AHILYA SHARMA AND OTHERS YOUNUS SULTAN vs THE SECURITIES AND EXCHANGE BOARD OF INDIA — CRR/2045/2026

Case under Code of Criminal Procedure Section 397/401/482. Disposed: Contested--DISPOSED on 21st May 2026.

Case disposed Next hearing 18-May-2026

CNR: WBCHCA0218942026

Filing Number

CRR/2031/2026

Filing Date

14-May-2026

Registration No

CRR/2045/2026

Registration Date

14-May-2026

Judge

Hon'ble Justice Kausik Chanda

Coram

Hon'ble Justice Kausik Chanda

Bench Type

Single Bench

Category

GROUP C (CRIMINAL MATTERS) ( 3 )

Sub-Category

Exercise of inherent power u/s 482 Cr. P. C. ( 40 )

Judicial Branch

CRIMINAL SECTION

Decision Date

21-May-2026

Nature of Disposal

Contested--DISPOSED

Last updated 29-May-2026

Acts & Sections

Code of Criminal Procedure Section 397/401/482
The Bharatiya Nagarik Suraksha Sanhita, 2023 Section 438/442/528
Security and Exchange Board of India Act ,1992 Section 24(1)/27

Petitioner(s)

  1. 1.AHILYA SHARMA AND OTHERS YOUNUS SULTAN

  2. 2.SHASHI REKHA KUMARI

  3. 3.SHASHI KANT SHARMA

Respondent(s)

  1. 1.THE SECURITIES AND EXCHANGE BOARD OF INDIA

Case History

  1. Case disposedDisposed

  2. 21-May-2026

    Hon'ble Justice Kausik ChandaView PDF

    Summary of CRR 2045/2026 The High Court allowed the petitioners' application under Section 205 CrPC for dispensation of personal appearance in a SEBI complaint case, reversing the Special Judge's rejection which was unduly influenced by the petitioners' advocate's misconduct (falsely claiming unavailability due to voting). The Court found sufficient grounds for non-appearance during quashing proceedings and merit in dispensation, particularly given the petitioners' Patna residence and inclusion of two women, conditioned on Rs. 15,000 payment to the High Court Legal Services Committee. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 19-May-2026

    Hon'ble Justice Kausik ChandaView PDF

  4. 19-May-2026

    New Motion

    Hon'ble Justice Kausik Chanda

  5. 18-May-2026

    First hearing

    Initial hearing scheduled

  6. 14-May-2026

    Case filed

    Registration No. CRR/2045/2026

casestatus.in Summary

Summary of CRR 2045/2026 The High Court allowed the petitioners' application under Section 205 CrPC for dispensation of personal appearance in a SEBI complaint case, reversing the Special Judge's rejection which was unduly influenced by the petitioners' advocate's misconduct (falsely claiming unavailability due to voting). The Court found sufficient grounds for non-appearance during quashing proceedings and merit in dispensation, particularly given the petitioners' Patna residence and inclusion of two women, conditioned on Rs. 15,000 payment to the High Court Legal Services Committee. This case analysis is maintained by casestatus.in based on publicly available court records.

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