Disposed¶24

Aditya Birla Capital Limited v. Karvy Data Management Services Ltd.

Bombay HC20 Aug 2025CARBP/677/2024

Case brief

AI extract

What is this about?

Section 34 Arbitration and Conciliation Act 1996 challenge; whether arbitral tribunal order declining interim award is an award amenable to Section 34; Aditya Birla Capital Limited vs Karvy Data Management Services Limited & 2 Ors.; Bombay High Court Commercial Division; Comm. Arbitration Petition 677/2024 with IA(L) 12154/2025; Somasekhar Sundaresan J.; order dated June 13, 2025; 15-minute oral argument limit per party; Note on Submissions capped at seven pages; matter stood over to July 18, 2025 for Final Hearing and Disposal; no merits ruling in this order.

What the court decided

AI extract

Aditya Birla Capital Limited vs Karvy Data Management Services Ltd. — Arbitration | Bombay HC (2025)

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69-CARBP-677-2024 copy.docx

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION

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COMM. ARBITRATION PETITION NO. 677 OF 2024 WITH

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Digitally signed by SHRADDHA SHRADDHA KAMLESH KAMLESH TALEKAR TALEKAR Date: 2025.06.17 20:48:55 +0530

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INTERIM APPLICATION (L) NO. 12154 OF 2025

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Aditya Birla Capital Limited … Petitioner

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Karvy Data Management Services Limited & 2 Ors.

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.. Respondents

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Ms. Ashrita Anand Chindarkar a/w Pooja Jhaveri i/b Katariya & Associates, for Petitioner. Mr. Kersi Dastoor , for Respondent No. 2.

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CORAM : SOMASEKHAR SUNDARESAN, J.

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Date : June 13, 2025

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Order :

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This is a Petition under Section 34 of the Arbitration and Conciliation

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Act, 1996 (“ the Act ”).

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The core issue that arises for consideration is whether an order of the arbitral tribunal declining an interim award would constitute an award and would be amenable to challenge under Section 34 of the Act.

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Towards this end each party shall have not more than 15 minutes each, to present its say on this issue.

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Towards this end, the parties shall e-file a short Note on Submissions, not exceeding seven pages, along with page and case law references, setting

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Page 1 of 2 June 13, 2025

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Shraddha

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69-CARBP-677-2024 copy.docx

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out the manner in which the points canvassed by them ought to be accepted by this Court.

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It is made clear, that the time commitments made above shall bind the parties, and such time shall be utilized at the discretion of the Counsel for verbalizing the pivotal submissions, resting assured that the rest of their contentions from their Note on Submissions, would be dealt with by the Court.

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With the aforesaid commitments, stand over to July 18, 2025 , for “Final Hearing and Disposal”.

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All actions required to be taken pursuant to this order, shall be taken upon receipt of a downloaded copy as available on this Court’s website.

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[SOMASEKHAR SUNDARESAN, J.]

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Page 2 of 2 June 13, 2025

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Shraddha

Aditya Birla Capital Limited v. Karvy Data Management Services Ltd.

Case brief

What is this about?

What the court decided

Aditya Birla Capital Limited v. Karvy Data Management Services Ltd.

Case brief

What is this about?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

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