Kavi Arora vs Securities And Exchange Board Of India

The Supreme Court dismissed the special leave petition filed by Kavi Arora challenging the Bombay High Court's decision to deny access to documents relied upon by the Securities and Exchange Board of India (SEBI) in a show cause notice. The court held that the petitioner failed to demonstrate any legal entitlement to the documents sought, affirming the High Court's ruling under Article 226 of the Constitution. The judgment reinforces the procedural discretion of regulatory bodies in maintaining confidentiality during inquiries.