Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award Holding Put and Call Options in Share Purchase Agreement as Enforceable. The court held that clauses 8.5 and 8.5.1 of the Share Purchase Agreement are not forward contracts or derivatives under SCRA and SEBI circulars, and the Single Judge erred in setting aside the award.
2 Feb 2023The appellants, Percept Finserve Private Limited and Percept Limited, entered into a Share Purchase Agreement with Edelweiss Financial Services Limite...
