Au Small Finance Bank Ltd. v. Shinge Tours and Travels and 3 Ors.
Case brief
What is this about?
Unilateral appointment of sole arbitrator; arbitral award declared non-est, non-executable and void-ab-initio at execution stage; setting aside award during execution; Bhadra International (India) Pvt. Ltd. v. Airport Authority of India, Civil Appeal No. 37-38 of 2026 (SC, decided 5 January 2026); L & T Finance Ltd. v. Sangeeta Bhansali & Anr., Commercial Execution Application (L) No. 5277 of 2022; liberty to initiate fresh arbitration; exclusion of limitation period from invocation of arbitration; AU Small Finance Bank Ltd. v. Shinge Tours and Travels & 3 Ors.; Execution Application No. 29 of 2021; Interim Application No. 363 of 2024; High Court of Bombay, Rajesh S. Patil, J., 10th March 2026.
What did the court decide?
Execution Application dismissed; arbitral award declared non-est in law, non-executable and void-ab-initio; Interim Applications disposed of; parties left free to initiate fresh arbitration, with the period from invocation of the arbitration till the date of the order excluded for limitation.