Supreme Court · 1979 INSC 50 · Decided 23 February 1979
Desh Bandhu Gupta & CO. & ORS. v. Delhi Stock Exchange ASSN. LTD.
- Court
- Supreme Court of India
- Citation
- 1979 INSC 50 · [1979] 3 S.C.R. 373
- Case number
- CIVIL APPEAL No. 2458/1969
- Decided
- 23 February 1979
- Bench
- R.S. SARKARIA, V.D. TULZAPURKAR, A.P. SEN (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
GUPTA & CO. & ORS. v. DELHI STOCK EXCHANGE ASSN. LTD. February 23, 1979 [R. S. SARKARIA, V. D. TULZAPURKAR AND A. P. SEN, .fJ.] 373 A Securities Contracts (Regulation) Act, 1956-Ss. 4 & 16-Notification is.sued - B 'fl! thereunder-Scope of. • Interpretation of statutes-Press Note of the .)ecurities Contracts (Regulation) Act 1956 the Central Govcrnme•t banned with immediate effect all forward trading in ~hares on recognised ~tock exchanges in the country. The proviso to the notification, "Which dealt with bow all existing contracts remaining outstanding as on the
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