Thursday, 26 June 2014

SAT: BSE couldn’t sit in a judgment as it had vested interest in dispute between its subsidiary and

SEBI : Where BSE directed appellant broker to remit payment to it which was claimed to be due to appellant as well as ICCL, Clearing agency, in view of fact that BSE and ICCL were inter-linked and inter-connected as ICCL being wholly owned subsidiary of BSE, BSE should not sit in judgment in such matter


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