PARESH UPADHYAY, S. ANANTHI
T. Palpandi – Appellant
Versus
Securities Exchange Board of India, Maharastra – Respondent
JUDGMENT
(Prayer: Petition filed under Order 47 Rule 1 of CPC against the order dated 23.06.2021 made in W.P.(MD) No. 9667 of 2019.)
Paresh Upadhyay, J.
1. By this application, the petitioner has prayed for review of the order of this Court dated 23.06.2021 recorded on W.P(MD) No. 9667 of 2019.
2. Heard Mr.Isaac Mohanlal, learned Senior Advocate for the petitioner and Mr.C.Prasana Venkatesh for the respondents / SEBI.
3. At the outset it is noted that, learned advocate for the respondents / SEBI has raised preliminary objection about the maintainability of this review application. Without prejudice to that, it is submitted that, even on merits this is not the case where the order passed by this Court should be reviewed in any manner.
4. Learned Senior Advocate for the petitioner has addressed the Court at length inter-alia contending that the order dated 23.06.2021 was on erroneous assumption of fact. Further the prayer clause of the petitioner was very clear, however the petition is not considered on merits but was disposed of as premature. Attention of the Court is invited to the concluding part of the order (para : 8), which reads as under:-
“8. Therefore, we are of the view that t
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