SAT quashes BSE order against Ashika Stock Broking

Image
Press Trust of India Mumbai
Last Updated : Apr 03 2014 | 7:38 PM IST
The Securities Appellate Tribunal (SAT) today set aside BSE's order against Ashika Stock Broking while directing the bourse to pass a fresh order in the matter within four months.
"...Impugned order dated October 25, 2013 is quashed and set aside and the matter is restored to the file of respondents (BSE and Indian Clearing Corporation)," SAT said in an order.
"Respondents are directed to pass fresh order on merits and in accordance with law after giving personal hearing to the appellant as early as possible and preferably within four months from today," SAT added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 03 2014 | 7:38 PM IST

Next Story