https://www.taxtmi.com/caselaws?id=111044 A writ petition against a stock exchange and its trust was maintainable because the investor protection fund claims arose from a public function under a statutory bye-law scheme, not a purely private contract. The claims were governed by the 1996 Guidelines and 2000 Bye-laws in force when they were lodged, and the 2002 Guidelines operated prospectively only. Compensation was available for losses caused by the defaulting trading member, subject to deduction of amounts already received and the prescribed ceiling; rejection based on NEAT-matching and later guidelines was unsustainable. en-us Thu, 15 Dec 2005 00:00:00 +0530 Fri, 20 Apr 2012 10:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111044 A writ petition against a stock exchange and its trust was maintainable because the investor protection fund claims arose from a public function under a statutory bye-law scheme, not a purely private contract. The claims were governed by the 1996 Guidelines and 2000 Bye-laws in force when they were lodged, and the 2002 Guidelines operated prospectively only. Compensation was available for losses caused by the defaulting trading member, subject to deduction of amounts already received and the prescribed ceiling; rejection based on NEAT-matching and later guidelines was unsustainable. Case-Laws Companies Law Thu, 15 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111044