https://www.taxtmi.com/caselaws?id=235151 The Tribunal held that the appeal was not maintainable under Section 23L of the Securities Contracts (Regulation) Act, 1956. The appellants' grievances did not directly stem from the National Stock Exchange's decision on listing approval, and the relief sought exceeded the jurisdiction of the Tribunal. As the appellants did not challenge the permission granted for the rights issue, the Tribunal found no legal injury caused by the listing approval. Therefore, the appeal was dismissed on grounds of maintainability without addressing the case's merits, and no costs were awarded. en-us Fri, 08 Feb 2013 00:00:00 +0530 Tue, 09 Apr 2013 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235151 The Tribunal held that the appeal was not maintainable under Section 23L of the Securities Contracts (Regulation) Act, 1956. The appellants' grievances did not directly stem from the National Stock Exchange's decision on listing approval, and the relief sought exceeded the jurisdiction of the Tribunal. As the appellants did not challenge the permission granted for the rights issue, the Tribunal found no legal injury caused by the listing approval. Therefore, the appeal was dismissed on grounds of maintainability without addressing the case's merits, and no costs were awarded. Case-Laws Companies Law Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235151