Bombay High Court

SUBHASH BHIMRAO BHOPI AND ANRversusUNION OF INDIA AND ORS

Decided: 2 July 2026
Disposal: Allowed To be withdrawn
Bench: A S GADKARI KAMAL KHATA

Holding

The Court allowed the petitioners to withdraw the writ petitions and dismissed them, along with the related interim applications.

Summary

Petitioners Subhash Bhimrao Bhopi & Anr filed multiple writ petitions challenging actions of the Union of India and other respondents. The Securities and Exchange Board of India (SEBI) had already decided the petitioners' complaint, rendering the grievance moot. Petitioners, through counsel, sought unconditional leave to withdraw all pending writ petitions. The Court, after hearing, granted leave to withdraw and dismissed the petitions as withdrawn. Consequently, the related interim applications filed in 2024 and 2025 were also disposed of.

Issues considered

Whether the petitioners may withdraw their writ petitions after the SEBI has decided the underlying complaint?
Whether the pending interim applications stand after the withdrawal of the main writ petitions?

Subjects

withdrawal of writ petition
SEBI
interim application
court procedure
Civil Procedure Code

Judgment

                          sns                                            3-WP-1561-2021.doc




                                   IN THE HIGH COURT OF JUDICATURE AT BOMBAY

                                        CRIMINAL APPELLATE JURISDICTION

                                          WRIT PETITION NO.1561 OF 2021
                      Subhash Bhimrao Bhopi & Anr.                        … Petitioners

                            V/s.

                      Union of India & Ors.                               … Respondents

                                                     WITH
                                         WRIT PETITION NO.1489 OF 2021
                                                     WITH
                                      INTERIM APPLICATION NO.4309 OF 2024
                                                     WITH
                                         WRIT PETITION NO.1344 OF 2021
                                                     WITH
                                    INTERIM APPLICATION(ST) NO.13698 OF 2025
                                                       IN
                                         WRIT PETITION NO.1344 OF 2021



                      Mr. Prakash Shah a/w. Adv. D. V. Sutar, Adv. Anjali S. i/by Swatantri
                      Waghmare for the Petitioners in all WPs.
                      Ms. Nidhi Singh a/w. Adv. Nidhi Faganiya i/by Vidhii Partners for
                      Respondent No.3-SEBI.
                      Ms. Dhamini Nagpal i/by Manilal Kher Ambalal & Co. for Respondent No.4-
                      NSE.
                      Mr. Abhay Chauhan i/by TLP for Respondent No.5-BSE.
                      Ms. Rinku Valanju a/w. Adv. Amit Kumar i/by RV Legal for Respondent
                      No.8.
                      Mr. J.P. Yagnik, APP, for the Respondent-State.


                                                     CORAM : A. S. GADKARI AND
                                                             KAMAL KHATA, JJ.
                                                      DATE : 2nd July, 2026


                                                                                              1/2
         Digitally
         signed by
         SUMEDH
SUMEDH   NAMDEO
NAMDEO   SONAWANE
SONAWANE Date:
         2026.07.08
         10:55:40
         +0530
       sns                                               3-WP-1561-2021.doc

P.C.:-

1)              Mr. Shah, learned counsel appearing for the Petitioners on

instructions submitted that, as the SEBI has already decided the complaint

of the Petitioners, the grievance of the Petitioners as of today does not

survive.

2)              In view thereof, he seeks leave to withdraw Petitions

unconditionally.

2.1)            Leave granted.

3)              Disposed off as withdrawn.

4)              In view of dismissal of Petitions, Interim Application No.4309

of 2024 and Interim Application (ST) No.13698 of 2025 are also

accordingly disposed off.



             (KAMAL KHATA, J.)                 (A.S. GADKARI, J.)




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