SECURITIES & EXCHANGE BOARD OF INDIA vs MCX STOCK EXCHANGE LTD.. — SLP(C) No. 11738/2012

Case under Section IX. Status: Disposed.

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

Section IX

Petitioner(s)

  1. 1.SECURITIES & EXCHANGE BOARD OF INDIA

    Adv. JAYESH KANAKSINH ASHAR

Respondent(s)

  1. 1.MCX STOCK EXCHANGE LTD..

    Adv. E. C. AGRAWALA

Case History

  1. Case disposedDisposed

  2. 11-Apr-2012

    ROP - of Main CaseView PDF

  3. 04-Apr-2012

    Case filed

    Registration No. SLP(C) No. 11738/2012

casestatus.in Summary

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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