Multi Commodity Exchange of India Ltd vs Mediacom Communication Pvt Ltd

Judgment text excerpt

1/30 APPEAL 32800-25 J.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL APPEAL (STAMP) NO.32800 of 2025 WITH INTERIM APPLICATION(L) NO.32878 OF 2025 IN COMMERCIAL APPEAL (STAMP) NO.32800 of 2025 IN CHAMBER SUMMONS NO. 430 OF 2018 IN COMMERCIAL SUIT NO. 87 OF 2015 Multi Commodity Exchange of India .. Applicant/ Ltd, a Company incorporated under Original Plaintiff the Companies Act, 1956 having registered office at Exchange Square, Suren Road, Chakala, Andheri (E), Mumbai 400093. Versus 1. Mediacom Communication Pvt. .. Respondents/ Ltd. Erstwhile known as Mediacom (original Communication Ltd, having its Defendants) registered office at 201, 2nd floor, Karmala Business Executive Park, Opp Vazir Glass Factory, Kondovita Road, Andheri (East), Mumbai 400056. 2. Sam Baman Balsara, Occ: Director. 3. Lara Sam Balsara. Occ. Director 4. Soli Bomanji Balsara. Occ. Director, All having their address at 47, Malcolm Baug, S.V. Road, Jogeshwari (West), Mumbai 40010. Tilak 2/30 APPEAL 32800-25 J.doc 5. Nadaraja Kaniappan, Occ. Director Having address at 54,Pascoc ST, Glen Iris Victoria, 3146, Australia 6. Stephen David Allan. Occ. Director having address at 2, Spaniards Close, Hampstead, London, NW, 116th United Kingdom. … Mr. Surel Shah, Senior Advocate with Hiten Lala i/b Durgaprasad Sabnit for the appellant. Mr.Nirav Shah with Mr.Suddhasattwa Roy i/b DSK Legal for the respondent. CORAM : BHARATI DANGRE & MANJUSHA DESHPANDE, JJ DATED : 13th FEBRUARY, 2026 JUDGMENT :- (Per Bharati Dangre, J) 1 The present Appeal is filed by the appellant M/s. Multi Commodity Exchange of India Limited (hereinafter referred to as, ‘MCX’), through its authorized representative, being aggrieved by the judgment delivered passed by the learned Single Judge on 29/