1 ap1275-10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.1275 OF 2010 Kartik R.Shah. ...Petitioner vs. Sharekhan Ltd. ...Respondent --- Ms.Supriya D. i/b. ANS Las Associates, for Petitioner. Mr.P.N.Mody i/b. Rajesh Desai, for Respondent. --- CORAM: D.K.DESHMUKH, J. DATED: 7th July,2011. P.C.:- 1. By this petition, the petitioner challenges the Award made by the Arbitral Tribunal of National Stock Exchange. The Arbitral Tribunal by its well considered Award has 2 ap1275-10 rejected the claim made by the petitioner. I have heard the learned Counsel appearing for both the sides. I have perused the record. Perusal of the Award shows that it is entirely based on the material on record. The learned Arbitrators have drawn inference on the basis of evidence on record for recording their findings. The Arbitral Tribunal is of a trade body which consists of persons having expert knowledge of the trade. In this view of the matter, therefore, in my opinion, specially considering the extremely limited jurisdiction conferred on this Court by Section 34 of the Arbitration & Conciliation Act, to interfere with the Award made by the Arbitral tribunal, the petition cannot be entertained. It is, therefore, rejected. (D.K.DESHMUKH, J.) ---