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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

Table of Content
1. challenge to termination of servicce and constitutional rights. (Para 1)
2. details of employment contract terms. (Para 2)
3. objections on writ maintainability raised by respondent. (Para 3 , 4)
4. arguments regarding private versus public law. (Para 5 , 6)
5. background of the petitioner and termination events. (Para 7 , 8 , 14)
6. distinction between public duties and private law rights. (Para 9 , 10 , 12)
7. judicial review under article 226 and private contracts. (Para 11 , 13)
8. dismissal of writ petition. (Para 15)

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













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