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 2012The petitioner, Manjula Arvind Thakkar, challenged an arbitral award dated 10 February 2010 passed by the Arbitral Tribunal constituted under the Byel...
