Matrix Merchandise Limited SHARDUL AMARCHAND MANGALDAS AND CO vs Securities and Exchange Board of India Advocate - Ashar — HCBM20393552025
Case under Constitution of India Section 226. Next hearing: 26th February 2026.
CNR: HCBM020393552025
Next Hearing
26th February 2026
e-Filing Number
03-12-2025
Filing Number
WP/39354/2025
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
Petitioner(s)
Matrix Merchandise Limited SHARDUL AMARCHAND MANGALDAS AND CO
Mahavir Finance Limited
Adv. SHARDUL AMARCHAND MANGALDAS AND CO
TM Investments Limited
Adv. SHARDUL AMARCHAND MANGALDAS AND CO
Sanmati Properties Limited
Adv. SHARDUL AMARCHAND MANGALDAS AND CO
Vineet Jain
Adv. SHARDUL AMARCHAND MANGALDAS AND CO
Respondent(s)
Securities and Exchange Board of India Advocate - Ashar
Bharat Nidhi Limited
Ashoka Marketing Limited
Arth Udyog Limited
Hearing History
Judge: HON'BLE SHRI JUSTICE R. I. CHAGLA , HON'BLE JUSTICE ADVAIT M. SETHNA
FOR ADMISSION
AT 1.00 P.M.
AT 3.00 P.M.
AT 3.00 P.M.
AT 3.00 P.M.
| Date | Purpose |
|---|---|
| 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
Summary: The Bombay High Court granted an extension of time to the petitioners (Bharat Nidhi Limited, Ashoka Marketing Limited, and Matrix Merchandise Limited) in their writ petitions against SEBI. The petitioners, who were originally directed to complete amendments within three weeks of the March 25, 2026 order, were granted an additional two weeks from April 15, 2026 to comply with the amendment directive. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary: The Bombay High Court granted an extension of time to the petitioners (Bharat Nidhi Limited, Ashoka Marketing Limited, and Matrix Merchandise Limited) in their writ petitions against SEBI. The petitioners, who were originally directed to complete amendments within three weeks of the March 25, 2026 order, were granted an additional two weeks from April 15, 2026 to comply with the amendment directive. This case analysis is maintained by casestatus.in based on publicly available court records.
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