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
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
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
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
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
issue. If that be so, the appeal is not maintainable under Section 23L of the
Securities Contracts (Regulation) Act, 1956 (for short the Act), since ... appeal filed by the appellants fall within the ambit
of Section 23L of the Act. According to him, the issuer has not complied with
appealable under Section 23-L.
13. The catch is that section 23L of SCR Act, 1956 does not refer to any order under Section ... deals with procedure for corporatisation and demutualization of the Stock Exchanges. Section 23L also refers to appeals to the Tribunal under sections
entitled to prefer an appeal before this Tribunal as provided
under Section 23L of the Securities Contracts (Regulation)
Act, 1956. Relevant provision is as under ... Section 23L in The Securities Contracts (Regulation)
Act, 1956
23L. Appeal to Securities Appellate Tribunal.--
(1) Any person aggrieved, by the order or decision
CEGAT Collector of 1985 (21) E.L.T. 23l
Central Excise,
Indore v.
Parmali Wallace
Ltd.
11. CEGAT British Indian
order forwarded to:
1. Appellant - Shri Gautam Jhunjhunwala, Flat No. 23L, tower-3, South
City, 375, Prince Anwar Shah Road, Kolkata-700 068.
2 Respondent
