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2022 Supreme(SC) 933

INDIRA BANERJEE, A. S. BOPANNA
Kavi Arora – Appellant
Versus
Securities & Exchange Board of India – Respondent


Advocates appeared:
For the Petitioner(s): Mr. Sidharth Luthra, Sr. Adv. Mr. Madhav Khurana, Adv. Mr. Pankaj Singhal, Adv. Mr. Kartikay Dang, Adv. Mr. Pankaj Singhal, Adv. Mr. Hardik Rupal, Adv. Ms. Shivani Luthra, Adv. Mr. Varun Pandit, Adv. Mr. Nitin Saluja, AOR
For the Respondent(s): Mr. Dhaval Mehrotra, Adv. Mr. Abhishek Singh, Adv. For M/S. K Ashar & Co., AOR

JUDGMENT :

Indira Banerjee, J.

This present special leave petition is against the impugned judgment and final order dated 15th September 2021, passed by the Division Bench of the High Court of Judicature at Bombay, dismissing Writ Petition (L) No. 19352 of 2021, filed by the Petitioner under Article 226 of the Constitution of India, whereby the Petitioner had sought directions against the Respondent, Security and Exchange Board of India (SEBI), to forthwith furnish to the Petitioner documents relied upon by the Respondent-SEBI, in Show Cause Notice No. SEBI/HO/IVD/ID2/OW/P/2020/19435/1 dated 17th November 2020 issued to the Petitioner to show cause why appropriate directions should not be taken against him under Sections 11(1), 11(4), 11B(1) 11B(1), 11B(2), and 11(4A) of the Securities and Exchange Board of India Act, 1992 (hereinafter referred to as “the SEBI Act”) and Section 12A(1) and 12A(2) of the Securities Contract (Regulation) Act, 1956 (hereinafter referred to as “SCR Act 1956”) read with SEBI (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995 (hereinafter referred to as, as "SEBI Adjudication Rules 1995") and Securities Contract (Regu

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