualify as public servants under Section 22 of the SEBI Act, making the 6-month limitation period under Section 378(5) CrPC applicable rather than the standard period, and found the appeal was filed within this extended timeline, thus no delay condonation was necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 07-May-2026

    -Admission

    Hon'ble Shri Justice M. M. Sathaye

  4. 30-Apr-2026

    Hon'ble Shri Justice M. M. SathayeView PDF

  5. 30-Apr-2026

    -Admission

    Hon'ble Shri Justice M. M. Sathaye

  6. 17-Apr-2026

    Hon'ble Shri Justice M. M. SathayeView PDF

  7. 17-Apr-2026

    -Admission

    Hon'ble Ms. Justice Gauri Godse

  8. 07-Mar-2026

    Hon'ble Ms. Justice Gauri GodseView PDF

  9. 10-Feb-2026

    -Admission

    Hon'ble Ms Justice Aarti A. Sathe

  10. 19-Jul-2021

    First hearing

    Initial hearing scheduled

  11. 27-Jan-2020

    Case filed

    Registration No. IA/406/2020

casestatus.in Summary

The Bombay High Court allowed SEBI's interim application seeking condonation of delay in filing an appeal against an acquittal order. The court held that SEBI officers qualify as public servants under Section 22 of the SEBI Act, making the 6-month limitation period under Section 378(5) CrPC applicable rather than the standard period, and found the appeal was filed within this extended timeline, thus no delay condonation was necessary. This case analysis is maintained by casestatus.in based on publicly available court records.

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