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Search Results for "NIFTY"

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High Court

Bombay High Court Upholds Arbitral Award in Waste Management Contract Dispute — Finds No Perversity in Tribunal's Interpretation of Price Escalation and Jurisdiction Over Merged Area. The Court held that the arbitral award was rational and plausible, rejecting challenges under Section 34 of the Arbitration and Conciliation Act, 1996 regarding Ghansoli Area coverage, price escalation cap, and interest rate.

18 Mar 2025

The dispute arose from a contract between Navi Mumbai Municipal Corporation (NMMC) and Antony Waste Handling Cell Pvt. Ltd. for collection and transpo...

High Court

Arbitration Amidst Disputed Insurance Claims. Navigating jurisdictional challenges and contractual non-disclosure in arbitration under the Arbitration and Conciliation Act, 1996.

19 Dec 2024

A Commercial Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award for its alleged failur...

High Court

Bombay High Court Dismisses Petition Challenging Appellate Arbitral Award in Stock Broker Dispute — Upholds Finding That Trades Were Authorized by Client. Court holds that under Section 34 of the Arbitration and Conciliation Act, 1996, the arbitral award is not patently illegal or perverse and does not warrant interference.

17 Sep 2019

The petitioner, Vinod Kumar Sharma, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dat...

High Court

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.

19 Nov 2012

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

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 Allows Writ Petition Challenging Transfer Pricing Reference and Order for Lack of Proper Approval Under Section 92D of Income-tax Act, 1961. The court held that the reference made by the Assessing Officer to the Transfer Pricing Officer without obtaining the requisite approval was invalid, and the subsequent order of the TPO was also invalid.

23 Dec 2011

The petitioner, M/s. Hindalco Industries Ltd., filed a writ petition under Article 226 of the Constitution challenging (i) an order dated 31 October 2...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in NIFTY Trade Dispute. Court upholds arbitral tribunal's finding that petitioners failed to prove unauthorized trade and that credit note was accepted without objection.

11 Feb 2010

The petitioners, Intex Financial Services Pvt. Ltd. and its director Dinesh Mehta, filed a petition under Section 34 of the Arbitration and Conciliati...

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