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    <title>1955 (10) TMI 38 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=191838</link>
    <description>Brokerage employment disputes and the written contract notes recording dealings did not constitute contracts for sale or purchase of securities under the Bombay Securities Contracts Control Act, 1925. Section 6 therefore did not void the collateral employment contract, arbitration agreement, or arbitral proceedings. The association&#039;s rules formed a self-contained code, so statutory distinctions between ready delivery and other securities contracts could not be imported into Rule 167. Construed with the related rules, the notes qualified as ready delivery contracts and were not invalid forward contracts merely because brokerage was not separately stated. The award remained valid on these grounds, and rehearing was required on the remaining objections.</description>
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    <pubDate>Tue, 04 Oct 1955 00:00:00 +0530</pubDate>
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      <title>1955 (10) TMI 38 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=191838</link>
      <description>Brokerage employment disputes and the written contract notes recording dealings did not constitute contracts for sale or purchase of securities under the Bombay Securities Contracts Control Act, 1925. Section 6 therefore did not void the collateral employment contract, arbitration agreement, or arbitral proceedings. The association&#039;s rules formed a self-contained code, so statutory distinctions between ready delivery and other securities contracts could not be imported into Rule 167. Construed with the related rules, the notes qualified as ready delivery contracts and were not invalid forward contracts merely because brokerage was not separately stated. The award remained valid on these grounds, and rehearing was required on the remaining objections.</description>
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      <pubDate>Tue, 04 Oct 1955 00:00:00 +0530</pubDate>
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