Supreme Court · 2010 INSC 123 · Decided 25 February 2010
Securities and Exchange Board of India v. Ajay Agarwal
- Court
- Supreme Court of India
- Citation
- 2010 INSC 123 · [2010] 3 S.C.R. 70
- Case number
- CIVIL APPEAL No. 1697/2005
- Decided
- 25 February 2010
- Bench
- G.S. SINGHVI, A.K. GANGULY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CrPC Section 2(n); Constitution Article 20(1)
Headnote
Securities and Exchange Board of India Act, 1992 - Enactment of - Purpose - Held: The Act was enacted to C achieve the twin purposes of promoting orderly and healthy growth of securities market and for protecting the interest of investors - The Act is pre-eminently a social welfare legislation. Board of India Act, 1992: E s. 11 - Amendment of - Done on several occasions - To keep pace with "felt necessities of time" - Amendment made in sub-section (4) of s. 11 in 2002 - Objects and reasons discussed. s. 11 B - Introduction of - Vide amendment made in 1995 - Objects and
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