https://www.taxtmi.com/caselaws?id=191838 A brokerage employment contract was held not to fall within section 6 of the Bombay Securities Contracts Control Act, 1925, because the contract notes were only the written record of dealings and were not themselves contracts for sale or purchase of securities; the arbitration agreement covering disputes from the broker's employment was therefore valid. The broker's contract notes were also held not void under Rule 167 of the Native Share and Stock Brokers' Association Rules, since those Rules had to be construed on their own terms and the notes answered the description of ready delivery contracts rather than forward contracts. The award could not be invalidated on either ground, and the matter was remitted for rehearing on remaining objections. en-us Tue, 04 Oct 1955 00:00:00 +0530 Wed, 26 Apr 2017 11:21:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191838 A brokerage employment contract was held not to fall within section 6 of the Bombay Securities Contracts Control Act, 1925, because the contract notes were only the written record of dealings and were not themselves contracts for sale or purchase of securities; the arbitration agreement covering disputes from the broker's employment was therefore valid. The broker's contract notes were also held not void under Rule 167 of the Native Share and Stock Brokers' Association Rules, since those Rules had to be construed on their own terms and the notes answered the description of ready delivery contracts rather than forward contracts. The award could not be invalidated on either ground, and the matter was remitted for rehearing on remaining objections. Case-Laws Indian Laws Tue, 04 Oct 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191838