Securities And Exchange Board Of ... vs Indiabulls Housing Finance Ltd & ...
2020 Latest Caselaw 1764 Del

I
NTHEHI
     GHCOURTOFDELHIATNEW DELHI

                        JudgmentDel
                                  i
                                  ver
                                    edOn:04.
                                           05.
                                             2020

LPA 143/2020,CM APPL.Nos. 10574/
                               2020,10575/
                                         2020,
10576/
     2020,10577/
               2020,
                   10476/
                        2020&10480/2020

SECURI
     TIESANDEXCHANGEBOARD
OFINDI
     A
        ..
         ..
          .Appel
               l
               ant

                  ver
                    sus
I
NDIABULLSHOUSI
             NGFI
                NANCELTD.
&ORS.                                  .
                                       ..
                                        ..
                                         .Respondent
                                                   s
Advocat
      eswhoappear
                edi
                  nthiscase:
FortheAppel
          l
          ant      :Mr.TusharMehta,Soli
                                      cit
                                        orGeneralofIndi
                                                      a
                   wit
                     h
                  Mr .NeerajMalhotr
                                  a,Seni or Adv
                                              ocate,Mr .
                   Ashi
                      sh Aggar
                             wal,Advocate,Mr.D.V.Sekhar,
                   CGM SEBI.



Fort
   heRespondent
              s    :Mr.Har i
                           shSalve,SeniorAdv ocatewithMr.
                   Raj
                     ivNay ar
                            ,SeniorAdv ocatewi t
                                               hMr .Karan
                   Lut
                     hra,Mr.Ri
                             shiAgrawala,Mr.AnkitBanat
                                                     iand
                   Mr.Kart
                         ikNayarAdvocatesforR-1.
                   Mr.Abhi
                         shekBaid,AdvocateforR-2.
CORAM:
HON'BLEMR.JUSTI
              CESI
                 DDHARTHMRI
                          DUL
HON'BLEMR.JUSTI
              CETALWANTSI
                        NGH

                        JUDGMENT

SI DDHARTH MRI DUL, J. ( OPEN COURT - VI DEO CONFERENCI NG)

1. Thepr esentmat terhasbeent akenupf orhear ingbyway

ofVi deoConf erenci ngonaccountofl ockdownduet oCOVI D-19.

LPA143/ 2020 Page1of2

2. The pr esentappeali s di sposed of ,int erms oft he

j udgmentpassedi nLPA 146/ 2020t it l I edas"CI CILombar d

Gener alI nsur anceCompanyLt d.v s.I ndi abul l sHousi ngFi nance

Lt d.&Or s."oft heev endat e.Pendi ngappl i cat ionsal sost and

di sposedof .

3. For det ail ed Judgment , see LPA 146/ 2020, dat ed

04.

05. 2020.

4. A copyoft his or derbe pr ovi ded t olear ned counsel

appear ingonbehal foft hepar ti esel ect roni cal l y.Acopyoft his

or derbeupl oadedont hewebsi teoft hisCour tfor thwi th.

SI DDHARTHMRIDUL (JUDGE)

TALWANTSINGH ( JUDGE)

MAY04,

as

LPA143/ 2020 Page2of2