COMMON ORDER :

(Per Hon’ble Sri Justice P.Naveen Rao)

Heard learned senior counsel Sri E Madan Mohan Rao for petitioner (State Bank of India) in WP 29648 of 2021 and in WP No. 9375 of 2019, learned senior counsel Sri L Ravi Chander appearing for Securities and Exchange Board of India Ltd (SEBI) i.e., second respondent in WP No. 29648 of 2021 and fifth respondent in WP No.9375 of 2019, and learned standing counsel Dr.B.Manoj Kumar for 9^th respondent in WP 9375 of 2019 (EPF Organisation).

2. In W.P.No.29648 of 2021, petitioner-Bank is aggrieved by the various measures initiated by the Securities and Exchange Board of India (SEBI) including freezing of the particular property, which according to the petitioner-Bank, is secured asset and the Registration Department of the State of Telangana issuing prohibitory orders on registration of any transactions. In W.P.No.9375 of 2019, petitioner- Bank is aggrieved by the various measures taken by the Securities and Exchange Board of India, Employees State Insurance Corporation Limited (ESIC), and Employees Provident Fund Organization (EPFO).

3. The question for consideration is whether in terms of Sections 26-E and 35 of the Securitization and Rec