Bombay High Court Dismisses Petition Challenging Arbitrator's Jurisdiction in Cooperative Bank Dispute — Allegations of Fraud Not Sufficient to Oust Arbitration Under MSCS Act. The court held that mere allegations of fraud without material particulars do not oust the jurisdiction of the arbitral tribunal appointed under Section 84 of the Multi State Cooperative Societies Act, 2002, and the arbitrator's decision to decide the issue along with the main petition was proper.
17 Jun 2013The petitioner, Rajesh M. Mahtani, was a respondent in arbitration proceedings initiated by the Bombay Mercantile Coop. Bank Ltd. under Section 84 of ...




