Section 23L in The Securities Contracts (Regulation) Act, 1956
23L. Appeal to Securities Appellate Tribunal.
(1) Any person aggrieved, by the order or decision
appeal may be filed before the Securities Appellate Tribunal under section 23L and the fees payable in respect of such appeal; (i) any other matter
India Act, 1992 shall apply. (4) No appeal shall lie under section 23L against any order passed by the Board or the adjudicating officer
passed by the adjudicating officer or disposal of the appeal under section 23L, whichever is earlier
provisions of the Securities Contracts (Regulation) Act, 1956
particularly Sections 31 , 21A , 23L and 23F of the Act of 1956 in support
of his contention ... Section 21A of the Securities Contracts (Regulation) Act, 1956.
Provisions of Section 23L of the Act of 1956 have also been relied upon
to suggest
reference to appeal before the Securities Appellate Tribunal under section 23L of this Act. (2) The Recovery Officer shall be empowered to seek the assistance
shares at ` 9.07 per equity share has filed the appeal
under Section 23L of the Securities Contracts (Regulation) Act, 1956
(hereinafter referred ... filed under Section 21A of the SCRA and not under
Section 23L . It was further contended, that the period for filing the
appeal cannot
involved in this case is a Bolero car bearing registration No. UP-23L-9083,
which at the relevant time of accident was being driven ... Road, all of a sudden, the offending
vehicle bearing registration No. UP-23L-9083, which was being driven by
respondent no. 1 on wrong side
ISSL is not
maintainable inasmuch as no appeal lies under Section 23L of
19
the Securities Contract (Regulation) Act, 1956 (hereinafter
referred to as SCRA ... parties at some length.
16. The appeal has been filed under Section 23L of the
SCRA Act. For facility, the said provision is extracted
hereunder
entertaining the suit by the civil court by taking help of Section 23L of the Securities Contracts (Regulation) Act, 1956 (for short ... then the plaintiff could have preferred appeal under Section 23L of the Act of 1956. Not only this but in a case where the suspension
