Supreme Court · 2025 INSC 454 · Decided 7 April 2025

Securities and Exchange Board of India v. Ram Kishori Gupta & ANR.

Court
Supreme Court of India
Citation
2025 INSC 454 · [2025] 4 S.C.R. 2789
Case number
CIVIL APPEAL No. 7941/2019
Decided
7 April 2025
Bench
SANJAY KUMAR, K.V. VISWANATHAN (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
CPC Section 11; Companies Act

Headnote

Whether SEBI can pass multiple final orders on the same cause of action; applicability of principles of res judicata/constructive res judicata; whether the Appellate Tribunal was justified in setting aside the 2018 disgorgement order passed by SEBI holding that it principle of res judicata in view of its earlier 2014 order. Securities and Exchange Board of India Act, 1992 - ss.11, 11B - Code of Civil Procedure, 1908 - s.11 - Principles of res judicata/constructive res judicata - Applicability of - SEBI

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