Kotak Mahindra Bank Limited v. Mahendra Bajirao Jadhav
Case brief
What is this about?
Unilateral appointment of sole arbitrator void ab initio; ineligibility raisable at any stage including execution; batch dismissal of Commercial Execution Applications (Serial Nos. 901, 903, 904, 916-1148), Bombay HC OOCJ; arbitral awards set aside; Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7 applied; Section 12(5) proviso waiver liberty; limitation exclusion from invocation of arbitration; fresh arbitration permitted; Abhay Ahuja, J.; 15 April 2026.
What did the court decide?
No relief to the applicants; arbitral awards set aside. Parties permitted to initiate fresh arbitration proceedings, with the period from invocation of arbitration till the date of this order excluded for limitation, and liberty to apply where an express written waiver exists under the proviso to Section 12(5).