Supreme Court of India
Securities & Exchange Board of India v. Magnum Equity Services Ltd. & 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.
2 Supreme Court benches have cited this judgment.
From the headnote
Securities and Exchange Board of India (Stock Brokers and S/Jb-brokers) Regulations, 1992: Schedule Ill, Paragraph 1 (4) - Fee continuity benefit - Partnership firm comprising of seven partners carrying on business as a stock broker Partners moved application for registration of company during pend&ncy of which one of partner exited - Company o incorporated with remaining 6 partners who all became the whole-time directors - Membership card of firm transferred to the company - Company registered as stock broker - Three of such directors resigned- It was not the case of SEBI that equity…
Authorities it was built on
Where later benches applied it
- 2020 Union of India & Ors. v. M/s G S Chatha Rice Mills & Anr.
- 2019 Bikram Chatterji & Ors v. Union of India & Ors.
Of those, 2 mentioned
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