Supreme Court of India
Mahesh Ratilal Shah v. Union of India and Ors.
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 Contracts (Regulation) Act, 1956: c s.4 - Absence of publication of the Rules and Bye-laws of the Bombay Stock Exchange, framed prior to its recognition in 1956 under the Act would not render its activities illegal and without authority. ss. 7 and 9 - Non-compliance of - Listing of fake and bogus shares - Petitioner's a/legation that Bombay Stock Exchange (BSE) acted contrary to the interest of the securities market and investors in listing the share scrips of a company involved in fraudulent dealing of its scrip - Held: There is nothing to establish any ulterior motive on the part…
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