HDB FINANCIAL SERVICES LTD. vs SACHIKA TRADING PVT. LTD. AND 3 ORS. — EXA/168/2022

Case under Code of Civil Procedure Section 11(2). Disposed: Contested--DISPOSED OFF on 01st April 2026.

Case disposed

CNR: HCBM020060412021

Filing Number

EXA/6010/2021

Filing Date

02-Mar-2021

Registration No

EXA/168/2022

Registration Date

14-Feb-2022

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

01-Apr-2026

Nature of Disposal

Contested--DISPOSED OFF

Last updated 07-May-2026

Acts & Sections

Code of Civil Procedure Section 11(2)

Petitioner(s)

  1. 1.HDB FINANCIAL SERVICES LTD.

    Adv. SG Legal and Associates

Respondent(s)

  1. 1.SACHIKA TRADING PVT. LTD. AND 3 ORS.

  2. 2.SURENDER KUMAR MALIK

  3. 3.SUDESH SUBEY SINGH

  4. 4.SUJATA SINGH

Case History

  1. Case disposedDisposed

  2. 01-Apr-2026

    Hon'ble Shri Justice Rajesh S. PatilView PDF

    The Bombay High Court dismissed HDB Financial Services Ltd.'s execution application against Sachika Trading Pvt. Ltd., declaring the arbitral award void-ab-initio because the sole arbitrator's appointment was unilateral, relying on a recent Supreme Court judgment. The court allowed the parties to initiate fresh arbitration proceedings with the limitation period from the original arbitration excluded. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 01-Apr-2026

    For Dismissal Under Rule 329

    Hon'ble Shri Justice Rajesh S. Patil

  4. 02-Mar-2021

    Case filed

    Registration No. EXA/168/2022

casestatus.in Summary

The Bombay High Court dismissed HDB Financial Services Ltd.'s execution application against Sachika Trading Pvt. Ltd., declaring the arbitral award void-ab-initio because the sole arbitrator's appointment was unilateral, relying on a recent Supreme Court judgment. The court allowed the parties to initiate fresh arbitration proceedings with the limitation period from the original arbitration excluded. This case analysis is maintained by casestatus.in based on publicly available court records.

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