https://www.taxtmi.com/caselaws?id=285194 The Tribunal dismissed the appeal challenging the National Stock Exchange Ltd.'s communication on the admissibility of a claim against an expelled member. Despite the claim being found admissible for a higher amount, the Tribunal upheld NSE's decision to restrict the maximum payable amount from the Investor Protection Fund to Rs. 15 lakh, citing NSE's guidelines. The appellant's argument based on SEBI's order was rejected, and the Tribunal found no merit in the contentions raised, ultimately dismissing the appeal without costs. en-us Thu, 04 Jan 2018 00:00:00 +0530 Wed, 01 Jan 2020 16:18:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285194 The Tribunal dismissed the appeal challenging the National Stock Exchange Ltd.'s communication on the admissibility of a claim against an expelled member. Despite the claim being found admissible for a higher amount, the Tribunal upheld NSE's decision to restrict the maximum payable amount from the Investor Protection Fund to Rs. 15 lakh, citing NSE's guidelines. The appellant's argument based on SEBI's order was rejected, and the Tribunal found no merit in the contentions raised, ultimately dismissing the appeal without costs. Case-Laws SEBI Thu, 04 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285194