https://www.taxtmi.com/caselaws?id=108745 A challenge to a notification and statutory attachment under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 was held to lie before the Special Court, because the Act created an overriding, self-contained scheme for notifications, attachments, cancellations and objections; the writ court was therefore not the proper forum. The Calcutta Stock Exchange had merely acted on the Custodian's communication as an implementing agency, and the Article 12 finding against it was set aside because the point was incidental and the factual record was insufficient to determine State character. The writ petitioner's appeal failed, while the exchange's appeal succeeded. en-us Fri, 19 Jul 2002 00:00:00 +0530 Tue, 03 Apr 2012 16:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108745 A challenge to a notification and statutory attachment under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 was held to lie before the Special Court, because the Act created an overriding, self-contained scheme for notifications, attachments, cancellations and objections; the writ court was therefore not the proper forum. The Calcutta Stock Exchange had merely acted on the Custodian's communication as an implementing agency, and the Article 12 finding against it was set aside because the point was incidental and the factual record was insufficient to determine State character. The writ petitioner's appeal failed, while the exchange's appeal succeeded. Case-Laws Companies Law Fri, 19 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108745