https://www.taxtmi.com/caselaws?id=294567 The High Court of Karnataka dismissed the writ petition, upholding the respondent's preliminary objection on the basis of res judicata. The court found that the petitioner's withdrawal of a previous public interest litigation (PIL) with similar prayers barred them from re-agitating the same issues in the current writ petition. Emphasizing the overlap in prayers regarding SEBI investigations, the court determined that the withdrawal of the PIL constituted abandonment of the remedy under Article 226 of the Constitution of India. As a result, the court concluded that the writ petition was not maintainable and ruled in favor of the respondent. en-us Fri, 08 Jan 2021 00:00:00 +0530 Wed, 21 Apr 2021 08:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294567 The High Court of Karnataka dismissed the writ petition, upholding the respondent's preliminary objection on the basis of res judicata. The court found that the petitioner's withdrawal of a previous public interest litigation (PIL) with similar prayers barred them from re-agitating the same issues in the current writ petition. Emphasizing the overlap in prayers regarding SEBI investigations, the court determined that the withdrawal of the PIL constituted abandonment of the remedy under Article 226 of the Constitution of India. As a result, the court concluded that the writ petition was not maintainable and ruled in favor of the respondent. Case-Laws Indian Laws Fri, 08 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294567