Mangal Credit and Fincorp Limited v. Vaishali Transcarrier Private Limited
Case brief
What is this about?
Restoration of Section 11 arbitration application; recall of disposal order dated 17 April 2025; fresh default in loan repayment after settlement; Arbitration and Conciliation Act, 1996 S.11; Bombay High Court OOCJ; Commercial Arbitration Application No. 147 of 2025; Sandeep V. Marne, J.; respondent absent despite private notice.
What did the court decide?
Recall of the order dated 17 April 2025 and restoration of the Arbitration Application, permitting filing of a fresh Section 11 Application; the Interim Application itself was disposed of. ¶¶18