SBI Cards and Payments Services Pvt. Ltd. v. Nathaniel / Lobo
Case brief
What is this about?
Unilateral appointment of sole arbitrator; execution-stage setting aside of arbitral award as void-ab-initio and non-est; non-executable award; Notice under Order XXI Rule 22 CPC; Execution Application EXA/60/2022; SBI Cards and Payments Services Pvt. Ltd.; Nathaniel / Lobo; Bhadra International (India) Pvt. Ltd. v. Airport Authority of India, Civil Appeal No. 37-38 of 2026 (Supreme Court, 5 January 2026); L & T Finance Ltd. v. Sangeeta Bhansali & Anr., Commercial Execution Application (L) No. 5277 of 2022; fresh arbitration permitted; limitation exclusion from invocation till decision; Rajesh S. Patil, J.; Bombay High Court; 2 February 2026; 2026:BHC-OS:3195.
What did the court decide?
Execution Application dismissed; arbitral award declared non-est in law, non-executable and void-ab-initio; Notice and Interim Applications disposed of; parties permitted to initiate fresh arbitration with the invocation-to-date period excluded for limitation.