Jurisdiction for challeging the arbitriation award

Santosh S. Avhad (Querist) 20 July 2012 This query is : Resolved
Sir,
The applicant has filed arbitration application along with statement of claim against the financial company as per the byelaws of the Depository namely Central Depository services (India) Ltd. (CDSL)at mumbai after completing the necessary formalities of appointment of arbitrator with the consent of the parties at mumbai. The arbitration award goes against the applicant. Now, he filed the arbitration petition before the district judge pune at pune under section 34 of Arbitration and Conciliation Act, 1996 with prayer that the set aside the impunged order.

Pls inform/advice for the jurisdiction point for filing the objection. whether it is proper jurisdiction or not. it is correct then under what provision or not then also under what provision. pls submit any authority or judgement.

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