https://www.taxtmi.com/caselaws?id=196471 The Court dismissed the petition challenging restrictions on the fundamental right to carry on business in shares, the validity of a notification under the Securities Contracts (Regulation) Act, 1956, and the classification of members of a stock exchange. The Court held that the restrictions were reasonable, did not bar the petitioner from becoming a member, and were necessary for regulating stock exchange business in the public interest. The petitioner failed to prove that the classification of members violated the guarantee of equal protection. The petition was dismissed with costs. en-us Wed, 17 Aug 1960 00:00:00 +0530 Sat, 02 Dec 2017 10:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196471 The Court dismissed the petition challenging restrictions on the fundamental right to carry on business in shares, the validity of a notification under the Securities Contracts (Regulation) Act, 1956, and the classification of members of a stock exchange. The Court held that the restrictions were reasonable, did not bar the petitioner from becoming a member, and were necessary for regulating stock exchange business in the public interest. The petitioner failed to prove that the classification of members violated the guarantee of equal protection. The petition was dismissed with costs. Case-Laws Indian Laws Wed, 17 Aug 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196471