9911796707
TMI Blog1997 (2) TMI 407X X X X Extracts X X X X X X X X Extracts X X X X ..... ER Chowdhri, President - Brief facts necessary for the disposal of this appeal are that the complainant had been purchasing and selling shares from Ajwani Company, Broker in Stocks and Shares. He had a running account with them. The complainant alleged certain deficiencies in the service rendered by the said broker and claimed to recover a certain amount besides compensation. The case was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... through the records. 3. The respondent has pleaded that the appeal is barred by limitation. The District Forum order is dated 11-8-1995. According to the appellant, application for obtaining certified copy was made on 4-10-1995 and the certified copy made available to him on 12-10-1995. The present appeal having been filed on 3-11-1995 is not barred by limitation as time for filing the appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dealt with by the FORA constituted under the Act. 5. After hearing both the parties and going through the record we are of the view that the appeal has no merit and the same must, therefore, fail. According to the respondent, a large number of transactions of sale and purchase of shares from time to time took place in the course of more than two years. Quite a number of these transactions were ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he time bound proceedings under the Act and, therefore, the complainant has been rightly relegated to his remedy before the Civil Court. 6. With regard to the contention of Mr. Alvi that the FORA exercises powers of the Civil Court, it is sufficient to point out that the argument is based on a partial reading of the provision of section 13(4). The FORA exercises powers of a Civil Court in resp ..... X X X X Extracts X X X X X X X X Extracts X X X X
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