https://www.taxtmi.com/caselaws?id=103080 The Court held in the case that the moderation of marks in the written test for admission of new members to the Hyderabad Stock Exchange was unfair and violated the Securities Contracts (Regulation) Act and SEBI guidelines. It ruled in favor of the petitioners, directing the Exchange, SEBI, and the Central Government to remove wrongly admitted members, invite fresh applications, and ensure proper screening of applicants. The Court emphasized the public duty of the Exchange in regulating securities transactions and protecting investors, refusing the prayer for a certificate for appeal to the Supreme Court. en-us Thu, 09 May 1996 00:00:00 +0530 Mon, 20 Feb 2012 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103080 The Court held in the case that the moderation of marks in the written test for admission of new members to the Hyderabad Stock Exchange was unfair and violated the Securities Contracts (Regulation) Act and SEBI guidelines. It ruled in favor of the petitioners, directing the Exchange, SEBI, and the Central Government to remove wrongly admitted members, invite fresh applications, and ensure proper screening of applicants. The Court emphasized the public duty of the Exchange in regulating securities transactions and protecting investors, refusing the prayer for a certificate for appeal to the Supreme Court. Case-Laws Companies Law Thu, 09 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103080