Sharekhan Limited vs Monita Kisan Khade

ik-141692276 Bombay High Court 24 December 2025 • 35 min read

Judges (1)

Sandeep V. Marne Delivered

Counsel (6)

J. Sagar Associates Firm Legasis Partners Firm Chirag Dave Counsel Respondent Kunal Katariya Counsel Petitioner Pulkit Sukhramani Counsel Petitioner Shubham Kalbere Counsel Respondent

Parties (3)

Sharekhan Limited Petitioner Kisan Rajaram Khade Respondent Monita Kisan Khade Respondent

Case Significance

Sharekhan Limited vs Monita Kisan Khade is a Bombay High Court decision dated December 24, 2025 (citation: ik-141692276). Sharekhan challenged arbitral awards by the IGRC and Appellate Arbitral Tribunal awarding damages to investors for alleged negligent pre-trade confirmations. The Court found the respondents made no attempt to prove loss and simply claimed the entire trading losses. The awards were set aside as unsustainable under Section 34 of the Arbitration Act. The case was heard by Justice Sandeep V. Marne. Counsel appearing: Chirag Dave (counsel for respondent), Kunal Katariya (counsel for petitioner), Pulkit Sukhramani (counsel for petitioner), Shubham Kalbere (counsel for respondent).

Summary

Sharekhan challenged arbitral awards by the IGRC and Appellate Arbitral Tribunal awarding damages to investors for alleged negligent pre-trade confirmations. The Court found the respondents made no attempt to prove loss and simply claimed the entire trading losses. The awards were set aside as unsustainable under Section 34 of the Arbitration Act.

What was the outcome of Sharekhan Limited vs Monita Kisan Khade?

Sharekhan challenged arbitral awards by the IGRC and Appellate Arbitral Tribunal awarding damages to investors for alleged negligent pre-trade confirmations. The Court found the respondents made no at...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-141692276)