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    <title>1992 (3) TMI 277 - HIGH COURT OF MADRAS</title>
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    <description>The court upheld the recognition granted to Coimbatore Limited, dismissing the writ appeals and subsequent petitions. It found that the Government followed due process and acted within the legal framework, rejecting arguments against the legitimacy of the recognition and the fairness of the Government&#039;s actions. The court concluded that Coimbatore Limited was eligible to apply for recognition as a stock exchange and that the disqualification of signatories to the memorandum of association did not invalidate the recognition.</description>
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