C HANAKYA N ATIONAL L AW U NIVERSITY M ITHAPUR , P ATNA C ORPORATE L AW -II “S ECURITIES L ITIGATION IN I NDIA : C ASE S TUDY ON M ULTI C OMMODITY E XCHANGE OF I NDIA VERSUS C ENTRAL E LECTRICITY R EGULATORY C OMMISSION ” Session- 2016 to 2012 Academic Year- 2019 to 2020 S UBMITTED B Y Sakshi Mohan Roll No.-1555 Section A, Fourth Year B.A.L.L.B. (Hons) S UBMITTED TO Mrs Nandita Jha Faculty, Chanakya National Law University 1 | P a g e
R ESEARCH D ESIGN R ESEARCH M ETHODOLOGY The researcher has opted for doctrinal method of research. S OURCES OF D ATA The researcher has relied on secondary sources of data, books, research articles among other. S COPE AND L IMITATION The researcher would endeavour her best to cover the allotted topic, fruitfully, however, due to the field being dynamic in nature and there being paucity of time, the researcher has limited herself to the case study and related legal-market concepts of trading instruments in Electricity. S TYLE OF W RITING The researcher has used both descriptive and analytical style of writing M ODE OF C ITATION The researcher has used uniform mode of citation H YPOTHESIS The researcher has hypothesised that electricity being a commodities market good, the same should be governed by Securities Contract Regulation Act, 1952. 2 | P a g e
A CKNOWLEDGMENT AND D ECLARATION I would like to thank my faculty Mrs Nandita Jha whose assignment of such a relevant topic made me work towards knowing the subject with a greater interest and enthusiasm and moreover he guided me throughout the project. I owe the present accomplishment of my project to my friends, who helped me immensely with sources of research materials throughout the project and without whom I couldn’t have completed it in the present way. I would also like to extend my gratitude to my parents and all those unseen hands who helped me out at every stage of my project. Regards Sakshi Mohan Roll No- 1555 Section A- B.A.L.L.B. (Hons) D ECALARTION I, Sakshi Mohan of IVth Year, Chanakya National Law University, hereby declare that this Project is an original work of the Student and the Researcher shall take all responsibilities which would arise from the said Research Project Titled, ““Securities Litigation in India: Case Study on Multi Commodity Exchange of India versus Central Electricity Regulatory Commission” Details Sakshi Mohan IVth Year, BALLB (Hons) 2016-21 Chanakya National Law University 3 | P a g e
T ABLE OF C ONTENTS Research Design_____________________________________________________________2 Research Methodology______________________________________________________2 Sources of Data____________________________________________________________2 Scope and Limitation_______________________________________________________2 Style of Writing____________________________________________________________2 Mode of Citation___________________________________________________________2 Hypothesis________________________________________________________________2 Acknowledgment and Declaration_______________________________________________3 Decalartion_______________________________________________________________3 Table of Contents____________________________________________________________4 Introduction_________________________________________________________________5 Multi Commodity Exchange versus Central Electricity Regulatory Commission___________6 Facts____________________________________________________________________6 Issues____________________________________________________________________6 Judgment Of The Court______________________________________________________7 Electricity Distinguished_____________________________________________________7 Limited role of FMC and MCX_______________________________________________8 Exclusive jurisdiction -difficult________________________________________________9 Instruments dealing in Electricity under Relevant Law______________________________10 Understanding the Physical and Financial Market for Electricity______________________11 Trading in Electricity: Current Scenario________________________________________12 Proposed Solution___________________________________________________________13 Conclusion_________________________________________________________________14 Bibliography_______________________________________________________________15 4 | P a g e
You've reached the end of your free preview.
Want to read all 16 pages?
- Winter '17
- Central Electricity Regulatory Commission