Plea before Bombay High Court seeks return of shares lying with NSE, compensation for loss

Senior Advocate Venkatesh Dhond, appearing for the NSE, sought time to respond to the petition on Wednesday which was granted by Bench of Justices SV Gangapurwala and RN Laddha.
National Stock Exchange
National Stock Exchange

In a first of its kind, a petition has been filed before the Bombay High Court seeking return of shares lying with the National Stock Exchange, the national market regulator, after an approved intermediary with the NSE was declared as a defaulter [Pushpa Shah & Anr. v. National Stock Exchange & Anr.]

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