SECURITIES AND EXCHANGE BOARD OF INDIA vs M/S NEPTUNE OVERSEAS LTD. . — SLP(C) No. 10225 - 10227/2012

Case under Section III-B. Status: Disposed.

Disposed

CNR: SCIN010065072012

Filing Date

22-Feb-2012

Registration No

SLP(C) No. 10225 - 10227/2012

Diary Number

6507/2012

Order Date

07-Mar-2018

Document Type

ROP - of Main Case

Disposal Type

Disposed Off

Last updated 05-Jul-2026

Acts & Sections

Section III-B

Petitioner(s)

  1. 1.SECURITIES AND EXCHANGE BOARD OF INDIA

    Adv. GURMEET SINGH MAKKER[P-1] K J JOHN AND CO[P-1]

Respondent(s)

  1. 1.M/S NEPTUNE OVERSEAS LTD. .

    Adv. E. C. AGRAWALA[R-1] HEMANTIKA WAHI[R-1]

Case History

  1. Case disposedDisposed

  2. 07-Mar-2018

    ROP - of Main CaseView PDF

  3. 07-Mar-2018

    Fixed Date by Court

    Hon'ble Mr. Justice Madan B. Lokur, Hon'ble Mr. Justice Kurian Joseph and Hon'ble Mr. Justice Deepak Gupta

  4. 04-Jan-2018

    Fixed Date by Court

    Hon'ble Mr. Justice Madan B. Lokur and Hon'ble Mr. Justice Deepak Gupta

  5. 18-Sep-2017

    First hearing

    Initial hearing scheduled

  6. 24-Jan-2014

    ROP - of Main CaseView PDF

  7. 19-Nov-2012

    ROP - of Main CaseView PDF

  8. 09-Nov-2012

    ROP - of Main CaseView PDF

  9. 22-Mar-2012
  10. 19-Mar-2012

    ROP - of Main CaseView PDF

  11. 22-Feb-2012

    Case filed

    Registration No. SLP(C) No. 10225 - 10227/2012

casestatus.in Summary

Case Summary: On 07-03-2018, the Supreme Court disposed of SEBI's special leave petitions against Neptune Overseas Ltd. by setting aside the impugned High Court judgments. The Court granted Neptune Overseas (Respondent Nos. 1 and 2) permission to file a statutory appeal before the Securities Appellate Tribunal (SAT) within 30 days to challenge the Forward Markets Commission's order dated 23rd July, 2011. An interim order from 22nd March, 2012 remains in effect, requiring that any proceedings or actions pursuant to the FMC order shall abide by the final appeal result. This case analysis is maintained by casestatus.in based on publicly available court records.

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