0256-2004 Sanghavi Brothers Brokerage Limited and Others vs Securities and Exchange Board of India
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Full text
“I. Fees to be paid by the Stock-Broker 1. … … … .. (a) … … … … (b) … … … … (c) after the expiry of five financial years from the date of initial registration as a stock-broker, he shall pay a sum of rupees five thousand for every block of five financial years commencing from the sixth financial year after the date of grant of initial registration to keep his registration in force” A reading of the aforesaid clause (c) leaves no room for doubt that after the
IN THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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Source: SecMarx — 0256-2004 Sanghavi Brothers Brokerage Limited and Others vs Securities and Exchange Board of India. 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.