https://www.taxtmi.com/caselaws?id=104939 The court upheld the validity of the additional disqualification imposed by the stock exchange under Article 74(2) of its Articles of Association. It ruled that the Securities Contracts (Regulation) Act, 1956 allowed for such additional disqualifications to ensure proper governance of stock exchanges, overriding the Companies Act. The petition challenging the disqualification was dismissed, affirming the stock exchange's rule requiring three years of membership before contesting elections to the governing council. en-us Tue, 21 Sep 1999 00:00:00 +0530 Thu, 01 Mar 2012 18:12:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104939 The court upheld the validity of the additional disqualification imposed by the stock exchange under Article 74(2) of its Articles of Association. It ruled that the Securities Contracts (Regulation) Act, 1956 allowed for such additional disqualifications to ensure proper governance of stock exchanges, overriding the Companies Act. The petition challenging the disqualification was dismissed, affirming the stock exchange's rule requiring three years of membership before contesting elections to the governing council. Case-Laws Companies Law Tue, 21 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104939