A division bench of Justices G S Kulkarni and Aarti Sathe allowed the writ petition filed

by Amit Manilal Haria, Chief Financial Office; Hiren Uday Gada, Chief Executive Officer;

and Atul Hirji Maru, Joint Managing Director. The court quashed the Order-in-Original

dated February 1, 2025, to the extent it imposed liability on the individuals.