Apni Law Staff asked 2 years ago
I’m facing a legal situation involving the Delhi Stock Exchange. Back in 2010, I unfortunately lost 15 lakhs in stock market investments. After filing a complaint with the Exchange, my case went to arbitration. Can you tell me about the legal steps involved in this process? I’m also curious about the procedure that will happen once these formalities are completed.
Best Answer
Apni Law Staff answered 2 years ago
In India, when a dispute arises at the Delhi Stock Exchange, the process involves filing a complaint, followed by mandatory arbitration. The arbitration process involves appointing an arbitrator, presenting evidence, and reaching a binding decision. Once the arbitration award is passed, it is legally binding and can be enforced through courts if required.
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