Ashoka Marketing Limited SHARDUL AMARCHAND MANGALDAS AND CO vs Securities and Exchange Board of India Advocate - Ashar — HCBM20392472025

Case under Securities & Exchange Board of India Act Section 15JB. Next hearing: 26th February 2026.

CNR: HCBM020392472025

Next Hearing

26th February 2026

e-Filing Number

01-12-2025

Filing Number

WP/39246/2025

Filing Date

04-12-2025

Judge

HON'BLE SHRI JUSTICE R. I. CHAGLA , HON'BLE JUSTICE ADVAIT M. SETHNA

Coram

HON'BLE SHRI JUSTICE R. I. CHAGLA , HON'BLE JUSTICE ADVAIT M. SETHNA

Bench Type

Division

Category

MERCANTILE LAWS COMMERCIAL TRANSACTIONS , BANKS ( 28 )

Sub-Category

SEBI Matters ( 101 )

Judicial Branch

Original

Acts & Sections

Securities & Exchange Board of India Act Section 15JB

Petitioner(s)

Ashoka Marketing Limited SHARDUL AMARCHAND MANGALDAS AND CO

Arth Udyog Limited

Adv. SHARDUL AMARCHAND MANGALDAS AND CO

Respondent(s)

Securities and Exchange Board of India Advocate - Ashar

Bharat Nidhi Limited

Matrix Merchandise Limited

Mahavir Finance Limited

TM Investments Limited

Sanmati Properties Limited

Vineet Jain

Hearing History

Judge: HON'BLE SHRI JUSTICE R. I. CHAGLA , HON'BLE JUSTICE ADVAIT M. SETHNA

14-01-2026

FOR ADMISSION

11-02-2026

AT 1.00 P.M.

18-02-2026

AT 3.00 P.M.

24-02-2026

AT 3.00 P.M.

26-02-2026

AT 3.00 P.M.

Orders

15-04-2026
HON'BLE SHRI JUSTICE R. I. CHAGLA,HON'BLE JUSTICE ADVAIT M. SETHNA

Summary The Bombay High Court granted an extension of time to three petitioners (Bharat Nidhi Limited, Ashoka Marketing Limited, and Matrix Merchandise Limited) in their writ petitions against SEBI. The petitioners were originally directed to carry out amendments within three weeks from March 25, 2026, and were granted an additional two weeks from April 15, 2026, to comply with this order. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary The Bombay High Court granted an extension of time to three petitioners (Bharat Nidhi Limited, Ashoka Marketing Limited, and Matrix Merchandise Limited) in their writ petitions against SEBI. The petitioners were originally directed to carry out amendments within three weeks from March 25, 2026, and were granted an additional two weeks from April 15, 2026, to comply with this order. This case analysis is maintained by casestatus.in based on publicly available court records.

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