AXIS BANK(FORMERLY KNOWN AS UTI BANK LTD.) vs TWENTY FIRST CENTURY WIRE RODS LTD — EXA/2347/2025

Case under Code of Civil Procedure Section Rule 11 (2). Disposed: Contested--DISMISSED on 05th May 2026.

Case disposed

CNR: HCBM020046152022

Filing Number

EXA/4614/2022

Filing Date

15-Feb-2022

Registration No

EXA/2347/2025

Registration Date

31-Oct-2025

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

05-May-2026

Nature of Disposal

Contested--DISMISSED

Last updated 20-Jun-2026

Acts & Sections

Code of Civil Procedure Section Rule 11 (2)

Petitioner(s)

  1. 1.AXIS BANK(FORMERLY KNOWN AS UTI BANK LTD.)

    Adv. O M Gujar Law Chambers

Respondent(s)

  1. 1.TWENTY FIRST CENTURY WIRE RODS LTD

Case History

  1. Case disposedDisposed

  2. 05-May-2026

    —View PDF

    The Bombay High Court set aside multiple arbitral awards (including the one in Axis Bank v. Twenty First Century Wire Rods Ltd.) because the sole arbitrators were unilaterally appointed, following the Supreme Court's Bhadra International precedent holding such appointments void ab initio. The court dismissed all execution applications and allowed parties to initiate fresh arbitration proceedings with limitation periods excluded for the prior arbitration period. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 05-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. 09-Oct-2025

    Shri. A. H. Laddhad(Prothonotary Senior Master)View PDF

  5. 20-Oct-2022

    For Direction

    Hon'ble Shri Justice B.P. Colabawalla

  6. 20-Sep-2022

    Hon'ble Shri Justice B.P. ColabawallaView PDF

  7. 15-Sep-2022

    First hearing

    Initial hearing scheduled

  8. 15-Feb-2022

    Case filed

    Registration No. EXA/2347/2025

casestatus.in Summary

The Bombay High Court set aside multiple arbitral awards (including the one in Axis Bank v. Twenty First Century Wire Rods Ltd.) because the sole arbitrators were unilaterally appointed, following the Supreme Court's Bhadra International precedent holding such appointments void ab initio. The court dismissed all execution applications and allowed parties to initiate fresh arbitration proceedings with limitation periods excluded for the prior arbitration period. This case analysis is maintained by casestatus.in based on publicly available court records.

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