Icici Home Finance Company Limited v. Bharatkumar Mafatlal Jain
Case brief
What is this about?
Bombay HC OOCJ; Arbitration Petition No. 375 of 2025 (32.ARBP375.2025); ICICI Home Finance Company Limited & Anr. v. Bharatkumar Mafatlal Jain & Ors.; Gautam A. Ankhad J; decision 27 April 2026; arbitrator appointed by order dated 14 January 2026 in Arbitration Application No. 417 of 2025; petition converted into application under Section 17 of the Arbitration and Conciliation Act, 1996; petitioners free to pursue matter before learned arbitrator; ad-interim/interim reliefs to continue subject to outcome of Section 17 Application; petition disposed of.
What did the court decide?
Conversion of the Arbitration Petition into an Application under Section 17 of the Arbitration and Conciliation Act, 1996, with liberty to the Petitioners to pursue it before the learned Arbitrator, and continuation of any ad-interim/interim reliefs subject to the outcome of the Section 17 Application.