regulated exchange. There are three key differences
between forwards and futures (i) Futures contract is
guaranteed against default (ii) They are standarized and (iii)
They ... futures contracts cannot be equated with
insurance contract, because, unlike futures contract, the insurance
contract is not an article of trade which can be traded
passed after the previous contract
was closed over and black-listing is not under the previous contract but is for
future contracts.
The respondent relied ... arbitrable. The
issue of future contractors, which is beyond scope of Arbitration Agreement.
No relief against not to award future contracts can be referred
respect of residual contracts which remain outstanding on the date of
expiry of contract period, but most participants offset their contracts before the
date ... ready delivery
contracts whereas the latter is concerned with financial contracts mostly settled
by payment of differences between the contract rate and the settlement rate
respect of residual contracts which remain outstanding on the date of
expiry of contract period, but most participants offset their contracts before the
date ... ready delivery
contracts whereas the latter is concerned with financial contracts mostly settled
by payment of differences between the contract rate and the settlement rate
respect of residual contracts which remain outstanding on the date of
expiry of contract period, but most participants offset their contracts before the
date ... ready delivery
contracts whereas the latter is concerned with financial contracts mostly settled
by payment of differences between the contract rate and the settlement rate
respect of residual contracts which remain outstanding on the date of
expiry of contract period, but most participants offset their contracts before the
date ... ready delivery
contracts whereas the latter is concerned with financial contracts mostly settled
by payment of differences between the contract rate and the settlement rate
dealing in the Futures Market. There are
presently 53 stocks which can be traded under the Futures/Options Contracts.
32. To illustrate, suppose the share ... Income-tax Act. The futures contracts cannot be equated
with insurance contract, because, unlike futures contract, the insurance contract is not an
article of trade
Group A entities acquired Mentha Oil through transactions in
Mentha Oil futures contracts on the exchange platform as well ... entities
were for the purpose of taking positions in Mentha Oil futures
contracts and for taking subsequent delivery of 177.12 MT of
Mentha Oil worth
upto the contract rate of interest, but not exceeding the contract rate of interest. The law does not insist that the future interest should always ... rate of interest towards future interest. There also the wording was that the future interest shall not exceed the contract rate of interest. Hence
2009
Assessment Year: 1991-92
which is tangible in nature. A futures contract is an agreement between two
parties ... sell an asset at a certain time in the future at a certain price.
Futures contracts in both index as well as stocks
