Hdfc Bank Limited v. Ravi Kumar
Case brief
What is this about?
This order sets aside multiple arbitral awards due to unilateral arbitrator appointment following a Supreme Court decision. Parties are permitted to initiate fresh arbitration with limited period excluding prior dates, subject to liberty regarding waivers.
What did the court decide?
Arbitral awards set aside; fresh arbitration permitted; period from invocation to today excluded for limitation; liberty granted to apply if waiver exists under Section 12(5).