Menu
keyboard_backspace
ask a question ask a question
Get Realtime Updates of your Request. Download Vidhkarya App

Ask a Question - Free Legal Advice

Q. Limitation Act

My friend was a trader in share market. He incurred a loss by doing trading in FNO segment in the year 2008 (November), actually the trades were done by the brokers employee. However he made a complaint with Consumer forum in 2009, but on November, 2017 an award was awarded in the favour of the Broker that this case was not eligible under the consumer forum. Then he advanced to the NSE IGRP panel for filing the case. However the broker state that this was barred by limitation act. Is he allowed to file complaint in NSE IGRP or Arbitration panel.
Share this questionShare Icon

Showing 5 of 5 Responses

A. dear client you can file this case with an application of leaving the condo nation of delay. or you can file a criminal case

Found Helpful
Found Helpful
Share this answerShare Icon

Rajender Prasad

Experience: 5 Year(s)

Responded 4 months ago

View All Answers
Reply Here

A. Dear client where there case was pending before any forum the limitation period for that period would not counted for subsequent action.as per your query time limitation barred due to delay to file complaint.you can file matter into court with the application of condonation of delay.

Found Helpful
Found Helpful
Share this answerShare Icon

Deepak Bade

Experience: 9 Year(s)

Responded 5 months ago

View All Answers
Reply Here

A. Dear client, please give written information of the whole matter to SEBI.

Found Helpful
Found Helpful
Share this answerShare Icon

VIMAL K MISHRA

Experience: 15 Year(s)

Responded 6 months ago

View All Answers
Reply Here

A. By advocate Rameshwor dadhe dear sir once a any case started then no time limitations for it . Time limitations only for filling cases

Found Helpful
Found Helpful
Share this answerShare Icon

Rameshwar Dadhe

Experience: 2 Year(s)

Responded 6 months ago

View All Answers
Reply Here

A. When case was pending before any forum the limitation period for that period would not counted for subsequent action.

Found Helpful
Found Helpful
Share this answerShare Icon

R. N. Chaturvedi

Experience: 14 Year(s)

Responded 6 months ago

View All Answers
Reply Here
Talk to a Lawyer
Post Your Matter
Request Callback
Contact Us