Tirtha Securities Pvt.Ltd v. Shradha Bakliwal
Case brief
What is this about?
Keywords: unilateral appointment of arbitrator; award void-ab-initio; non-est award; award set aside at execution stage; execution of arbitral award; fresh arbitration permitted; limitation exclusion from invocation; Bhadra International (India) Pvt. Ltd. vs. Airport Authority of India, Civil Appeal No. 37-38 of 2026 (SC, 05.01.2026); L & T Finance Ltd. vs. Sangeeta Bhansali & Anr., Comm. Exn. App. (L) No. 5277 of 2022; Tirtha Securities Pvt. Ltd.; Shradha Bakliwal; Bombay High Court OOCJ 2026; Rajesh S. Patil, J.; Execution Application No. 1752 of 2022 dismissed.
What did the court decide?
Execution Application dismissed; arbitral award declared non-est in law, non-executable and void-ab-initio; interim applications/notice disposed of; parties permitted to initiate fresh arbitration, with the period from invocation of arbitration till the date of this judgment excluded for limitation.