Tata Capital Limited v. Vignesh Trading (Borrower)
Case brief
What is this about?
Unilateral appointment of sole arbitrator; appointment void ab initio; ineligibility raised at execution stage; arbitral awards set aside; execution applications and interim applications dismissed/disposed; fresh arbitration permitted; limitation exclusion of period from invocation of arbitration till date of order; Tata Capital Limited v. Naidu Earthmovers (Prop. Shriniwas Naidu); Bombay High Court OOCJ; Bhadra International (India) Pvt. Ltd. v. Airports Authority of India, 2026 SCC Online SC 7.
What did the court decide?
Respective 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 this order excluded for limitation. ¶16