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    <title>1993 (12) TMI 240 - BOMBAY HIGH COURT</title>
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    <description>The court clarified that under Section 15 of the Trade Unions Act, 1926, trade unions cannot engage in speculative activities or profit-making ventures. It ruled against office bearers purchasing shares in their personal capacity, emphasizing adherence to the union&#039;s constitution and prohibiting speculative financial transactions. The judgment highlighted the importance of upholding the core principles of trade unions, directing a reassessment of the case in line with the court&#039;s findings by setting aside the Industrial Court&#039;s ruling.</description>
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