SECURITIES & EXCHANGE BOARD OF INDIA vs MANGALORE STOCK EXCHANGE — C.A. No. 1685/2005
Case under Section III. Status: Disposed.
CNR: SCIN010054672005
Filing Date
09-Mar-2005
Registration No
C.A. No. 1685/2005
Diary Number
5467/2005
Order Date
01-Apr-2005
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Last updated 19-Jun-2026
Acts & Sections
Petitioner(s)
-
1.SECURITIES & EXCHANGE BOARD OF INDIA
Adv. BHARGAVA V. DESAI
Respondent(s)
-
1.MANGALORE STOCK EXCHANGE
Case History
Case Summary: C.A. No. 001685/2005 SEBI v. Mangalore Stock Exchange (Supreme Court, April 1, 2005) The Supreme Court disposed of SEBI's appeal by staying the Securities Appellate Tribunal's January 20, 2005 order, which had directed SEBI to consider Mangalore Stock Exchange's corporatisation and demutualisation application despite SEBI's Section 4(4) order. The Court held the Tribunal erred by not first resolving SEBI's maintainability challenge before passing substantive orders. The Tribunal was directed to decide the maintainability issue within 8 weeks. No costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.
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