Tata Capital Financial Services Ltd. v. Om Enterprises
Case brief
What is this about?
Unilateral appointment of arbitrator; arbitral award dated 6 October 2021 set aside at execution stage; reliance on Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7 (void ab initio; ineligibility raisable even in execution); Execution Application dismissed; fresh arbitration permitted; limitation exclusion from invocation till order date; Bombay HC, Abhay Ahuja J., Tata Capital Financial Services Ltd. v. Om Enterprises.
What did the court decide?
Arbitral award dated 6th October, 2021 set aside; Execution Application dismissed; parties permitted to initiate fresh arbitration proceedings in accordance with law, with the limitation period from invocation of the arbitration till the date of the order excluded. ¶12