Court :
HIGH COURT OF DELHI
Brief :
The present petition under Section 34 of the Arbitration & Conciliation Act, 1996 (‘Act’) is directed against the Award dated 25th January 2006 passed by the learned Arbitrator (‘Respondent No.2’) holding that the claims of the Petitioner in respect of Rs.10,000 and Rs.1 lakh deposited in client’s account were barred by limitation as they were raised after the period of six months prescribed by the bye-laws of the National Stock Exchange (‘NSE’). It was further held that the Arbitral Tribunal set up under the bye-laws of the NSE lacked jurisdiction to deal with the claim of the Petitioner with regard to non-compliance of instructions given by him on 17th June 2005 for transfer of 4114 shares as it was an off-market transaction
Citation :
DEBJYOTI GUPTA..... Petitioner Through: None. Versus INDIABULLS SECURITIES LTD. & ANR. ..... Respondents Through: Ms. Pratibha M. Singh with Mr. Sudeep Chatterjee, Mr. Ashwin Kumar and Mr. Ashutosh Kumar,Advocates.
Subscribe to CCI PRO for unlimited access
Already a PRO member? Login here for an ad-free experience.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
CAclubindia
