Hcg Stock & Share Brokers Limited vs Gaggar Suresh

The Supreme Court upheld the decision of the Bombay High Court affirming the Arbitral Tribunal's ruling that the appellant's claim was barred by limitation as per the Bye-laws of the National Stock Exchange of India Limited. The Court clarified that the limitation period for filing a claim is six months from the date of the dispute, which in this case was determined to have arisen on 1.7.1999. Consequently, the Court dismissed the appeals, reinforcing the importance of adhering to prescribed limitation periods in arbitration matters.