Supreme Court · 2003 INSC 563 · Decided 17 October 2003
Bombay Stock Exchange v. Jaya I. Shah and ANR.
- Court
- Supreme Court of India
- Citation
- 2003 INSC 563 · [2003] SUPP. 4 S.C.R. 892
- Case number
- CIVIL APPEAL No. 8297/1997
- Decided
- 17 October 2003
- Bench
- V.N. KHARE, S.B. SINHA (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Arbitration Act
Headnote
STOCK EXCHANGE v. JAY A I. SHAH AND ANR. OCTOBER 17, 2003 B [V.N. KHARE, CJ. AND S.B. SINHA, J.] Stock Exchange Rules, Byelaws and Regulations, 1957: Defaulters' Committee-Status of-Held: Is not a juristic person but C merely an association of persons. Bye-Laws 322 and 326-Member Stock with the satisfaction of the members' claim-It comes to an end as soon as the purpose of Bye-law 326 is satisfied. Bye-Laws 248(a) and 282-Arbitration-Between members of Stock Exchange and between member and non-member-Distinction between­ E Held: In the case of former, the award need not
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