The Bombay High Court has reserved its order on petitions filed against the WeWork India IPO , while declining to grant any urgent interim relief sought by the complainants. The court heard the matter over three days before reserving its verdict.

The petitioners had alleged inadequate disclosures, insufficient oversight by SEBI , and sought additional risk-related disclosures along with a stay on the IPO. SEBI, defending the IPO process, maintained that all disclosures were adequate and that due process had been followed.

During the proceedings, Senior Counsel Navroz Seervai, representing petitioner Vinay Bansal, made a formal statement acknowledging that the petitioner’s actions were reprehensible. SEBI, represented by Senior Counsel Shiraz Rustomjee, submitted that the complaints l

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