TIRTHA SECURITIES PVT. LTD. A.R.BAMNE AND CO vs BAKLIWAL SECURITIES PVT. LTD. AND ANR — N/619/2025

Case under Code of Civil Procedure Section 22. Disposed: --DISPOSED OFF on 04th May 2026.

Case disposed

CNR: HCBM020026472023

Filing Number

N/2646/2023

Filing Date

27-Jan-2023

Registration No

N/619/2025

Registration Date

01-Dec-2025

Judge

Hon'ble Shri Justice Rajesh S. Patil

Coram

Hon'ble Shri Justice Rajesh S. Patil

Bench Type

Single

Category

EXECUTION ( 15 )

Judicial Branch

Original

Decision Date

04-May-2026

Nature of Disposal

--DISPOSED OFF

Last updated 19-Jun-2026

Acts & Sections

Code of Civil Procedure Section 22

Petitioner(s)

  1. 1.TIRTHA SECURITIES PVT. LTD. A.R.BAMNE AND CO

Respondent(s)

  1. 1.BAKLIWAL SECURITIES PVT. LTD. AND ANR

Case History

  1. Case disposedDisposed

  2. 04-May-2026

    Hon'ble Shri Justice Rajesh S. PatilView PDF

    The High Court of Bombay dismissed Tirtha Securities' execution application against Bakliwal Securities, declaring the arbitral award void-ab-initio because the sole arbitrator was appointed unilaterally. Following Supreme Court precedent, the court held that even at execution stage, arbitral awards can be set aside on this ground. The parties are permitted to initiate fresh arbitration, with time already spent excluded from limitation periods. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 06-Aug-2024

    Hon'ble Shri Justice Abhay AhujaView PDF

  4. 06-Aug-2024

    For Circulation

    Hon'ble Shri Justice Abhay Ahuja

  5. 27-Jan-2023

    Case filed

    Registration No. N/619/2025

casestatus.in Summary

The High Court of Bombay dismissed Tirtha Securities' execution application against Bakliwal Securities, declaring the arbitral award void-ab-initio because the sole arbitrator was appointed unilaterally. Following Supreme Court precedent, the court held that even at execution stage, arbitral awards can be set aside on this ground. The parties are permitted to initiate fresh arbitration, with time already spent excluded from limitation periods. This case analysis is maintained by casestatus.in based on publicly available court records.

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