Indusind Bank Ltd. v. Shahnawaz Mohd Sheikh
Case brief
What is this about?
Bombay High Court; Abhay Ahuja J.; 15th April 2026; batch dismissal Serial Nos. 901, 903, 904, 916 to 1148; Bhadra International (India) Pvt. Ltd. vs. Airports Authority of India; 2026 SCC Online SC 7; unilateral appointment of sole arbitrator void ab initio; ineligibility raisable at any stage and in execution; arbitral awards set aside; Commercial Execution Applications dismissed; Interim Applications; Chamber Summons; Prothonotary & Senior Master finding; fresh arbitration permitted; limitation exclusion from invocation till date; Section 12(5) Arbitration and Conciliation Act 1996 proviso waiver; liberty to apply; Ms. Bijal Gogri; O. M. Gujar Law Chambers.
What did the court decide?
Applications dismissed and respective arbitral awards set aside; Commercial Execution Applications, connected Interim Applications and Chamber Summons, if any, dismissed / disposed; parties permitted to initiate fresh arbitration proceedings in accordance with law, with the period from invocation of the arbitration till today excluded for limitation purposes, and liberty to apply where an express agreement in writing under the proviso to Section 12(5) waived the sole arbitrator's ineligibility or the right to object under Section 12(5).