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2013 (5) TMI 1045 - SC - SEBI

Issues involved: Stay of further proceedings in multiple appeals and writ petition pending before different courts.

The Supreme Court, comprising Hon'ble Mr. Justice Jagdish Singh Khehar, ordered a stay on all further proceedings in Appeal Nos. 42/2013, 48/2013, 49/2013, and 50/2013, as well as in Writ Petition No. 2088/2013. The Court decided to examine whether the respondents had complied with the conditions specified in a previous judgment dated 31st August, 2012. The stay was granted to assess the compliance with the said conditions.

The Court directed that the proceedings in various appeals and the writ petition be stayed until the question of compliance with the conditions outlined in the previous judgment is determined. This decision was made to ensure a thorough examination of whether the respondents had adhered to the conditions set forth in the Court's earlier ruling from August 2012. The stay was deemed necessary to evaluate the level of compliance with the specified conditions.

 

 

 

 

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