HDB FINANCIAL SERVICES LIMITED vs SHRI SHITALA PLY AND ORS. — EXA/1441/2023

Case under Code of Civil Procedure Section 11(2). Disposed: Contested--DISMISSED on 06th May 2026.

Case disposed

CNR: HCBM020008492023

Filing Number

EXA/849/2023

Filing Date

10-Jan-2023

Registration No

EXA/1441/2023

Registration Date

15-Sep-2023

Judge

Hon'ble Shri Justice Abhay Ahuja

Coram

Hon'ble Shri Justice Abhay Ahuja

Bench Type

Single

Category

EXECUTION ( 15 )

Judicial Branch

Original

Decision Date

06-May-2026

Nature of Disposal

Contested--DISMISSED

Last updated 19-Jun-2026

Acts & Sections

Code of Civil Procedure Section 11(2)

Petitioner(s)

  1. 1.HDB FINANCIAL SERVICES LIMITED

    Adv. SG Legal and Associates

Respondent(s)

  1. 1.SHRI SHITALA PLY AND ORS.

Case History

  1. Case disposedDisposed

  2. 06-May-2026

    —View PDF

    The Bombay High Court set aside all arbitral awards in consolidated matters involving HDB Financial Services Limited and others, finding that the sole arbitrators were unilaterally appointed in violation of the Arbitration and Conciliation Act, 1996. All commercial execution and connected applications were dismissed, with parties permitted to initiate fresh arbitration proceedings while excluding prior limitation periods, except where express written waivers exist. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 06-May-2026

    For Dismissal in view of decision in Bhadra International Pvt. Ltd. V/s Airports Authority of India

    Hon'ble Shri Justice Abhay Ahuja

  4. 10-Jan-2023

    Case filed

    Registration No. EXA/1441/2023

casestatus.in Summary

The Bombay High Court set aside all arbitral awards in consolidated matters involving HDB Financial Services Limited and others, finding that the sole arbitrators were unilaterally appointed in violation of the Arbitration and Conciliation Act, 1996. All commercial execution and connected applications were dismissed, with parties permitted to initiate fresh arbitration proceedings while excluding prior limitation periods, except where express written waivers exist. This case analysis is maintained by casestatus.in based on publicly available court records.

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