SECURITIES & EXCHANGE BOARD OF INDIA vs BHORUKA FINANCIAL SERVICE LTD. — C.A. No. 2720/2006
Case under Section III. Status: Disposed.
CNR: SCIN010133762006
Filing Date
22-May-2006
Registration No
C.A. No. 2720/2006
Diary Number
13376/2006
Order Date
15-Dec-2008
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Last updated 28-Jun-2026
Acts & Sections
Petitioner(s)
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1.SECURITIES & EXCHANGE BOARD OF INDIA
Adv. BHARGAVA V. DESAI
Respondent(s)
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1.BHORUKA FINANCIAL SERVICE LTD.
Adv. P. N. PURI
Case History
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Case disposedDisposed
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15-Dec-2008
ROP - of Main CaseView PDF
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13-Oct-2008
ROP - of Main CaseView PDF
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19-Sep-2008
ROP - of Main CaseView PDF
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25-Aug-2006
ROP - of Main CaseView PDF
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07-Aug-2006
ROP - of Main CaseView PDF
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05-Jun-2006
ROP - of Main CaseView PDF
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22-May-2006
Case filed
Registration No. C.A. No. 2720/2006
On December 15, 2008, the Supreme Court dismissed Civil Appeal No. 2720/2006 as infructuous by consent, subject to conditions agreed by both parties. Respondent No. 2 (Bhoruka Financial Service Ltd.) undertook not to seek a ₹1 crore refund, agreed to buy-back 650 shares within three months, and approximately ₹6.22 crores held in escrow was to be returned to sellers. All interim orders previously passed by SEBI, the Supreme Court, and the Appellate Court were vacated. This case analysis is maintained by casestatus.in based on publicly available court records.
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