0080-2020 Edelweiss Custodial Services Limited vs NSE Clearing Limited and Others
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“I consider that the word ‘penalty’ falls to be read in a wide popular sense, … and I select two definitions adequately conveying that sense. The late Mr. Roberton Christie (The Encyclopedia, Vol. 11, p. 204) said : ‘Penalty in the broad sense may be defined as any suffering in person or property by way of forfeiture, deprivation or disability, imposed as a punishment by law or judicial authority in respect of … an act prohibited by statute.’ The Oxford Dictionary echoes the same wide conception by referring to ‘a loss, disability or disadvantage of some kind … fixed by law for som
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Hearing : 10.02.2023 Date of Decision : 15.12.2023
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Source: SecMarx — 0080-2020 Edelweiss Custodial Services Limited vs NSE Clearing Limited and Others. 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.