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Bombay High Court Dismisses Petition Challenging Arbitral Award in Favor of Client Against Trading Member for Unauthorized Trades. Award of Rs.6,59,634.54 with interest upheld as not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

The petitioner, Angel Broking Private Limited, a trading member, challenged an arbitral award dated 29 August 2009 passed by a sole arbitrator appoint...

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Bombay High Court Dismisses Revision Against CBI Investigation Order in NSEL Scam Case. Court holds that an applicant not an accused has no locus standi to challenge investigation orders under Section 397 CrPC.

The applicant, Jignesh Prakash Shah, filed a Criminal Revision Application under Section 397 of the Code of Criminal Procedure, 1973 (CrPC) before the...