Indusind Bank Ltd. v. Sterling Car
Case brief
What is this about?
Bombay HC batch order 10-Apr-2026 (Abhay Ahuja J); unilateral appointment of sole arbitrator found by Prothonotary & Senior Master; Supreme Court decision Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7 applied (void ab initio; ineligibility raisable even in execution); commercial execution applications, interim applications and chamber summons dismissed/disposed; arbitral awards set aside; fresh arbitration permitted with limitation exclusion from invocation till date; liberty to apply on express written waiver under proviso to Section 12(5), Arbitration and Conciliation Act 1996; Serial Nos. 902, 904 to 1136, 1138, 1141, 1144 TO 1149.
What did the court decide?
Commercial Execution Applications, connected Interim Applications and Chamber Summons (if any) dismissed / disposed; respective arbitral awards set aside; parties free to initiate fresh arbitration proceedings with the period from invocation of arbitration till today excluded for limitation; liberty to apply where an express written agreement in terms of the proviso to Section 12(5) waives the ineligibility of the sole arbitrator or the right to object under Section 12(5).