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    <title>2003 (2) TMI 395 - HIGH COURT OF CALCUTTA</title>
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    <description>The court upheld the decision that the dispute between the petitioner-company and respondent No. 5 could be referred to arbitration under the Securities Contracts (Regulation) Act, 1956, and NSE Bye-laws. It found a deemed arbitration agreement existed between the parties, emphasizing the obligations of trading members. The court clarified that jurisdiction clauses did not override arbitration agreements. The issue of whether NSE qualifies as a &#039;State&#039; under Article 12 was left open. The appeal was dismissed, affirming the arbitration agreement and adherence to NSE regulations, with no costs awarded.</description>
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    <pubDate>Wed, 05 Feb 2003 00:00:00 +0530</pubDate>
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      <title>2003 (2) TMI 395 - HIGH COURT OF CALCUTTA</title>
      <link>https://www.taxtmi.com/caselaws?id=109775</link>
      <description>The court upheld the decision that the dispute between the petitioner-company and respondent No. 5 could be referred to arbitration under the Securities Contracts (Regulation) Act, 1956, and NSE Bye-laws. It found a deemed arbitration agreement existed between the parties, emphasizing the obligations of trading members. The court clarified that jurisdiction clauses did not override arbitration agreements. The issue of whether NSE qualifies as a &#039;State&#039; under Article 12 was left open. The appeal was dismissed, affirming the arbitration agreement and adherence to NSE regulations, with no costs awarded.</description>
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      <pubDate>Wed, 05 Feb 2003 00:00:00 +0530</pubDate>
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