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Supreme Court Upholds 2020 Tribunal Rules with Modifications to Ensure Judicial Independence. Court directs changes to Search-cum-Selection Committee composition and member qualifications to align with constitutional principles.

The Supreme Court of India was called upon to decide the constitutional validity of the Tribunal, Appellate Tribunal and other Authorities (Qualificat...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...

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Supreme Court Dismisses Advocate's Petition Alleging Registry Discrimination in Listing Cases. Petition Under Article 32 Found Unmaintainable Due to Careless Conduct and Lack of Evidence, with Court Upholding Registry's Functioning During COVID-19 Pandemic.

The petitioner, an advocate practicing in the Supreme Court, filed a writ petition under Article 32 of the Constitution of India against officers of t...

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Supreme Court Directs Execution of Share Purchase Agreement in Corporate Dispute Over IT Park Acquisition. Court holds that SPA is necessary to effectuate earlier order and does not prejudice rights of respondents.

The Supreme Court disposed of a miscellaneous application in a civil appeal concerning the acquisition of shares in I.T. Infrastructure Park Pvt. Ltd....