Securities Contracts (Regulation) Act, 1956 – Section 22F – It is settled law that statutory appeal is a continuation of the original proceedings and once an appeal was filed, the question of expulsion remained subjudice unto these appeals.
SUPREME COURT OF INDIA DIVISION BENCH RUSODAY SECURITIES LIMITED — Appellant Vs. NATIONAL STOCK EXCHANGE OF INDIA LIMITED AND OTHERS — Respondent ( Before : A.M. Khanwilkar and Dinesh Maheshwari,…