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Search Results for "Challenge to award"

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High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Broker Dispute Over Unreturned Shares. Concurrent findings of arbitral tribunals that stock broker failed to return client's shares and dividends upheld under Section 34 of Arbitration and Conciliation Act, 1996.

30 Jan 2017

The petitioner, Manoj Javeri Stock Broking Pvt. Ltd., a member of the Bombay Stock Exchange, challenged an arbitral award and appellate award dated 17...

High Court

High Court of Bombay Dismisses Petition Challenging Arbitral Award in Contract Dispute — Price Revision Upheld as Valid Modification. Letter dated 28 June 1999 held to have modified the terms of the Purchase Order, allowing recoveries and adjustments per letter dated 31 October 2000.

13 Dec 2012

The petitioner, M/s. JCL International Ltd., entered into a contract with the respondent, Bharat Petroleum Corporation Ltd., on 1 May 1999 for the sup...

High Court

Bombay High Court Partially Allows Challenge to Arbitral Award in Contract Dispute Over Dewatering Claims. Court sets aside majority award's rejection of dewatering claim for additional stretch, remits for fresh consideration.

1 Nov 2012

The Petitioner, an Austrian contracting company, challenged a majority arbitral award dated 11 July 2007 that dismissed its claim for payment of dewat...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Sub-Brokerage Dispute — Upholds Appellate Bench Decision of Bombay Stock Exchange. Court holds that findings of fact by arbitral tribunal and appellate bench are not liable to be interfered with under Section 34 of the Arbitration and Conciliation Act, 1996 unless perverse or contrary to public policy.

9 Oct 2012

The petitioner, M/s. Actal, a sole proprietorship concern engaged in trading in shares, insurance, bonds, mutual funds, etc., was associated with the ...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Stock Trading Dispute — No Interference Under Section 34 of Arbitration Act as Award Not Found to be Patently Illegal or Contrary to Public Policy. The court upheld the arbitrator's findings that the respondent was entitled to recover the amount due from the petitioner for squared-off positions, rejecting the petitioner's counterclaim.

17 Sep 2012

The petitioner, Kritika Nagpal, appointed the respondent, Geojit Financial Services Ltd., to effect transactions on the Futures & Options Segment of t...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Pipeline Construction Dispute. Court upholds arbitrator's findings on breach of contract and quantum of damages, rejecting challenge under Section 34 of Arbitration and Conciliation Act, 1996.

9 Mar 2012

The petitioner, Mahanagar Gas Ltd., challenged an arbitral award dated 5th March 2010 passed by a sole arbitrator under Section 34 of the Arbitration ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitration Award in Stock Broker Dispute — Upholds Award for Losses Due to Unauthorized Squaring Off of Positions. The court held that the arbitral award was based on evidence and reasoning, and no ground for interference under Section 34 of the Arbitration and Conciliation Act, 1996 was made out.

5 Mar 2012

The case involves a challenge by HSBC InvestDirect Securities (India) Ltd. (formerly IL & FS Investsmart Securities Ltd.), a stock broker registered w...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Stock Trading Dispute — Upholds Arbitrator's Findings on Debit Balance and Share Valuation. The Court held that the arbitrator's award was not perverse or contrary to law, and that the scope of interference under Section 34 of the Arbitration and Conciliation Act, 1996 is limited.

14 Feb 2012

The petitioner, Mahesh Daulatram Changrani, was a constituent/client of the respondent, Religare Securities Ltd., a trading member of the National Sto...

High Court

Bombay High Court Dismisses Revision Against Rejection of Section 47 CPC Application in Arbitration Execution — Judgment Debtor Cannot Re-litigate Arbitral Award Validity in Execution Proceedings

8 Jun 2011

The petitioner, M/s Sira Constructions, was the judgment debtor in an execution proceeding arising from an arbitral award passed under the Arbitration...

High Court

High Court of Bombay Dismisses Petition Challenging Arbitral Award in Construction Contract Dispute — Rejects Challenge Under Section 34 of Arbitration and Conciliation Act, 1996. Court holds that findings of fact by arbitrator are not open to reappraisal and that the arbitrator's interpretation of contract terms is final unless perverse.

14 Jan 2011

The petitioner, Indian Oil Corporation Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral a...

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