IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.5207 of 1998 10. 15.12.2008 Shivam Plantation Private Limited, through its Managing Director Smt. Mrinalini Sinha, wife of Sri Krishna Murari Sharan, resident of Mohalla – Tilak Nagar, Police Station – Patrakar Nagar, District and Town – Patna. ------------------- Petitioner versus 1. The Union of India through Ministry of Finance, Govt. of India, Delhi. 2. Secretary, Ministry of Finance, Govt. of India, Delhi. 3. Chairman, Security & Exchange Board of India, Mittal B. wing, 224, Nariman Point, Bombay-400041. 4. Regional Manager, Security & Exchange Board of India, FMC, Fortuna Building, 5th floor, 234/4 A, AJC Bose Road, Calcutta. ----------------- Respondents For the petitioner: M/S Ajay Kumar Thakur and Mukesh Kumar. For the Union of India: Mr. S N Pathak, S.C. C.G. For the private respondent: M/S Ramji Prasad and Rajendra Prasad. ------- In view of the subsequent developments and decision rendered by the Hon`ble Delhi High Court it is not disputed that the Security & Exchange Board of India have authority to exercise under section 24 of the Act of 1992. In view of the above, the present writ application is dismissed and no separate adjudication or order would be required in the present writ application. rkp (Ajay Kumar Tripathi, J)