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    <title>2003 (10) TMI 413 - HIGH COURT OF ALLAHABAD</title>
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    <description>A private stock exchange association is amenable to writ jurisdiction only if it is a State instrumentality or otherwise discharges a public duty under Article 226. An association governed by its own rules and bye-laws, without statutory force, deep or pervasive State control, or financial aid, does not satisfy that test. Mere supervisory regulation by the authority, including power to supersede the board in an appropriate case, is not enough to convert the body into the State or make its internal disciplinary and membership decisions subject to writ review. Relief against such internal orders must therefore be sought before the appropriate forum.</description>
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    <pubDate>Thu, 30 Oct 2003 00:00:00 +0530</pubDate>
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      <title>2003 (10) TMI 413 - HIGH COURT OF ALLAHABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=109464</link>
      <description>A private stock exchange association is amenable to writ jurisdiction only if it is a State instrumentality or otherwise discharges a public duty under Article 226. An association governed by its own rules and bye-laws, without statutory force, deep or pervasive State control, or financial aid, does not satisfy that test. Mere supervisory regulation by the authority, including power to supersede the board in an appropriate case, is not enough to convert the body into the State or make its internal disciplinary and membership decisions subject to writ review. Relief against such internal orders must therefore be sought before the appropriate forum.</description>
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      <pubDate>Thu, 30 Oct 2003 00:00:00 +0530</pubDate>
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