Auxilo Finserve Pvt. Ltd. v. Karan Parvindar Thakur
Case brief
What is this about?
Unilateral appointment of sole arbitrator; arbitral award set aside at execution stage; Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7 followed; ineligibility of arbitrator raised in execution; dismissal of Commercial Execution Applications/Execution Applications and interim applications; liberty to initiate fresh arbitration; exclusion of limitation period from invocation of arbitration till date of order; Bombay High Court, Ordinary Original Civil Jurisdiction; Abhay Ahuja, J.; Auxilo Finserve Pvt. Ltd.; Karan Parvindar Thakur; Aditya Birla Finance Limited; PGS Exims Private Limited.
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, with the period from invocation of the arbitration till the date of the order excluded for limitation.