SAURASHTRA KUTCH STOCK EXCHANGE LTD. vs SECURITIES & EXCHANGE BD.OF INDIA . — C.A. No. 5498/2008
Case under Section III. Status: Disposed.
CNR: SCIN010179182008
Filing Date
03-Jul-2008
Registration No
C.A. No. 5498/2008
Diary Number
17918/2008
Order Date
14-Mar-2012
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Last updated 04-Jul-2026
Acts & Sections
Petitioner(s)
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1.SAURASHTRA KUTCH STOCK EXCHANGE LTD.
Adv. ROHIT KUMAR SINGH
Respondent(s)
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1.SECURITIES & EXCHANGE BD.OF INDIA .
Adv. K J JOHN AND CO
Case History
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Case disposedDisposed
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14-Mar-2012
ROP - of Main CaseView PDF
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04-Feb-2011
ROP - of Main CaseView PDF
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14-Jan-2011
ROP - of Main CaseView PDF
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26-Jul-2010
ROP - of Main CaseView PDF
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05-Jul-2010
ROP - of Main CaseView PDF
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31-Mar-2010
ROP - of Main CaseView PDF
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22-Jan-2010
ROP - of Main CaseView PDF
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04-Dec-2009
ROP - of Main CaseView PDF
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10-Jul-2009
ROP - of Main CaseView PDF
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24-Feb-2009
ROP - of Main CaseView PDF
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09-Jan-2009
ROP - of Main CaseView PDF
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03-Jul-2008
Case filed
Registration No. C.A. No. 5498/2008
Summary: The Supreme Court dismissed Saurashtra Kutch Stock Exchange's civil appeal challenging SEBI's withdrawal of its stock exchange recognition. The Court held that the appellant had already raised the same jurisdictional question before the Gujarat High Court, which rejected it and found SEBI's full-time member had delegated authority under Section 29A of the Securities Contracts Act and Section 19 of the SEBI Act. The Court declined to reopen the issue after the Special Leave Petition from the High Court was dismissed in March 2008, and clarified that the withdrawal order did not prohibit the appellant's subsidiary from operating or its sub-brokers from trading on BSE and NSE. This case analysis is maintained by casestatus.in based on publicly available court records.
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