Hdb Financial Services Ltd. v. Esprout Enterprises LLP and 2 Ors.
Case brief
What is this about?
Unilateral appointment of sole arbitrator; arbitral award void-ab-initio; award declared non-est and non-executable at execution stage; execution application dismissed; HDB Financial Services Ltd. v. Esprout Enterprises LLP & 2 Ors.; reliance on Bhadra International (India) Pvt. Ltd. v. Airport Authority of India (SC, Civil Appeal No. 37-38 of 2026, decided 5 January 2026) and L & T Finance Ltd. v. Sangeeta Bhansali & Anr. (Bombay HC, Commercial Execution Application (L) No. 5277 of 2022); fresh arbitration permitted; limitation exclusion from invocation of arbitration; Bombay High Court OOCJ; Rajesh S. Patil, J.
What did the court decide?
Arbitral award declared non-est in law, non-executable and void-ab-initio; Execution Application dismissed; Notice No. 331 of 2025 and Interim Applications disposed of; parties permitted to initiate fresh arbitration with limitation exclusion from invocation till the date of the order.