KOTAK MAHINDRA BANK LIMITED vs LIBRA BUSINESS PVT. LTD. — EXA/1234/2025

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

Case disposed

CNR: HCBM020055952025

Filing Number

EXA/5595/2025

Filing Date

20-Feb-2025

Registration No

EXA/1234/2025

Registration Date

10-Jul-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.KOTAK MAHINDRA BANK LIMITED

    Adv. S I JOSHI AND CO

Respondent(s)

  1. 1.LIBRA BUSINESS PVT. LTD.

  2. 2.RAHUL KUMAR SINGH

  3. 3.SHEO NARAYAN SINGH

Case History

  1. Case disposedDisposed

  2. 05-May-2026

    Hon'ble Shri Justice Abhay AhujaView PDF

    Case Summary: EXA/1234/2025 The Bombay High Court set aside an arbitral award dated 8th August, 2024, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio. Following Supreme Court precedent, the court held that arbitrator ineligibility can be challenged even during execution proceedings. The execution application was dismissed, and parties are permitted to initiate fresh arbitration with the previous time period excluded from limitation calculations. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 20-Feb-2025

    Case filed

    Registration No. EXA/1234/2025

casestatus.in Summary

Case Summary: EXA/1234/2025 The Bombay High Court set aside an arbitral award dated 8th August, 2024, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio. Following Supreme Court precedent, the court held that arbitrator ineligibility can be challenged even during execution proceedings. The execution application was dismissed, and parties are permitted to initiate fresh arbitration with the previous time period excluded from limitation calculations. This case analysis is maintained by casestatus.in based on publicly available court records.

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