2026:MHC:154

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 27-10-2025

CORAM

THE HONOURABLE MR JUSTICE S. M. SUBRAMANIAM

AND

THE HONOURABLE MR.JUSTICE MOHAMMED SHAFFIQ

WP No. 8084 of 2017

1. K.Ramamurthy

2. V.Nagammal 3. A.RoseMary

4. R.Shanthi 5. S.Padhma

6. R.Saraswathi

7. H.Sujatha

8. D.Selvi

9. V.Anitha

10. M.Alamelu

11. M.Parasuraman

12. P.N.Devaraj 13. B.Murugan 14. I.Tamilarasi

15. R.Panjavarnam

16. Sasikala.S.

17. R.Sathya

18. V.Thilagavathy

19. K.Gunasundhari

20. K.Pushpa

21. Mrs.K.Jayanthi Petitioner(s)

Vs

1. The Securities Exchange Board of India, Southern Regional Office at Overseas Towers, 7th Floor, No.756-L, Anna Salai, Chennai-2

2.The Inspector General of Registration, No.100, Santhome High Road, Pattinapakkam, Chennai-28

3.The Inspector of Police E.O.W.II Viswanathapuram, Madurai 625 104

4.Disc Assets Lead India Ltd., rep. by its Managing Director Mr.V.Janarthanan, reg. Office at Old D.No.59/1 (New No.119) Canal Bank Road, CIT Nagar, Chennai-35

5.M/s.M.V.T.Anthonasami(m/46)

The Secretary, Disc Asset Lead India Ltd, Investors Welfare Association, No.1-64-1, Main Road, Viswanathapuram, Shencottai, Tirunelveli District.

[R5 impleaded vide order dated

18.07.2017, in WMP.No.11894 of 2017]

6.M/s.V.Janardhanan, 7.M/s.N.Arun, 8.C.Srinivasan, [R6-8 impleaded vide order dated

27.10.2017, in WP.Nos.8084&18371 of

2017]

9.M/s.M.N.Umashanker, 10.M/s.S.Jeevalatha, 11.M/s.T.Shyam Chander [R9-11 impleaded vide order dated

24.10.2017, in WP.Nos.8084&18371 of

2017]

12.Handiman Services Limited, Having Its Branch Office At F4, SG, Vaibogam Apartments, No.33/77, South Sivan Koil Street, Vadapalani, Chennai-026.

Rep By Its Authorised Signatory Mr.T.D.Vivekanandan.

[R12 impleaded vide order dated

01.11.2018, in WMP.No.32055 of 2018]

13.The Registrar Of Companies, Southern Region, Office at Block No.6, B Wing, 2nd Floor, Shastri Bhawan, No.26, Haddows Road,Chennai-034.

[R13 impleaded vide order dated

27.06.2019, in WP.Nos.8084&18371 of

2017]

14.Directorate Of Enforcement, Rep. by the Joint Directorate of Enforcement (Southern region), 2nd and 3rd floors, no.84, Greams road, Thousand lights, Chennai-600006.

[R14 impleaded vide order dated

19.08.2020, in WP.No.8084 of 2017]

15.M/s.Dal Provision Lead India Limited, Rep by its Managing Director D.V. Shreedhar, Flat 3-A, 1st Floor, Alankar Apartments, Door No.25,Raja Bather Street, T.Nagar, Chennai- 600 017.

[R15 impleaded vide order dated

19.08.2020, in WMP.No.13554 of 2020]

16.M/s.Visvas Promoters Private Limited, Represented by Managing Director, Mr.Sankara Iyer Seetharaman, Having Office at No.84, T.P.K.Road, Andalpuram, Madurai 625 003.

[R16 impleaded vide order dated

28.03.2022, in WMP.No.6892 of 2022]

17.Disc, Dal, Aiyan Group Of Companies Depositors and Agents Welfare Association, Madurai (Reg No.38/2019), Rep. by its Secretary, Mr.Sundaram, No.12-1-12, Kasthuri Nagar, Lakshmi Bakery Back side, Madurai Main Road, Palamedu, Madurai District-625 503.

[R17 impleaded vide order dated

05.12.2024, in WMP.No.23219 of 2019]

18.C.Panchali, 19.Ayyanar, 20.Chitra Gajendhiran, 21.Santhi, 22.Poongavanam, 23.Devi, 24.Poomadevi, 25.Indhira, 26.Pattu, 27.Vijaya, 28.Subbu, 29.Kalaivani, 30.Sundari, 31.Navammal, 32.Pottukanni, 33.Krishnaveni, 34.Jayalakshmi, 35.Kala, 36.Krishnamoorthy, 37.Poongodi, 38.Amutha, 39.Mythili, 40.Selvi, 41.Sundhari, 42.Saraswathi, 43.Sundhari, 44.Sundarambal, 45.Rangarav, 46.Santhoshkumari, 47.Malliga, 48.Mailliammal, 49.Deepa, 50.Sangeetha, 51.Kasiyammal, 52.Amulu, 53.Thilakam, 54.Thamizharasi, 55.Manimegalai, 56.Unnaamalai, 57.Nithya, 58.Vengadesan, 59.Thenmozhi, 60.Karpagam, 61.Pottukannu, 62.Suguna, 63.Kamala, 64.Kasthuri, 65.Dhanalakshmi, 66.S.Selvi, 67.Kassiyammal, 68.Banumathi, 69.Kaniyammal, 70.Jayamani, 71.Bhuvaneswari, 72.Sathya, 73.Mariyammal, 74.Neelavathi, 75.Vijaya, 76.S.Selvi, 77.Vijayakumari, 78.Amsa, 79.Poongodi, 80.Chandhira, 81.Santhi, 82.Saroja, 83.Govinthammal Kannan, 84.V.Meena, 85.Subbammal, 86.Thanam, 87.Anandhi, 88.Nithya.B, 89.Kanimozhi, 90.Kamatchi, 91.Bharathi, 92.Anajali, 93.Muniyammal, 94.Sasikala,