Hdb Financial Services Ltd. v. Sachika Trading Pvt. Ltd. and 3 Ors.
Case brief
What is this about?
Unilateral appointment of sole arbitrator; arbitral award declared non-est, non-executable and void-ab-initio even at execution stage; setting aside of award during execution; execution application dismissed; fresh arbitration permitted; limitation exclusion from invocation of arbitration till order date; HDB Financial Services Ltd. v. Sachika Trading Pvt. Ltd. and 3 others; Bombay High Court, Ordinary Original Civil Jurisdiction, Execution Application No. 168 of 2022 with Notice No. 283 of 2025; decided 1 April 2026 by Rajesh S. Patil J. in absence of applicant (none present); relies on Supreme Court judgment of 5 January 2026 in Bhadra International (India) Pvt. Ltd. and others v. Airport Authority of India, Civil Appeal No. 37-38 of 2026; follows the judge's own earlier view in L & T Finance Ltd. v. Sangeeta Bhansali & Anr., Commercial Execution Application (L) No. 5277 of 2022.