Supreme Court settles arbitration involving stockbroker, husband, and wife, clarifying jurisdiction and liability: AC Chokshi Share Broker vs. Jatin Pratap Desai (2025) INSC 174 (10 February 2025)
Date of the Judgment: 10 February 2025 Citation: 2025 INSC 174 Judges: Pamidighantam Sri Narasimha, J., Sandeep Mehta, J. When a stockbroker initiates arbitration to recover losses from a client’s account, can the client’s spouse be held jointly liable for the debt? The Supreme Court of India addressed this question in a recent case involving […]