Hdb Financial Services Limited v. Furkan Ali Shaikh and Anr.
Case brief
What is this about?
HDB Financial Services Limited v. Furkan Ali Shaikh & anr.; Bombay High Court OOCJ; Notice No. 286 of 2025 in Execution Application No. 122 of 2022; arbitral award dated 23.09.2019; unilateral appointment of arbitrator; void-ab-initio; non-est; non-executable; setting aside award at execution stage; Bhadra International (India) Pvt. Ltd. v. Airport Authority of India (SC, Civil Appeal Nos. 37-38 of 2026, 05.01.2026); L & T Finance Ltd. v. Sangeeta Bhansali (Comm. Ex. App. (L) No. 5277 of 2022); withdrawal with liberty for fresh arbitration; limitation exclusion; Rajesh S. Patil, J.; decided 06.02.2026.
What did the court decide?
Execution Application No. 122 of 2022 with Notice No. 286 of 2025 disposed of as withdrawn; Arbitral Award dated 23.09.2019 declared non-est in law, non-executable and void-ab-initio; liberty to initiate fresh arbitration proceedings with the period from invocation of arbitration till 06.02.2026 excluded for limitation; interim applications, if any, disposed of.