Supreme Court of India
Vse Stock Services Ltd. v. S.E.B.I. &anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Securities & Exchange Board of India (Stock Brokers and Sub-Brokers) Regulation.s, 1992- Reg 10(1) read with schedule Ill - Fee continuity benefit- Entitlement- Parent c company incorporated a subsidiary company (company limited by guarantee) and got membership of Bombay stock exchange but failed to get membership of National Stock Exchange - To overcome this, the parent company incorporated another subsidiary company-appellant company, (company limited by stocks) - Said company obtained membership of NSE but SEBI refused to grant recognition since only one subsidiary could claim registration
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