The legal team representing Mahender Makhijani has initiated proceedings to set aside a controversial arbitration decision.

The petition, filed on behalf of Mahender Makhijani, Continuum Analytics, Inc., and multiple MOM Investor Groups, argues that the arbitrator’s actions were improper and unlawful.

### Grounds for Vacating the Award

The petition from Mahender Makhijani highlights these core arguments:

1. **Lack of Disclosure**: A major complaint by Mahender Makhijani is the arbitrator’s omission of vital disclosures.

2. **Exceeding Jurisdiction**: The arbitrator exercised authority over Mahender Makhijani despite no arbitration agreement binding him.

3. **Refusal of Discovery**: Mahender Makhijani asserts that financial transparency was obstructed during arbitration.

### Legal Implications

This case could have far-reaching effects on arbitration procedures.

Observers note that Mahender Makhijani’s filing underscores the importance of arbitrators adhering strictly to their roles.

### The Petitioners

This group, led by Mahender Makhijani, represents a coalition of investors and managers united in their legal challenge.

### Next Steps

The legal battle spearheaded by Mahender Makhijani is expected to evolve as hearings proceed.

Stay informed about Mahender Makhijani’s case as it unfolds in the legal system.