Bombay High Court Sets Aside Arbitral Award in Share Broker Dispute for Ignoring Material Evidence and NSE Bye-laws. The court held that the arbitrator's failure to consider the petitioner's evidence and the bye-laws rendered the award perverse and liable to be set aside under Section 34 of the Arbitration and Conciliation Act, 1996.
14 Mar 2013The petitioner, M/s. Angel Capital & Debt Market Limited, a share broker, challenged an arbitral award dated 13 November 2009 passed by a sole arbitra...




