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Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Broker Dispute Over Unreturned Shares. Concurrent findings of arbitral tribunals that stock broker failed to return client's shares and dividends upheld under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Manoj Javeri Stock Broking Pvt. Ltd., a member of the Bombay Stock Exchange, challenged an arbitral award and appellate award dated 17...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Stock Broker Dispute Over Unreturned Shares. Concurrent findings of arbitral tribunals that stock broker failed to return client's shares and dividends upheld under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Manoj Javeri Stock Broking Pvt. Ltd., a member of the Bombay Stock Exchange, challenged an arbitral award and appellate award dated 17...

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Bombay High Court Quashes Reappointment of Superintendent in Gurudwara Board Case Due to Lack of Statutory Approval. Pay Fixation Set Aside as Contrary to Prescribed Pay Band Under Maharashtra Act No. XXV of 1956.

The petitioners, Sardar Surinder Singh and Sardar Ravinder Singh, members of the Sikh community, filed a writ petition challenging the order dated 21....

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Bombay High Court Dismisses Petition Challenging Minister's Order in Cooperative Society Election Dispute. Court upholds Minister's appellate order directing election of 16 members from each division under byelaws, rejecting challenge based on alleged lack of jurisdiction.

The petitioners, members of a cooperative society affiliated with Respondent No. 5, challenged an order dated 29.1.1999 passed by the Minister of Stat...

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Supreme Court Upholds Expulsion of Trading Member for Violating Gross Exposure Limits and Failing to Maintain Capital Adequacy. Securities Contracts (Regulation) Act, 1956 - Section 22F - Appeal against Securities Appellate Tribunal order upholding expulsion from National Stock Exchange membership.

The appellant, Rusoday Securities Ltd., was a trading member of the National Stock Exchange of India Ltd. (NSE) since November 1994 and gave an undert...