Aditya Birla Finance Limited v. Sujit Kumar Mishra
Case brief
What is this about?
Section 11 Arbitration and Conciliation Act 1996; appointment of sole arbitrator; scope of judicial review Section 11(6A); existence of arbitration agreement; Section 16 kompetenz-kompetenz; In Re Interplay (2024) 6 SCC 1; SBI General Insurance v Krish Spinning 2024 SCC OnLine 1974; Ajay Madhusudan Patel v Jyotindra S Patel 2024 SCC OnLine 2597; Aditya Birla Finance Limited; Ariyant Logistics Pvt Ltd; Shakti Roadlines; GM Logistics Pvt Ltd; Sujit Kumar Mishra guarantor; loan/borrowing agreement September 25, 2018; Clauses 12(N) and 24; invocation October 17, 2022 and January 4, 2023; Justice Amjad A. Sayed (Retd.); Bombay High Court Commercial Division; CARAP 181/2024; CARAP 172/2024.
What did the court decide?
Both Commercial Arbitration Applications finally disposed of with appointment of Justice Amjad A. Sayed (Retired) as Sole Arbitrator to adjudicate the disputes and differences between the parties arising out of and in connection with the agreement dated September 25, 2018; arbitral costs and fees of the Tribunal to be borne by the parties equally in the first instance, subject to any final award on costs.