HDB FINANCIAL SERVICES LTD. v. AMITKUMAR S SINGH AND ANR.
EXA/1488/2022 · 2026-01-23
Shri Rajesh S Patil
Civil Appealbody2022
DailyLaw.ai
[ 2022 DAILYLAW 2731 (BOM) · dailylaw.ai ]
DailyLaw.ai
[ 2022 DAILYLAW 2731 (BOM) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
KVM 1/2 27 - EXA 1488 OF 2022.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION EXECUTION APPLICATION NO. 1488/2022 HDB FINANCIAL SERVICES LIMITED ….. APPLICANT VS AMITKUMAR S SINGH AND ANR.
….. RESPONDENTS Adv. Padmakar Garad i/b. Legal & Associates for the Applicant.
CORAM : RAJESH S. PATIL, J.
DATE : 23 JANUARY, 2026
P.C. :- 1) Mr. Garad, learned advocate appearing for the applicant submits that his client is seeking a short date in the present proceedings. 2) This Execution Application is filed in the year 2022. 2.1) For the last three years, no steps have been taken in the Execution Application, hence, the Registry has placed this matter today on board under the caption “For Dismissal under Rule 329 of The Bombay High Court (Original Side) Rules”. 3) From the proceedings, it can be gathered that the appointment of the sole arbitrator was unilateral. 4) I have taken a view in the judgment of L & T Finance Ltd. vs. Sangeeta Bhansali & Anr. in Commercial Execution Application (L) KANCHAN VINOD MAYEKAR Digitally signed by KANCHAN VINOD MAYEKAR Date: 2026.01.28 09:50:25 +0530
KVM 2/2 27 - EXA 1488 OF 2022.doc No. 5277 of 2022, considering the latest judgment of the Supreme Court decided on 5 January, 2026, in the matter of Bhadra International (India) Pvt. Ltd. and others vs. Airport Authority of India, Civil Appeal No. 37-38 of 2026, wherein it has been held that even at the stage of execution, an arbitral award can be set aside being void-ab-initio on the grounds that the appointment of the arbitrator was unilateral. 5) In view of the aforesaid judgment, the arbitral award in the present proceeding dated 10 January, 2018 passed by the sole arbitrator is hereby declared to be non-est in law, non-executable and void-ab-initio. 6) Execution Application stands dismissed. 7) In sequel, the Interim Applications, if any, also stand
disposed of. 8) It shall be open for the parties to initiate fresh arbitration proceedings in accordance with law. 9) As far as limitation is concerned, the period from the invocation of the arbitration till today shall stand excluded for the purpose of initiating fresh arbitration proceedings.
(RAJESH S. PATIL, J.)