Sunil Bansilal Raisoni & Anr. v. Bajaj Finserv Bajaj Finance Limited & Anr.
Case brief
What is this about?
Appointment of substitute Sole Arbitrator after demise of sitting arbitrator; Section 15(2) read with Section 11(6), Arbitration and Conciliation Act, 1996; parties ad idem on substitution and continuation from previous stage; Hon’ble Mr. Justice (Retd.) S.A. Bobde, Former Chief Justice of India, requested to arbitrate; earlier arbitrator Hon’ble Mr. Justice Vijender Jain (Retd.) deceased; underlying dispute value approximately Rs. 60 crores; Delhi High Court; commercial arbitration; O.M.P. (T) (COMM.).
What did the court decide?
Appointment of Hon’ble Mr. Justice (Retd.) S.A. Bobde, Former Chief Justice of the Supreme Court of India, as substitute Sole Arbitrator to enter upon the reference and adjudicate the disputes inter se the parties. ¶21