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Bombay High Court Upholds Arbitral Award in Favor of Sharebroker in Time-Barred Claim Dispute. Limitation Period for Quarterly Settlement Runs from End of Quarter Under Article 113 of Limitation Act, 1963.

The petitioner, Mukesh Mansukhbhai Kanani, challenged an arbitral award passed by the Appellate Arbitral Tribunal of the National Stock Exchange, whic...

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Bombay High Court Sets Aside Arbitral Award in Stock Broker Dispute for Lack of Reasons and Non-Consideration of Margin Requirements. Award under Section 34 of Arbitration and Conciliation Act, 1996 set aside as Arbitrator failed to consider deposit and margin obligations of client.

The Petitioner, Anand Rathi Share and Stock Brokers Ltd., a share and stock broker and member of NSE, challenged an arbitral award dated 15 October 20...

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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 ...