Supreme Court of India
National Securities Depository Ltd. v. Securities and Exchange Board of India
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.
1 Supreme Court bench has cited this judgment.
From the headnote
Securities and Exchange Board of India Act, 1992 - ss. 11(1), 12, 151, l 5M, l 5T, l 5Z and 30 - Whether an administrative circular issued by SEBI u/s. 11 (l) can be challenged in appeal before Securities Appellate Tribunal u/s. l 5T - Held: SEBI is an expert body created by the Act which has administrative, legislative and quasi-judicial functions - Under the Act, Appellate Tribunal is intended to hear appeals only against quasi-judicial orders - Thus, administrative orders such as circulars issued uls. 11 (1), as in the present case, are outside the appellate jurisdiction of the Tribunal -
Authorities it was built on
- 2010 Ptc India Ltd. v. Central Electricity Regulatory Commission through Secretary
- 2002 Indian National Congress (i) v. Institute of Social Welfare and Ors.
- 1960 Shivji Nathubhai v. The Union of India &. Others
- 2004 Clariant International Ltd. and Anr. v. Securities and Exchange Board of India
- 2013 Bharat Sanchar Nigam Limited v. Telecom Regulatory Authority of India and Others
- 1963 Shankarlal Aggarwal and Ors v. Shankarlal Poddar and Ors.
- 1963 Jayantilal Amrit Lal Shodhan v. F.N. Rana and Others
- 1990 Km. Neelima Misra v. Dr. Harinder Kaur Paintal and Ors.
- 1976 Govindbhai Gordhanbhai Patel & Ors. v. Gulam Abbas Mulla Allibhai & Ors.
Where later benches applied it
Of those, 1 referred to
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