Supreme Court · 2019 INSC 788 · Decided 22 July 2019
M/S Prrsaar Through Its Proprietor Ved Prakash Gupta v. National Stock Exchange of India LTD.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 788 · [2019] 10 S.C.R. 291
- Case number
- CIVIL APPEAL No. 3260/2017
- Decided
- 22 July 2019
- Bench
- A.M. KHANWILKAR, DINESH MAHESHWARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Stock Exchange: Disciplinary Action Committee of National Stock Exchange of India Ltd. found the appellant guilty of indulging in financial irregularities and misconduct in conduct of business and imposed fine/penalty of Rs.10 lakhs with suspension from trading days - Before the appellate authority, appellant had specifically raised the issue about the appropriateness of the order suspending his trading membership and also quantum of penalty imposed by the appropriate authority - According to appellant, as per circular dated 27.06.2013,
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