PAISALO DIGITAL LTD FORMERLY KNOWN AS S E INVESTMENTS LTD DKL ADVOCATES vs VARUN INDUSTRIES LIMITED — IA/1263/2026

Case under C.p.c.- (Interlocutory Order) Section 36. Disposed: Contested--DISPOSED OFF on 10th April 2026.

Case disposed

CNR: HCBM020041572026

e-Filing Number

04-02-2026

Filing Number

IA/4157/2026

Filing Date

05-Feb-2026

Registration No

IA/1263/2026

Registration Date

06-Mar-2026

Judge

Hon'ble Shri Justice Rajesh S. Patil

Coram

Hon'ble Shri Justice Rajesh S. Patil

Bench Type

Single

Judicial Branch

Original

Decision Date

10-Apr-2026

Nature of Disposal

Contested--DISPOSED OFF

Last updated 11-May-2026

Acts & Sections

C.p.c.- (Interlocutory Order) Section 36

Petitioner(s)

  1. 1.PAISALO DIGITAL LTD FORMERLY KNOWN AS S E INVESTMENTS LTD DKL ADVOCATES

Respondent(s)

  1. 1.VARUN INDUSTRIES LIMITED

  2. 2.KIRAN KUMAR NAVARATANMAL MEHTA

  3. 3.KAILASH SHRIRAM AGARWAL

Case History

  1. Case disposedDisposed

  2. 10-Apr-2026

    Hon'ble Shri Justice Rajesh S. PatilView PDF

    The Bombay High Court dismissed Paisalo Digital Ltd.'s execution application and declared the 2015 arbitral award void-ab-initio because the sole arbitrator's appointment was unilateral, following a recent Supreme Court precedent that permits setting aside awards on this ground even at execution stage. The court allowed the parties to initiate fresh arbitration proceedings, excluding the period from the original arbitration invocation from any limitation period. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 09-Apr-2026

    Hon'ble Shri Justice Firdosh Phiroze PooniwallaView PDF

  4. 09-Apr-2026

    Interim Application

    Hon'ble Shri Justice Firdosh Phiroze Pooniwalla

  5. 05-Feb-2026

    Case filed

    Registration No. IA/1263/2026

casestatus.in Summary

The Bombay High Court dismissed Paisalo Digital Ltd.'s execution application and declared the 2015 arbitral award void-ab-initio because the sole arbitrator's appointment was unilateral, following a recent Supreme Court precedent that permits setting aside awards on this ground even at execution stage. The court allowed the parties to initiate fresh arbitration proceedings, excluding the period from the original arbitration invocation from any limitation period. This case analysis is maintained by casestatus.in based on publicly available court records.

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