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2025 Supreme(Bom) 1703

IN THE HIGH COURT OF JUDICATURE AT BOMBAY
Shree Chandrashekhar, Manjusha Deshpande
Suprabhat Lala, S/o. Pranab Kumar Lala – Appellant
Versus
National Stock Exchange Ltd. – Respondent


Advocates Appeared:
For the Petitioner:Mr. K.P. Anilkumar with Mr. Amit Saple, Ms. Priyanka Kumar and Mr. Chinmay Apte, Advocates
For the Respondent:Mr. Ashish Kamat, Senior Advocate, with Mr. Prathamesh Kamat, Mr. Ishan Agrawal, Ms. Priyanka Chaddha, Mr. Kush Khandelwal, Mr. Ashutosh Mishra, Ms. Tanya Hasija and Mr. Divakar Dadhich, Advocates, i/by Nyaayam Associates

JUDGMENT :

Shree Chandrashekhar, CJ.

The petitioner seeks to challenge the order of termination of his service issued on 24th July 2023 under the signature of the Chief Human Resources Officer of the National Stock Exchange (for short, ‘NSE’). The petitioner has characterized the termination order dated 24th July 2023 as illegal, unjustified, arbitrary and discriminatory and challenges the same issued in violation of his rights guaranteed under Articles 14, 16 and 21 of the Constitution of India. He is seeking reinstatement in service on the original post and in the original workplace consequent upon the quashing of the said termination order. He is also seeking a writ of certiorari to recall the order of his transfer contained in the letter dated 27th June 2022. In the writ petition, the petitioner has made the following prayers:-

“(a) This Hon'ble Court may be pleased to issue a Writ of Certiorari or any other appropriate writ, order or direction declaring the Termination letter dated 24.07.2023, (being Exhibit-M) issued by Respondent No.1 and quash the same as being illegal, unjust, discriminatory, arbitrary and in violation of the rights of the Petitioner as guaranteed under Artic













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