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HC directs to unfreeze demat accounts of petitioners with immediate effect
Case Law Details
- Case Name
- Swojas Energy Foods Vs SEBI (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
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Swojas Energy Foods Vs SEBI (Bombay High Court)
Heard Mr.Shenoy, learned counsel for the petitioners; Ms.Singh, learned counsel for respondent No.1, Mr.Walve, learned standing counsel, revenue for respondent No.2; Mr.J.B.Mishra, learned counsel for respondent No.3; and Mr.Modi, learned senior counsel alongwith Mr.Anubhav Ghosh, learned counsel for respondent No.5.
2. Though a number of prayers have been made by the petitioners, the principal grievance of the petitioner was highlighted in our order dated 27th January, 2021, when we had issued notice. Relevant portion of the o...
SEBI is acting in irresponsible way in freezing promoters d’mat accounts without verification of their role administrators decisions. It’s like punishing innocent