EbixCash World Money Limited vs Ebix Technologies Limited formerly Ebix Cash Limited — Bombay HC (2026) — LawSathi Research

EbixCash World Money Limited vs Ebix Technologies Limited formerly Ebix Cash Limited — Bombay HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Both Interim Application No.914 of 2026 and Interim Application No.915 of 2026 disposed of in terms of the draft minutes of order annexed at Schedule III to the consent terms dated 6th April 2026; amendment impleading Eraaya Lifespaces Limited as Respondent No.5 to be carried out within one week (reverification dispensed with); matter stood over to 17th June 2026 for compliance.

Issue for consideration

Whether the draft amendment impleading Eraaya Lifespaces Limited as Respondent No.5 should be taken on record and carried out. +1 more

Court's answer

The draft amendment impleading Eraaya Lifespaces Limited as Respondent No.5 was taken on record and marked Exhibit “X”, to be carried out within one week, with reverification dispensed with; counsel for Respondent No.5 had entered appearance without opposition.

Ratio / Principle

Consent terms dated 6th April 2026 tendered by counsel for the parties were taken on record and marked Exhibit “X-1”; leave was granted to replace Schedule III to the Consent Terms.

Key takeaways

Interim Application No.914 of 2026 and Interim Application No.915 of 2026 were disposed of in terms of the draft minutes of order annexed at Schedule III to the consent terms, and order was passed in terms of those draft minutes.ratio¶26
The matter was stood over to 17th June 2026 for compliance.ratio¶34
Registry directions: a soft copy of the Consent Terms is to be uploaded as the second order in the matter, and the hard copy of the signed Consent Terms is to be permanently retained on file as part of the record and not sent for destruction in the ordinary course.

Detailed headnote1 paragraphs

High Court of Judicature at Bombay, Commercial Division (OOCJ) — Interim Application No. 914 of 2026 (with Interim Application No. 915 of 2026) in Commercial Arbitration Petition (L) No. 25579 of 2024 — Ebixcash World Money Ltd. v. Ebix Technolgies Ltd. & Ors. — Order of Arif S. Doctor, J. (digitally signed 15.04.2026): (i) draft amendment impleading Eraaya Lifespaces Limited as Respondent No.5 taken on record, marked “X”, to be carried out within one week, reverification dispensed with, counsel for Respondent No.5 entering appearance without opposition; (ii) consent terms dated 6th April 2026 taken on record and marked “X-1”, with leave to replace Schedule III; (iii) both interim applications disposed of in terms of the draft minutes of order annexed at Schedule III to the consent terms, order passed accordingly; (iv) matter stood over to 17th June 2026 for compliance; (v) Registry directed to upload a soft copy of the Consent Terms as the second order and to permanently retain the signed hard copy on file, not to be sent for destruction. Substance of the consent terms/draft minutes is contained in a scanned annexure not transcribed in the available text; no statutory provision or precedent is cited.

Digitally signed by MEERA MEERA MAHESH MAHESH JADHAV JADHAV Date: 2026.04.15 12:04:00 +0530

902-IA-914-26.DOC

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION INTERIM APPLICATION NO.914 OF 2026

IN

COMMERCIAL ARBITRATION PETITION (L) NO. 25579 OF 2024

Ebixcash World Money Ltd. ...Applicant

Versus

Ebix Technolgies Ltd. & Ors . ...Respondents

WITH

INTERIM APPLICATION NO.915 OF 2026

Mr. Sharan Jagtiani, Senior Advocate a/w Mr. Nitesh Jain, Ms Juhi Mathur, Mr. Atul jain, Ms Sonia Dasgupta, Ms Surabhi Agarwal, Mr. Abhumanyu Chaturvedi and Mr. Saurav Thampan for Petitioner.

Mr. Prajot Jaggi a/w Mr. Harsh Sethi & Mr. Siddharth SHarma for Applicant in IA/914/26.

Mr. Poonam Rajbhar a/w Mr. Harsh Sethi & Mr. Siddharth SHarma for Applicant in IA/915/26.

Mr. Harsh Sethi for proposed Respondent No.5.

Mrs. Nandini Deshpande,1st Assisant to Court Receiver present.

P.C.

At the outset, learned counsel for the Petitioner tendered draft amendment seeking to implead Respondent No.5.-Eraaya Lifespaces Limited as party Respondent. Mr. Sethi entered appearance on behalf of Respondent No.5

and does not oppose the same. The draft amendment is taken on record and

marked as "X”. Amendment to be carried out within a period of one week from

today. Reverification is dispensed with.

Meera Jadhav

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902-IA-914-26.DOC

Learned counsel for the parties have today tendered consent terms dated

6th April 2026, which is taken on record and marked as “X-1”. Learned counsel for the parties sought leave to replace Schedule III to the Consent Terms. They are permitted to do so. Learned Counsel for the parties submit that Interim application No.914 of 2026 and Interim Application No.915 of 2026 are disposed of in terms of draft minutes of order annexed at Schedule III to the consent terms. Order in terms of the draft minutes of order.

3 For ease of reference the said draft minutes of order is scanned and reproduced hereinbelow:-

Meera Jadhav

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902-IA-914-26.DOC

Meera Jadhav

902-IA-914-26.DOC

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4 Stand over to 17th June 2026 for compliance.

5 A soft copy of the Consent Terms will be uploaded as the second order in the matter. The Registry is to ensure that the hard copy of the signed Consent Terms is permanently retained on file as part of the record and is not sent for destruction in the ordinary course.

[ARIF S. DOCTOR, J.]

Meera Jadhav