2017-TIOLCORP-17-HC-MUM-MISC
Manoj Javeri Stock Broking Pvt Ltd Vs Gopika S Mehta
Whether there exists a relationship of trust between Share broker and it's constituent - YES: HC
Whether it amounts to breach of trust when certain shares handed over to the stock broker for safe keeping have been lost - YES : HC
Whether such stock broker is liable to pay damages for failing to return the shares to the rightful owner - YES: HC
Whether such dishonest conduct of the stock broker shall be subject to arbitration mechanism under the bye-laws of the stock exchange - YES: HC
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Petition Dismissed: BOMBAY HIGH COURT