Stock Exchange Reforms — Landmark Events

Landmark Events

Harshad Mehta Scam (1992) and subsequent investigations

1992-1993

While not a single judgment, the investigations and subsequent legal actions following the Harshad Mehta scam were pivotal in accelerating stock exchange reforms. The scam exposed…

Sahara India Real Estate Corporation Ltd. & Ors. vs. Securities and Exchange Board of India & Anr.

2012

This landmark Supreme Court judgment affirmed SEBI's wide-ranging powers to protect investors and regulate the securities market, even in cases involving instruments not…