Revision Petition : 14 of 2025 Date of Institution : 23.07.2025 Date of Decision : 15.09.2025 Care Ratings Limited, 4th Floor, Godrej Coliseum, Somaiya Hospital Road Off Eastern Express Highway Sion East, Mumbai – 400 022.

…..Revisionist/Opposite Party No.1.

Versus

1] Abhishek Singhania, 3029, Ajanta Enclave, 2nd Floor, Sector 51D, Chandigarh – 160047.

2] Purushottam Ram Singhania, 3029, Ajanta Enclave, 2nd Floor, Sector

51D, Chandigarh – 160047.

...Respondents/Complainants

3] Managing Director/CEO, Brickwork Ratings India Pvt. Limited (BWR), 3rd Floor, Raj Alkaa Park, 29/3 & 32/2, Kalena Agrahara Bannerghatta Main Rd, Bengaluru – 560076 (Karnataka).

4] Mr. Kapil Wadhawan, (Ex-Promoter & Managing Director of erstwhile Dewan Housing Finance Corporation Ltd. (DHFL) C/o Taloja Central Prison, Inampuri, Taloja, Kharghar Navi, Mumbai – 410208 (Maharashtra).

5] Securities and Exchange Board of India (SEBI), Plot No.C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051, (Maharashtra)

through Authorised Officer.

…..Respondents/Opposite parties No.2 to 4 BEFORE: MRS. PADMA PANDEY, PRESIDING MEMBER MR. PREETINDER SINGH, MEMBER ARGUED BY :-

No.1.

order as to costs.

2] Copy of order passed i