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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Telecom Billing Dispute — Claim Barred by Section 15 of TRAI Act, 1997. Counterclaim for unpaid bills upheld with 12% interest as petitioner failed to challenge tariff orders before TRAI or Appellate Tribunal.

The petitioner, M/s. Kansan Communications Pvt. Ltd., filed an Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996, ch...