2020-TIOLCORP-16-HC-DEL-MISC

First Global Stock Broking Pvt Ltd Vs Tarun Gupta

Whether if the stock broker fails to establish that the trades undertaken by the account holder were on prior written instructions, the exemption to compensate for trade losses incurred by the investor which were entrusted to the broker is not available - YES: HC

Whether where the factual finding of the NSE Arbitral Tribunal has been corrected in a section 34 petition, no appeal before the division bench lie u/s 37 - YES: HC

- Appeal dismissed: DELHI HIGH COURT

2020-TIOLCORP-15-HC-MUM-MISC

Kingfisher Finvest India Ltd Vs Zuari Fertilisers and Chemicals

Whether the arbitral award warrants interference u/s 34 on the ground that the arbitrator did not appreciated the evidence correctly where in fact the arbitrator is the only jugde of the sufficiency of such evidence - NO: HC

- Petition dismissed: BOMBAY HIGH COURT