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Daksh (Student)     07 May 2010

DELHI HIGH COURT STAYS ORDER OF BRINGING STOCK EXCHANGES UND

Nirav,

That's only an interim order subject to the final outcome of the matter.  As it is evident from the perusal of the post under reply prima facie the appellate court has found out some cogent reason to entertain the petition and it is upon the appellant to satisfy what irreparable harm would be caused to it or is there any other plausible reason that this stay be confirmed being absolute.  Let's see the final outcome of the matter. By the way thanks a tonne for making all of us aware about the same.

Best Regards

Daksh



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 1 Replies

Daksh (Student)     07 May 2010

Nirav,

That's only an interim order subject to the final outcome of the matter.  As it is evident from the perusal of the post under reply prima facie the appellate court has found out some cogent reason to entertain the petition and it is upon the appellant to satisfy what irreparable harm would be caused to it or is there any other plausible reason that this stay be confirmed being absolute.  Let's see the final outcome of the matter. By the way thanks a tonne for making all of us aware about the same.

Best Regards

Daksh


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