Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Broker Dispute — Upholds Finding of Fraud and Limitation Based on SEBI Circular. The Court held that the Arbitrator's findings on limitation and fraud were plausible and not perverse, and the petition lacked merit under Section 34 of the Arbitration and Conciliation Act, 1996.
27 Jan 2014The Petitioner, Reliance Securities Limited, a stock broker and member of the National Stock Exchange, filed a petition under Section 34 of the Arbitr...
