Tata Capital Limited(Formerly Known as Tata Capital Financial Services Ltd) v. Naidu Earthmovers-Prop-Shriniwas Naidu and Anr.
Case brief
What is this about?
Unilateral appointment of sole arbitrator — arbitral awards set aside at execution stage; execution applications and interim applications dismissed/disposed with liberty to initiate fresh arbitration and exclusion of limitation period from invocation till order date. Tata Capital Limited v. Naidu Earthmovers-Prop-Shriniwas Naidu and another (four execution matters), High Court of Judicature at Bombay, Abhay Ahuja, J., 4 May 2026, acting on the Supreme Court decision in Bhadra International (India) Pvt. Ltd. and Others vs. Airports Authority of India, 2026 SCC Online SC 7.
What did the court decide?
Arbitral awards set aside; Commercial Execution Applications/Execution Applications and connected Interim Applications dismissed/disposed; parties at liberty to initiate fresh arbitration proceedings, with the period from invocation of arbitration till the date of this order (4 May 2026) excluded for limitation.