Search Results for "BSE Byelaws"

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Search Results for "BSE Byelaws"

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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

High Court of Bombay Dismisses Broker's Challenge to Arbitral Award in Client Dispute Over Delay Paying Charges. Unilateral Charging of 2% Daily Interest Without Specific Agreement or Proof of Loss Held Unconscionable and Not Enforceable Under Section 34 of Arbitration and Conciliation Act, 1996.

7 Mar 2012

The case involves a dispute between Sharekhan Limited, a trading member/broker of the Bombay Stock Exchange (BSE), and Nita Thakkar, a client. The bro...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Exchange Dispute — Arbitrator's Refusal to Entertain Counterclaim Upheld as Within Jurisdiction. The court held that the arbitrator's decision to refrain from adjudicating the counterclaim regarding surplus in NSE capital market was within his jurisdiction and did not warrant interference under Section 34 of the Arbitration and Conciliation Act, 1996.

8 Mar 2013

The petitioner, Uttam Chand Garg, challenged an arbitral award dated 16th March 2009 passed by a sole arbitrator under the byelaws of the National Sto...

High Court

Bombay High Court Partially Allows Arbitration Petition Challenging Rejection of Counterclaim on Limitation Grounds. Court holds that limitation for counterclaim in arbitration under BSE Byelaws runs from date of filing of claim, not from accrual of cause of action.

2 Nov 2012

The Petitioner, Hansraj Sohanlal Gouthi, HUF, through its Karta Ravi Gouthi, challenged an arbitral award dated 13 July 2009 passed by the Arbitral Tr...

High Court

Bombay High Court Allows Appeal Against Rejection of Section 34 Petition by City Civil Court, Holding City Civil Court is Not a 'Court' Under Section 2(1)(e) of Arbitration Act. The Court set aside the order and remanded the matter for fresh consideration by the proper court.

2 Mar 2012

The appellant, a share broker, purchased 100 shares of Odyssey Technology Limited on behalf of a client. The shares were sent for registration but onl...

High Court

Bombay High Court Dismisses Challenge to Arbitral Award in Stock Broker Dispute — Group Adjustment Letter Authorized Set-off of Losses Across Family Accounts. The court upheld the arbitral award rejecting the client's claim for unauthorized trades and wrongful disposal of shares, holding that the group adjustment letter was binding and the client failed to prove unauthorized trades.

27 Feb 2012

The petitioner, Manjula Arvind Thakkar, challenged an arbitral award dated 10 February 2010 passed by the Arbitral Tribunal constituted under the Byel...

High Court

Bombay High Court Dismisses Arbitration Petition Challenging Award Under BSE Byelaws — Unconditional Withdrawal and Limitation Bar Second Reference. Held that withdrawal of first reference without liberty to file fresh application and filing beyond six months from last transaction under Byelaw 252(2) renders second reference not maintainable.

8 Mar 2013

The petitioner, Motilal Oswal Securities Ltd., a trading member of the Bombay Stock Exchange (BSE), filed an Arbitration Petition under Section 34 of ...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Share Trading Dispute — Upholds Arbitrators' Findings on Contract Notes and Liability. Court holds that failure to object to contract notes within reasonable time amounts to acceptance under NSE Bye-Laws and that arbitral tribunal's findings on facts and law are not open to challenge under Section 34 of the Arbitration and Conciliation Act, 1996.

18 Jan 2014

The petitioner, Harinarayan Bajaj, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award date...

High Court

Bombay High Court Sets Aside Arbitral Award on Limitation Grounds in Light of SEBI Circulars Extending Limitation Period from Six Months to Three Years. The court remitted the matter to the Arbitral Tribunal for reconsideration of limitation under the extended period.

27 Feb 2012

The petitioner, India Infoline Limited, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award ...

High Court

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.

27 Feb 2012

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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