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    <title>2001 (1) TMI 874 - HIGH COURT OF MADHYA PRADESH</title>
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    <description>Writ jurisdiction under Articles 226 and 227 cannot be used to direct regulatory bodies to frame or modify broad policy on share pricing or premium; the court may examine and remedy specific administrative actions pleaded within the four corners of a petition but must refrain from issuing general policy directions that fall within the exclusive domain of the executive/regulators. Consequently, wide-ranging requests in a public interest petition for regulatory policy formulation were rejected and relief was denied to the petitioner in favour of the respondent.</description>
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      <description>Writ jurisdiction under Articles 226 and 227 cannot be used to direct regulatory bodies to frame or modify broad policy on share pricing or premium; the court may examine and remedy specific administrative actions pleaded within the four corners of a petition but must refrain from issuing general policy directions that fall within the exclusive domain of the executive/regulators. Consequently, wide-ranging requests in a public interest petition for regulatory policy formulation were rejected and relief was denied to the petitioner in favour of the respondent.</description>
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