transaction from time to time.
The Respondent had also sent electronic contract note on
his E-mail id for all the transactions and the Respondent ... ARBP 742.2017 and ARBP 228.2018.doc
(c) Electronic contract notes (126-138, Paperbook).
(d) Telephone calls (C/94-99, Paperbook).
(e) Ledger confirmations
transaction from time to time.
The Respondent had also sent electronic contract note on
his E-mail id for all the transactions and the Respondent ... ARBP 742.2017 and ARBP 228.2018.doc
(c) Electronic contract notes (126-138, Paperbook).
(d) Telephone calls (C/94-99, Paperbook).
(e) Ledger confirmations
said
KYC, respondent no.1 opted to receive the electronic contract notes at his
email id. The petitioner sent a detailed welcome letter to each ... conclusion of arbitral tribunal that unauthorized trading was nto
established since electronic contract notes were sent for transaction as
mandated under contract and complainant ratified
client.
The broker claims wrongly that certain
contract notes, financial statements etc. were
also sent electronically via this email address
but the hard fact ... YAHOO with
complete IP address. The broker sent fake and
bogus electronic contract notes (ECNs) & no
reliable proof is available with broker
brokerage commission with the
Respondent. Respondent as a main broker sent Electronic
Contract Notes (ECN), quarterly ledger account and demat
account statements
filed their reply and
produced evidences, (1) SMS trade confirmation, (ii) electronic
contract notes, (iii) ECN sent log report, and (iv) quarterly ledger
confirmation ... messages sent after the transactions (at page 155 to 162),
electronic confirmation note on that date (at page 119 to 151) and the phone
call
confirmation was
obtained through IVR and that respondent was provided electronic contract
notes as per the mandate provided in the KYC application
Contract Note” confirming the sale or purchase. The contract note evidencing
such sale or purchase is not a bilateral agreement, but a Note sent ... Stamp Act and the contract notes are described in the paragraphs and it was
alleged that the contract notes fell within the definition
having received the contract notes and did not produce the courier
receipts with respect to sending of contract notes to the accused by post/courier ... adduce evidence regarding sending of contract notes to the accused
through post. Therefore, the fact that the contract notes had been delivered to the
accused
Electronics (Supra) it was noted very clearly
that the clients of the assessee could at any
point cancel the contract and get a refund ... year. The Appellate Tribunal had also failed
to note that the nature of contract entered by the respondent-assessee
cannot be considered as current liability
