HDB FINANCIAL SERVICES LIMITED vs PRINCE TRADERS — EXA/629/2023

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

Case disposed

CNR: HCBM020068082023

Filing Number

EXA/6805/2023

Filing Date

09-Mar-2023

Registration No

EXA/629/2023

Registration Date

06-May-2023

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 11(2)

Petitioner(s)

  1. 1.HDB FINANCIAL SERVICES LIMITED

    Adv. SG Legal and Associates

Respondent(s)

  1. 1.PRINCE TRADERS

  2. 2.KANTILAL THAVER SHAH

  3. 3.GEETABEN KANTILAL SHAH

Case History

  1. Case disposedDisposed

  2. 05-May-2026

    —View PDF

    The Bombay High Court set aside arbitral awards in multiple cases involving HDB Financial Services Limited versus Prince Traders and others, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio per Supreme Court precedent. The court dismissed all related execution and interim applications, while permitting parties to initiate fresh arbitration proceedings with the prior arbitration period excluded from limitation calculations. 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-Mar-2023

    Case filed

    Registration No. EXA/629/2023

casestatus.in Summary

The Bombay High Court set aside arbitral awards in multiple cases involving HDB Financial Services Limited versus Prince Traders and others, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio per Supreme Court precedent. The court dismissed all related execution and interim applications, while permitting parties to initiate fresh arbitration proceedings with the prior arbitration period excluded from limitation calculations. This case analysis is maintained by casestatus.in based on publicly available court records.

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