SC Dismisses Petitions as Premature; Remedies Available Post HC Final Judgment; Material Use Limited to HC Proceedings.Request to place on record a compilation of documents - As decided by HC [ 2023 (10) TMI 1173 - BOMBAY HIGH COURT] once it is the entitlement of the petitioners in law to receive such documents, they need to be furnished such documents, unless furnishing of these documents would stand prohibited in law, which is certainly not a situation in the present facts. HELD THAT:- All material which is directed to be disclosed by the High Court shall be used only for the purpose of the proceedings pending... ... ... Issues involved:

The Supreme Court dismissed Special Leave Petitions under Article 136 of the Constitution, stating that the impugned orders of the High Court were of an interlocutory nature. The Court allowed parties to pursue remedies after the final judgment of the High Court.

Details of the judgment:

The senior counsel for the respondent assured the Court that all material directed to be disclosed by the High Court would only be used for the pending proceedings before the High Court and not shared with any third party.

Given that the orders of the High Court in question were interlocutory, the Supreme Court declined to entertain the Special Leave Petitions under Article 136 of the Constitution. However, the parties were granted the liberty to seek remedies as per the law once the final judgment of the High Court is delivered.

Consequently, the Special Leave Petitions were dismissed by the Supreme Court, and any pending applications were disposed of accordingly. Request to place on record a compilation of documents - As decided by HC [ 2023 (10) TMI 1173 - BOMBAY HIGH COURT] once it is the entitlement of the petitioners in law to receive such documents, they need to be furnished such documents, unless furnishing of these documents would stand prohibited in law, which is certainly not a situation in the present facts. HELD THAT:- All material which is directed to be disclosed by the High Court shall be used only for the purpose of the proceedings pending before the High Court and shall not be disseminated to any third party. Since the impugned orders of the High Court are purely of an interlocutory nature, we are not inclined to entertain the Special Leave Petitions under Article 136 of the Constitution.However, the parties would be at liberty to pursue their remedies in accordance with law on all counts after the final judgment of the High Court. Special Leave Petitions are dismissed. BHARAT NIDHI LIMITED Versus ASHOK DAYABHAI SHAH & ORS.
SEBI
2023 (12) TMI 241 - SC Order - TMI
SUPREME COURT OF INDIA (LB) - SC
Dated:- 6-11-2023
SPECIAL LEAVE PETITION (CIVIL) Diary No(s).45529/2023, Diary No(s).45770/2023 - -
Securities / SEBI
HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE J.B. PARDIWALA AND HON'BLE MR. JUSTICE MANOJ MISRA For the Petitioner : Mr. Mukul Rohatgi, Sr. Adv. Mr. Manu Nair, Adv. Mr. Ameya Gokhale, Adv. Mr. Vaibhav Singh, Adv. Ms. Medha Sachdev, Adv. Mr. Neelaber Shreesh, Adv. Ms. Radhika Indapurkar, Adv. Ms. Simran Malhotra, Adv. Mr. Manas Kotak, Adv. Mr. S. S. Shroff, AOR Dr. Abhishek Manu Singhvi, Sr. Adv. Mr. Jayant Mehta, Sr. Adv. Mr. Manu Nair, Adv. Mr. Ameya Gokhale, Adv. Mr. Vaibhav Singh, Adv. Ms. Medha Sachdev, Adv. Ms. Radhika Indapurkar, Adv. Mr. Neelaber Shreesh, Adv. Ms. Simran Malhotra, Adv. Mr. Manas Kotak, Adv. Mr. S. S. Shroff, AOR For the Respondent : Mr. C.A. Sundaram, Sr. Adv. Mr. Navroz Seervai, Sr. Adv. Mr. Maninder Singh, Sr. Adv. Mr. Saket Sikri, Adv. Ms. Nina Nariman, Adv. Ms. Aarti Raghavan, Adv. Mr. Pulkit Sukhramani, Adv. Ms. Vidhi Jhawar, Adv. Mr. Aniket Aggarwal, Adv. Mr. Divyam Agarwal, AOR Ms. Manmeet Kaur Sareen, Adv. Mr. Deepank Anand, Adv. Mr. Vikram Raghani, Adv. Mr. Shourya Tanay, Adv. Mr. Ajaypal Singh, Adv. Mr. Pratap Venugopal, Adv. M/S. K J John And Co, AOR ORDER UPON hearing the counsel the Court made the following 1 Mr C A Sundaram, senior counsel, states that all material which is directed to be disclosed by the High Court shall be used only for the purpose of the proceedings pending before the High Court and shall not be disseminated to any third party. 2 Since the impugned orders of the High Court are purely of an interlocutory nature, we are not inclined to entertain the Special Leave Petitions under Article 136 of the Constitution. 3 However, the parties would be at liberty to pursue their remedies in accordance with law on all counts after the final judgment of the High Court. 4 The Special Leave Petitions are dismissed. 5 Pending applications, if any, stand disposed of.
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