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Bombay High Court Dismisses Arbitration Petition Challenging Award Rejecting Claim for Unauthorised Transactions in Stock Broker Account. Court upholds arbitral finding that claim was barred by limitation and lacked merit due to acknowledgments of contract notes.

The petitioner, a constituent of the respondent stock broker, filed an arbitration petition challenging an award dated 7th January 2011 that rejected ...

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Bombay High Court Allows Revenue Appeal in Part on Mutuality Principle for Effluent Treatment Association. Interest on Bank Deposits Held Taxable as Income from Investments, Not Covered by Mutuality.

The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 against a decision of the Income Tax Appellate Tribunal for ...

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Bombay High Court Sets Aside Arbitral Award on Limitation Grounds in Light of SEBI Circulars Extending Limitation Period from Six Months to Three Years. The court remitted the matter to the Arbitral Tribunal for reconsideration of limitation under the extended period.

The petitioner, India Infoline Limited, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award ...