Tata Motors Finance Limited v. D S Buildcon
Case brief
What is this about?
Bombay HC (OOCJ), Somasekhar Sundaresan J, 06-10-2025 — Tata Motors Finance Ltd v. D S Buildcon — Section 11 A&C Act 1996 application (CA No.403/2025) allowed; disputes under Loan-Cum-Hypothecation-Cum-Guarantee Agreement dt. 24-01-2023 (Clause 23) referred to Sole Arbitrator to be appointed by Presolv360 (ODR, online proceedings); Section 11 scope confined to existence of valid arbitration agreement per Interplay (2024) 6 SCC 1, SBI General (2024 SCC OnLine SC 1754), Ajay Madhusudan Patel (2024 SCC OnLine SC 2597); Section 9 petition (CAP No.442/2024) converted to Section 17 application; seat as per Agreement (Mumbai); costs equally in first instance; merits kept open.
What did the court decide?
Both captioned proceedings finally disposed of by constituting an arbitral tribunal: Presolv360 directed to appoint a sole arbitrator for the disputes under the Agreement, and the Section 9 Petition (No.442 of 2024) to be treated as a Section 17 application before that tribunal, with liberty to modify or mould its contents.