AVANSE FINANCIAL SERVICES LIMITED vs ADARSH SILK MILL — EXA/2308/2025

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

Case disposed

CNR: HCBM020130652023

Filing Number

EXA/13060/2023

Filing Date

08-May-2023

Registration No

EXA/2308/2025

Registration Date

17-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.AVANSE FINANCIAL SERVICES LIMITED

    Adv. GNP Legal

Respondent(s)

  1. 1.ADARSH SILK MILL

  2. 2.KULBHUSHAN ANEJA

  3. 3.GINNI ANEJA

Case History

  1. Case disposedDisposed

  2. 05-May-2026

    —View PDF

    The Bombay High Court set aside arbitral awards in multiple consolidated matters after finding that sole arbitrators were unilaterally appointed, following Supreme Court precedent that such appointments are void ab initio. 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, unless express written waivers existed under Section 12(5) of the Arbitration and Conciliation Act, 1996. 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. 18-Sep-2025

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

  5. 12-Oct-2023

    Due Matters - Adjourned OS

    Hon'ble Shri Justice S. M. Modak

  6. 01-Sep-2023

    Hon'ble Shri Justice S. M. ModakView PDF

  7. 31-Aug-2023

    For Ad-Interim Relief

    Hon'ble Shri Justice Manish Pitale

  8. 21-Jul-2023

    Hon'ble Shri Justice Manish PitaleView PDF

  9. 21-Jul-2023

    First hearing

    Initial hearing scheduled

  10. 08-May-2023

    Case filed

    Registration No. EXA/2308/2025

casestatus.in Summary

The Bombay High Court set aside arbitral awards in multiple consolidated matters after finding that sole arbitrators were unilaterally appointed, following Supreme Court precedent that such appointments are void ab initio. 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, unless express written waivers existed under Section 12(5) of the Arbitration and Conciliation Act, 1996. This case analysis is maintained by casestatus.in based on publicly available court records.

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