# NEVILLE TULI vs SECURITIES AND EXCHANGE BOARD OF INDI AND ANR

Court: Bombay High Court
Date: 2026-07-15
Citation: WP/5242/2025 (32)
Petitioner: NEVILLE TULI
Respondent: SECURITIES AND EXCHANGE BOARD OF INDI AND ANR

[Official PDF on Bombay High Court website](https://bombayhighcourt.gov.in/bhc/file/download/eyJpdiI6IjgvamN5eHMvNm9pSkNUQlh6eVUrT0E9PSIsInZhbHVlIjoiNEh2VngxNFQzOEJxZURMNGlNNU0xcXhsUHRDcHpOdHRlU3JVS2ZuMEJlOHpOMTlUUFkvelBnMEJSRXJEeXNuZDg4TFlLQXFhUnFOWXVFdDA1QlBoRHc9PSIsIm1hYyI6IjlhMDE5Nzk5MTZkYmQ3NmE1ZWM5ZjA3OTk4ZWE4MDUxMTk1MjNiOTg3ZWRjNjQ2NWUyNTc3MWZjNDkwYTBhMDAiLCJ0YWciOiIifQ==?expires=1784476420&signature=b0526b5619cb2f6a249cb36dc38c201559449e152772e49532105e51659a8114)

## Judgment text (excerpt)

CNR No : HCBM010525602025 WP-5242-2025.DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION WRIT PETITION NO. 5242 OF 2025 Neville Tuli, Aged 61 years, Occupation : Entrepreneur SAINATH A-6,Green Avenue Street, SANJAY Vasant Kunj, New Delhi – 110 070. ..Petitioner BODKHE 1. Securities and Exchange Board of India (SEBI), SEBI Bhavan, Plot No. C-4A, G-Block, Bandra Kurla Complex, Mumbai – 400 051. …Respondents 2. State of Maharashtra _____________________________________ Mr. Vyapak Desai, a/w Mr. Manish Bohra, Mr. Ansh Desai, i/b Manish Bohra, for the Petitioner. Mr. Sudeep Pasbola, Senior Advocate, a/w Mr. Chetan Mali, Mr. Rajan Gurnani, Ms. Janki Patil, Mr. Sachin Mishra & Mr. Umang Arya, for Respondent No.1 - SEBI. Mr. D. J. Haldankar, APP for Respondent No.2 - State. _____________________________________ CORAM : N. J. JAMADAR, J. RESERVED ON : 09th APRIL 2026 PRONOUNCED ON : 15th JULY 2026 JUDGMENT: 1. Rule. Rule made returnable forthwith, and, with the consent of the learned Counsel for the parties, heard finally. SAINATH, PA 1/32 WP-5242-2025.DOC 2. This Petition under Article 227 of the Constitution of India and Section 528 of the Bharatiya Nagarik Sur

https://niyam.ai/judgements/high-court/2026/july/neville-tuli-vs-securities-and-exchange-board-of-indi-and-anr