Court : Mumbai
Decided on : Nov-30-2005
Reported in : 2006(1)BomCR545; [2006]130CompCas227(Bom); [2005]65SCL293(Bom)
..... of the said judgment:'6. the delhi municipal corporation act, 1957 (hereinafter referred to as 'the corporation act') has made provisions for the constitution of the corporation and has prescribed the procedure for election of the councillor, levy of taxes, sanitation and public health. chapter xvi contains provisions regarding erection of buildings within the corporation ..... listed or unlisted and whether in india or abroad.]44. directions by the board:without prejudice to its right to initiate action under chapter via and section 24 of the act, the board may, in the interest of securities market or for protection of interest of investors, issue such directions as it deems ..... the person proceeded against or his lawyer or authorised representative, the offence, alleged to have been committed by such person indicating the provisions of the act, rules or regulations in respect of which contravention is alleged to have taken place.(5) the adjudicating officer shall then give an opportunity to such .....
Tag this Judgment!Court : Mumbai
Decided on : Dec-15-2005
Reported in : [2006]134CompCas324(Bom); [2006]69SCL115(Bom)
..... that even the respondent no. 4 viz. the defaulter committee appointed by respondent nos. 1 and 2, has not complied with the requisitions of chapter xii of the bye-laws and have acted arbitrarily while picking and choosing some of the investors for payment at their own sweet will or upon the conditions which are not recognized by ..... . according to him, the procedure followed by the respondent no. 4- defaulter committee is totally contrary to the security lending scheme, albm scheme and the provisions of chapter xiii of the bye-laws of respondent no. 1 and is also contrary to the object of creation of investors' protection fund.41. the learned counsel for the ..... of the securities and exchange board of india, make bye-laws for the regulation and control of the contracts. rule 18 of the securities contracts (regulation) rules, 1957, provides the manner of publication of bye-laws for criticism, which reads as under:rule 18. manner of publication of bye-laws for criticism.-the bye-laws to .....
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