<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2007 (7) TMI 406 - HIGH COURT OF BOMBAY</title>
    <link>https://www.taxtmi.com/caselaws?id=111290</link>
    <description>Writ jurisdiction remained available because the challenge concerned the appellate forum&#039;s competence and the validity of a stock exchange bye-law, notwithstanding remedies under the Arbitration and Conciliation Act, 1996. Bye-law 274A was valid when construed as permitting an optional second submission to arbitration rather than creating a statutory appellate hierarchy. However, a section 16 decision on arbitral jurisdiction is an order, not an award. As Bye-law 274A permits appeals only from awards, the appellate tribunal lacked jurisdiction to hear an appeal from that order; the prescribed remedy lies under section 37(2). The appellate order remitting the dispute to arbitration was set aside.</description>
    <language>en-us</language>
    <pubDate>Mon, 23 Jul 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 31 Dec 2014 14:33:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=148306" rel="self" type="application/rss+xml"/>
    <item>
      <title>2007 (7) TMI 406 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=111290</link>
      <description>Writ jurisdiction remained available because the challenge concerned the appellate forum&#039;s competence and the validity of a stock exchange bye-law, notwithstanding remedies under the Arbitration and Conciliation Act, 1996. Bye-law 274A was valid when construed as permitting an optional second submission to arbitration rather than creating a statutory appellate hierarchy. However, a section 16 decision on arbitral jurisdiction is an order, not an award. As Bye-law 274A permits appeals only from awards, the appellate tribunal lacked jurisdiction to hear an appeal from that order; the prescribed remedy lies under section 37(2). The appellate order remitting the dispute to arbitration was set aside.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Mon, 23 Jul 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=111290</guid>
    </item>
  </channel>
</rss>