Bombay High Court
FOUR SEASONS FARM LIMITED AND ORSversusSECURITIES AND EXCHANGE BOARD OF INDIA AND ANR
- Decided
- Disposal
- Disposed Off
Holding
The revision application is dismissed for non‑prosecution as the trial court is at the final stage and the matter has been pending since 2019.
Summary
Four Seasons Farm Limited and others filed a criminal revision application before the High Court of Bombay challenging orders of the trial court involving the Securities and Exchange Board of India. The application was filed in 2019 and remained pending for several years. The respondents, represented by counsel, informed the Court that the trial proceedings were at the final stage. The Court noted the inordinate delay and the fact that the matter was essentially concluded at the trial level. Considering these circumstances, the Court held that the revision could not be entertained. Consequently, the revision application was dismissed for non‑prosecution.
Issues considered
- Whether the criminal revision application should be entertained despite the prolonged delay and the trial court being at the final stage
Subjects
- Criminal Revision
- Non-prosecution
- Delay
- Securities and Exchange Board of India
- High Court of Bombay
Judgment
17-REVN-476-2019 (CR).doc
S.S.Kilaje
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CRIMINAL APPELLATE JURISDICTION
CRIMINAL REVISION APPLICATION NO. 476 OF 2019
Four Seasons Farm Limited And Ors ...Applicants
VERSUS
Digitally signed
by SONALI
Securities And Exchange Board Of India And Anr ...Respondents
SONALI SATISH
KILAJE
SATISH Date:
KILAJE 2026.08.21
15:25:12
+0530
_________________________________________________________________
None for Applicants.
Ms. Anubha Rastogi, Advocate for Respondent No.1.
Mr. S. S. Pednekar, APP for the Respondent-State.
_________________________________________________________________
CORAM : SHIVKUMAR DIGE, J.
DATE : 20th AUGUST, 2026.
P.C. :
1. None for the applicants.
2. Heard learned counsel for the respondent No.1.
3. Learned counsel for respondent No.1 submits that the matter
before the Trial Court is at final stage. The matter is pending since year
2019.
4. Considering this fact, Revision Application is dismissed for non-
prosecution.
(SHIVKUMAR DIGE, J.)
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