0370-2021 YES Bank Limited vs NSE Clearing Limited and Another
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Full text
“Penalty” is a slippery word and it has to be understood in the context in which it is used in a given statute. A penalty may be the subject-matter of a breach of statutory duty or it may be the subject-matter of a complaint. In ordinary parlance, the proceedings may cover penalties for avoidance of civil liabilities which do not constitute offences against the State.”
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Hearing : 10.02.2023 Date of Decision : 15.12.2023
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Source: SecMarx — 0370-2021 YES Bank Limited vs NSE Clearing Limited and Another. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.