Legal Question in Civil Litigation in India

where can the nse arbitration award be challenged

a client defaulted on a payment for which the broker went for arbitration. the panel gave an award in the brokers favour and ased the client to pay the money with interest. the arbitration took place in mumbai and the member clien agreement mentioned the jurisdiction as mumbai. the client is based in nasik (maharashtra,india). my question is.

1) if the client has to challenge the award in the court.. which is the appropriate court for the same.

2) in the award it mentions ' the award can be challenged in the appopriate court' what does appropriate court mean ?

3) can u pls quote a citation for the same. thanks


Asked on 7/05/09, 1:41 pm

3 Answers from Attorneys
Pranav Desai PD Legal & Associates

Re: where can the nse arbitration award be challenged

1) High Court

2) Same as above

3) Contact a local lawyer.

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Answered on 7/08/09, 1:09 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: where can the nse arbitration award be challenged

1) Mumbai

2) the place of jurisdiction

You may contact a lawyer for further help.

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Answered on 7/07/09, 12:09 am
Rohini Kumar Tenneti R.K.1080 LEGAL SERVICES

Re: where can the nse arbitration award be challenged

You may contact a local lawyer.

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Answered on 7/06/09, 5:42 am


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