Supreme Court · 2007 INSC 1098 · Decided 23 October 2007
Ratnabali Capital Markets LTD. v. Securities & Exchange Board of India and ORS.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 1098 · [2007] 11 S.C.R. 629
- Case number
- CIVIL APPEAL No. 4945/2007
- Decided
- 23 October 2007
- Bench
- S.H. KAPADIA, B. SUDERSHAN REDDY (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 391to394, 391
Headnote
CAPITAL MARKETS LTD. A V. SECURITIES & EXCHANGE BOARD OF INDIA AND ORS. OCTOBER 23, 2007 (~.H. KAPADIA AND B. SUDERSHAN REDDY,JJ.] B )'-- ._,lr Securities and Exchange Board of India Act, 1992: s.11 (2)-Circular dated 30. 9. 2002 stating that fresh registration c fee not payable by entity, to claim benefit of Circular dated 30.9.2002-Held: Not entitled as merger had not taken place due to D compulsion of law-Object of the Act-Discussed-Companies Act, y 1956-ss.391 to 394-SEBI (Stock-brokers and Sub-brokers) Regulations, 1992-Schedule Ill-Circular dated 30. 9. 2002-Para
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