Icici Home Finance Company Limited v. Sudnyan v Chikhale
Arbitration and Conciliation Act, 1996 – Section 11 – appointment of sole Arbitrator – Facility Agreement dated 23 August 2024
Case brief
What is this about?
Bombay High Court (Sandeep V. Marne, J., 23 January 2026), Arbitration Application No. 400 of 2025 — ICICI Home Finance Company Limited v. Sudnyan V. Chikhale & Anr. Section 11 application arising from a Facility Agreement dated 23 August 2024; the Court found an arbitration clause in clause 15.14(b) of the Facility Agreement, constituted an Arbitral Tribunal of sole Arbitrator (Ms. Aneesa Cheema, Advocate), directed disclosure under Sections 11(8)/12(1), equal sharing of arbitral costs and fees under the Bombay High Court (Fee Payable to Arbitrators) Rules, 2018, kept merits contentions open, allowed and disposed of the application with no order as to costs. Respondents did not appear despite service. No precedents cited.
What did the court decide?
Arbitration Application allowed and disposed of: Ms. Aneesa Cheema appointed sole Arbitrator; copy of order to be communicated to the Arbitrator within one week; statutory Statement of Disclosure under Section 11(8) read with Section 12(1) to be forwarded within two weeks; parties to appear before the Arbitrator as directed; Arbitrator's fees per the Bombay High Court (Fee Payable to Arbitrators) Rules, 2018, arbitral costs and fees borne by the parties equally, subject to the final Award; contentions on merits kept open; no order as to costs.