Allowed
Suresh Kumar Ramakrishnan Kallada, v. M/S. Kotak Mahindra Bank Ltd.
Kerala HCAR/12/2022
Case brief
AI extract
What is this about?
The bank's unilateral appointment of a sole arbitrator for loan-agreement disputes was held irregular and unsustainable. The court appointed an independent sole arbitrator in all the arbitration requests, directed statutory disclosure, and left all contentions open before the arbitrator.
What did the court decide?
K.M. Balachandran, retired District Judge, appointed sole arbitrator for the disputes under the respective agreements in all arbitration requests.