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MAHASEMAM TRUST v. UNION OF INDIA

Supreme Court of India | Diary 26881/2020

Status

Order

Decided On

2020-12-18

Bench

HON'BLE MR. JUSTICE R. SUBHASH REDDY, HON'BLE MR. JUSTICE ASHOK BHUSHAN, HON'BLE MR. JUSTICE M.R. SHAH

Petitioner

MAHASEMAM TRUST

Respondent

UNION OF INDIA

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Full Judgment Text

ITEM NO.21 Court 7 (Video Conferencing) SECTION XI

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

Petition(s) for Special Leave to Appeal (C) No(s). 15116/2020

(Arising out of impugned final judgment and order dated 12-10-2020 in WPMD No. 8037/2020 passed by the High Court Of Judicature At Madras At Madurai)

MAHASEMAM TRUST Petitioner(s)

VERSUS

UNION OF INDIA & ORS. Respondent(s) (FOR I.R. and IA No.129693/2020-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT ) Date : 18-12-2020 This petition was called on for hearing today.

CORAM : HON'BLE MR. JUSTICE ASHOK BHUSHAN HON'BLE MR. JUSTICE R. SUBHASH REDDY HON'BLE MR. JUSTICE M.R. SHAH

For Petitioner(s) Mr. K. Subramanian, Sr. Adv. Mr. E. C. Agrawala, AOR Mr. Sunil Murarka, Adv. Ms. Madhavi Agrawal, Adv.

For Respondent(s) UPON hearing the counsel the Court made the following O R D E R

The petitioner, having granted liberty to avail the remedy

available to it or move Securities and Exchange Board of India

(SEBI) by filing a compliant, we are not inclined to entertain the

special leave petition.

The special leave petition is, accordingly, dismissed.

However, the petitioner may seek his remedy as observed by the High

Court in para 18 of the impugned ...

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