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    <description>Rejection of an Investor Protection Fund claim was set aside because the exchange&#039;s order treated the transaction as a loan without giving adequate reasons. The Tribunal stated that a claim application must be decided by a reasoned order and that the claimant may be given an opportunity of hearing where necessary. The matter was remitted to the exchange for fresh consideration and a new reasoned decision within the stipulated time.</description>
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      <description>Rejection of an Investor Protection Fund claim was set aside because the exchange&#039;s order treated the transaction as a loan without giving adequate reasons. The Tribunal stated that a claim application must be decided by a reasoned order and that the claimant may be given an opportunity of hearing where necessary. The matter was remitted to the exchange for fresh consideration and a new reasoned decision within the stipulated time.</description>
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