28 of 2009.
As numbericed earlier, due to above dispute the appellant preferred appeal No.
For stock brokers the measure of fee under Schedule III was turnover of the previous year on yearly basis and the same has been replaced by companycept of monthly fee on the basis of monthly turnover.
The dispute between the parties has arisen on account of amended Regulations effective from 1.10.2006 introducing Schedule IIIA into the Regulations.
SHIVA KIRTI SINGH, J. This is a statutory appeal preferred under Section 15Z of the Securities and Exchange Board of India Act, 1992 for brevity the Act against the judgment and order dated 11th February, 2010 passed by the Securities Appellate Tribunal, Mumbai for brevity the SAT in Appeal No.
