Kotak Mahindra Bank Limited v. Ganesh Ramnath Pikwane
Case brief
What is this about?
Unilateral appointment of arbitrator; award dated 27.04.2016 set aside at execution stage; reliance on Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7; Kotak Mahindra Bank Ltd. v. Ganesh Ramnath Pikwane; Interim Application No. 307 of 2023 in Execution Application No. 1821 of 2024, Bombay High Court, Abhay Ahuja J., order dated 06.05.2026; Execution Application and Interim Application dismissed; parties free to commence fresh arbitration; limitation exclusion from invocation till order date.
What did the court decide?
Award dated 27 April 2016 set aside; Execution Application No. 1821 of 2024 and the connected Interim Application No. 307 of 2023 dismissed; parties at liberty to initiate fresh arbitration in accordance with law; period from invocation of arbitration till the date of the order excluded for limitation.