Toyota Financial Services India Ltd. v. Laxmi Tours and Travels
Case brief
What is this about?
Execution application under Order XXI Rule 22 CPC for enforcement of a 2016 arbitral award made under a unilateral arbitrator appointment was withdrawn; the court declared the award non-est, non-executable and void-ab-initio, permitting fresh arbitration with limitation exclusion.
What did the court decide?
Award declared non-est, non-executable and void-ab-initio; execution application disposed as withdrawn; liberty to initiate fresh arbitration with limitation exclusion.