M/S. MAGMA FINCORP LIMITED vs WEG SHRIKANT PRABHU AND 2 ORS. — EXA/471/2015
Case under Code of Civil Procedure. Disposed: Contested--DISMISSED on 06th May 2026.
CNR: HCBM020015382015
Filing Number
EXA/88/2015
Filing Date
19-Jan-2015
Registration No
EXA/471/2015
Registration Date
24-Feb-2015
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
Petitioner(s)
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1.M/S. MAGMA FINCORP LIMITED
Adv. O M Gujar Law Chambers
Respondent(s)
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1.WEG SHRIKANT PRABHU AND 2 ORS.
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2.SHRIKANT SURYAJI PRABHU
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3.UMA SHRIKANT PRABHU
Case History
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Case disposedDisposed
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06-May-2026
The Bombay High Court set aside all arbitral awards and dismissed execution applications across 149 consolidated cases where sole arbitrators were unilaterally appointed, following the Supreme Court's Bhadra International precedent that such appointments are void ab initio. The court permitted parties to initiate fresh arbitration proceedings with the prior arbitration period excluded from limitation calculations. This case analysis is maintained by casestatus.in based on publicly available court records.
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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
-
19-Jan-2015
Case filed
Registration No. EXA/471/2015
The Bombay High Court set aside all arbitral awards and dismissed execution applications across 149 consolidated cases where sole arbitrators were unilaterally appointed, following the Supreme Court's Bhadra International precedent that such appointments are void ab initio. The court permitted parties to initiate fresh arbitration proceedings with the prior arbitration period excluded from limitation calculations. This case analysis is maintained by casestatus.in based on publicly available court records.
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