Sbfc Finance Limited v. Dharmendra Bansu Saroj
Case brief
What is this about?
Bombay HC, Abhay Ahuja J, 30-03-2026; batch Commercial Execution Applications (Serial Nos. 16-165); unilateral appointment of sole arbitrator void ab initio; ineligibility raisable at any stage incl. execution; applications dismissed and arbitral awards set aside; reliance on Bhadra International (India) Pvt. Ltd. vs. Airports Authority of India, 2026 SCC Online SC 7; fresh arbitration permitted; limitation exclusion from invocation till order; liberty to apply on express waiver under proviso to S.12(5) Arbitration and Conciliation Act 1996.
What did the court decide?
Applications dismissed; respective arbitral awards set aside and Commercial Execution Applications, connected Interim Applications and Chamber Summons disposed; parties at liberty to initiate fresh arbitration with the period from invocation till the date of the order excluded for limitation; liberty to apply where an express written agreement waiving the Section 12(5) ineligibility/right to object exists.