Indusind Bank Ltd. v. S.S. Travels and Anrs
Case brief
What is this about?
The Bombay High Court set aside various arbitral awards due to the unilateral appointment of the sole arbitrator, which was declared void ab initio. The court dismissed related execution and interim applications, allowing parties to start fresh proceedings.
What did the court decide?
Arbitral awards set aside; connected execution and interim applications dismissed; liberty to apply provided if waiver agreement exists under Section 12(5).