https://www.taxtmi.com/caselaws?id=104734 A dispute over nomination and transfer of a stock exchange membership card was treated as falling within the exchange's regulatory framework and, on that basis, was held capable of reference to arbitration under bye-law 248(a). The memorandum of understanding was also read as creating an arbitration agreement by necessary implication, because the parties undertook to obtain approvals and comply with the applicable rules and regulations. Interim protection under section 9 of the Arbitration and Conciliation Act was granted because the petitioners showed a prima facie case, balance of convenience, and risk of irreparable harm if the membership card were transferred to third parties before arbitration. en-us Fri, 28 Apr 2000 00:00:00 +0530 Thu, 01 Mar 2012 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104734 A dispute over nomination and transfer of a stock exchange membership card was treated as falling within the exchange's regulatory framework and, on that basis, was held capable of reference to arbitration under bye-law 248(a). The memorandum of understanding was also read as creating an arbitration agreement by necessary implication, because the parties undertook to obtain approvals and comply with the applicable rules and regulations. Interim protection under section 9 of the Arbitration and Conciliation Act was granted because the petitioners showed a prima facie case, balance of convenience, and risk of irreparable harm if the membership card were transferred to third parties before arbitration. Case-Laws Companies Law Fri, 28 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104734