0245-2019 Kaynet Capital Ltd vs BSE Limited and Another

SAT · Final order

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Full text

“13. A member shall be entitled to be summoned before the relevant authority and afforded an opportunity for explanation before being suspended or expelled but in all cases the findings of the relevant authority shall be final and conclusive. 13A(a). Notwithstanding what is contained in clause (13) herein above if in the opinion of the Managing Director / relevant authority, it is necessary to do so, he / it may, for reasons to be recorded in writing, temporarily suspend a member, pending completion of the proceedings for suspension under this chapter by the relevant authority,

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

DATE : 12.06.2019

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Source: SecMarx — 0245-2019 Kaynet Capital Ltd vs BSE 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.