SECURITIES & EXCHANGE BOARD OF INDIA vs MCX STOCK EXCHANGE LTD.. — SLP(C) No. 11738/2012
Case under Section IX. Status: Disposed.
CNR: SCIN010117792012
Filing Date
04-Apr-2012
Registration No
SLP(C) No. 11738/2012
Diary Number
11779/2012
Order Date
11-Apr-2012
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Last updated 05-Jul-2026
Acts & Sections
Petitioner(s)
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1.SECURITIES & EXCHANGE BOARD OF INDIA
Adv. JAYESH KANAKSINH ASHAR
Respondent(s)
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1.MCX STOCK EXCHANGE LTD..
Adv. E. C. AGRAWALA
Case History
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Case disposedDisposed
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11-Apr-2012
ROP - of Main CaseView PDF
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04-Apr-2012
Case filed
Registration No. SLP(C) No. 11738/2012
Case Summary: SLP(C) No. 11738/2012 The Supreme Court disposed of SEBI's special leave petition against MCX Stock Exchange on a consent basis (11 April 2012). The Court directed SEBI to amend its Securities Contracts (Regulation) Rules on public shareholding in stock exchanges and re-examine MCX's application under the amended regulations, without being bound by the High Court's findings on buyback agreement legality or "persons acting in concert" issues. SEBI was ordered to pass final orders within three months. This case analysis is maintained by casestatus.in based on publicly available court records.
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