Axis Bank Ltd. v. Azad Kamin Ali Siddiqui
Case brief
What is this about?
Bombay HC OOCJ; Abhay Ahuja J.; 5 May 2026; batch execution matters (Serial Nos. 902–1148); unilateral appointment of sole arbitrator void ab initio; Bhadra International (India) Pvt. Ltd. vs. Airports Authority of India, 2026 SCC Online SC 7; arbitral awards set aside; Commercial Execution Applications dismissed/disposed; fresh arbitration permitted; limitation exclusion from invocation; proviso to S.12(5) Arbitration and Conciliation Act 1996 waiver; liberty to apply.
What did the court decide?
Arbitral awards set aside; execution applications, connected interim applications and chamber summons dismissed / disposed; parties free to initiate fresh arbitration with the period from invocation till now excluded for limitation; liberty to apply if an express written waiver under the proviso to Section 12(5) of the Arbitration and Conciliation Act, 1996 exists.