Naresh K. Aggarwala & Co vs Canbank Financial Services Ltd. & Anr

The Supreme Court, in this case, addressed the appeal under Section 10 of the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, concerning a dispute over share transactions between the appellant and Can Bank Financial Services Limited. The Court held that the appellant was entitled to a decree for the undelivered shares based on the evidence presented, affirming the contractual obligations under the agreements made for the purchase of shares. The judgment of the Special Court was set aside, and the appellant's claim for the amount of Rs.3,18,06,868/- was upheld, along with interest.