Supreme Court · 2020 INSC 650 · Decided 20 November 2020
Rusoday Securities LTD. v. National Stock Exchange of India LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2020 INSC 650 · [2020] 13 S.C.R. 218
- Case number
- CIVIL APPEAL No. 2690/2009
- Decided
- 20 November 2020
- Bench
- A.M. KHANWILKAR, DINESH MAHESHWARI (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
Securities Contracts (Regulations) Act, 1956: Sections 3(2) and 9 - Appellant admitted as trading member of NSE (Stock Exchange) - Was authorized by the Stock Exchange to become a clearing member of National Securities Clearing Clearing Corporation) - Appellant had executed undertaking in favour of the Stock Exchange as well as the Corporation to abide by and comply with the Rules, Byelaws, and Regulations of the Exchange and of the Corporation and also to abide by Circulars, Orders, Directions, Notices or
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