Hitesh K. Shah Financial Services Ltd. vs UOI
SEBI (Stock Brokers and Sub-brokers) Rules 1992-Sub-brokers of regional stock exchange companies-Sub-brokers of subsidiary / company of regional stock exchanges could not be treated as special class of sub-brokers as there was no statutory provisi [LexDoc Id : 304458]
HC (Gujarat)
2005
Satya Prakash Aggarwal vs National Stock Exchange of India
Fraudulent investments-Compensation to investors-The National Stock Exchange (NSE) was directed to compensate the investors from its Investors Education and Protection Fund (IPEF) on basis of clause [LexDoc Id : 298549]
HC (Bombay)
2005
Solaris Systems (P.) Ltd vs Oriental Bank of Commerce
SARFAESI Act 2002-Provisions of the Act prevail -The fact that the tribunal had passed an order against the petitioner under the Debt Recovery Act did not mean that the borrower had ceased to be the [LexDoc Id : 299371]
HC (Kerala)
2005
JVG Leasing (Securities and Finance) Ltd. and Ors.
Winding up-Non compliance with regulatory mechanism of RBI-A NBFC was ordered to be wound-up on account of it's failure to comply with the regulatory mechanism provided under s. 45MC of the RBI Act 1934. Furth [LexDoc Id : 288817]
Niskalp Investments and Trading Co. Ltd. vs Hunduja TMT Ltd.
Securities Contracts (Regulations) Act 1956-Spot delivery contract-An agreement for transfer of shares of a company for adequate consideration was not a spot-delivery contract which was the only nature of contract per [LexDoc Id : 328306]
HC (Bombay)
2005
Kesha Appliances (P) Ltd. vs Royal Holdings Services Ltd.
Interim relief against allotment of shares-Time barred-An appeal against the Single Judge’s order rejecting the interim relief was dismissed as nearly five years had been elapsed since allotment of cumulat [LexDoc Id : 327742]
HC (Bombay)
2005
In The Matter of: Lazard Asset Management LIC
Short Selling-Monetary Penalty-An order that imposed penalty against the noticee for short selling of securities was set aside. Even though there was a violation of 15(3)(a) of SEBI [LexDoc Id : 291108]
