Supreme Court · 2024 INSC 525 · Decided 15 July 2024
Balasaheb Keshawrao Bhapkar & ORS. v. Securities and Exchange Board of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2024 INSC 525 · [2024] 7 S.C.R. 730
- Case number
- WRIT PETITION (CRIMINAL) No. 546/2023
- Decided
- 15 July 2024
- Bench
- SURYA KANT, K.V. VISWANATHAN (2-judge bench)
- Outcome
- Directions issued
- Case type
- Criminal
- Acts & sections cited
- Constitution Article 142, 32
Headnote
Whether the facts of the case necessitated constitution of a High Powered Sale Committee, under Article 142 of the Constitution, to auction the immovable assets of the companies to satisfy the investors' claims and liquidate all other Companies. Constitution of India - Art.142 - Invocation of Art.142 for constitution of a High-Powered Sale Committee chaired by a former judge of the Supreme Court of India - Committee tasked with the responsibility of liquidating the assets to generate funds to
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