Asha Constructions and Anr. v. Tata Motors Finance Limited
Case brief
What is this about?
Consent setting aside of arbitral awards passed by unilaterally appointed arbitrators; fresh reference of disputes to Mumbai Centre for International Arbitration (MCIA) under its Institutional Arbitration Rules for adjudication by a sole arbitrator; Statement of Disclosure under Section 11(8) read with Section 12(1) of the Act; service by email and mobile numbers; arbitral costs borne equally in first instance subject to final Award on costs; all merits issues expressly kept open; Bombay High Court, Somasekhar Sundaresan J.; Asha Construction and Anr. v. Tata Motors Finance Limited; Arbitration Petition Nos. 65, 66, 68, 69, 71, 72, 73, 74, 86 of 2024.
What did the court decide?
All Petitions and connected Interim Applications finally disposed of: impugned arbitral awards set aside by consent and disputes referred afresh to the Mumbai Centre for International Arbitration for arbitration by a sole arbitrator, with the statutory disclosure statement to be filed, appearance before the Sole Arbitrator, and arbitral costs and fees borne equally in the first instance subject to any final Award on costs.