SBI CARDS AND PAYMENTS SERVICES LTD. vs RASHID TAMBOLI — EXA/1041/2025

Case under Code of Civil Procedure Section Rule 11 (2). Disposed: Contested--DISMISSED on 04th May 2026.

Case disposed

CNR: HCBM020139262024

Filing Number

EXA/13920/2024

Filing Date

22-Apr-2024

Registration No

EXA/1041/2025

Registration Date

13-May-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

04-May-2026

Nature of Disposal

Contested--DISMISSED

Last updated 21-Jun-2026

Acts & Sections

Code of Civil Procedure Section Rule 11 (2)

Petitioner(s)

  1. 1.SBI CARDS AND PAYMENTS SERVICES LTD.

    Adv. BHUPENDRA K

Respondent(s)

  1. 1.RASHID TAMBOLI

Case History

  1. Case disposedDisposed

  2. 04-May-2026

    —View PDF

    The Bombay High Court set aside all arbitral awards in these consolidated cases (Serial Nos. 902-1151) involving SBI Cards and multiple respondents, finding that the sole arbitrators were unilaterally appointed in violation of the Arbitration and Conciliation Act, 1996. Following the Supreme Court's Bhadra International precedent, the court dismissed all related execution and interim applications, 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. 04-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. 12-Mar-2025

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

  5. 12-Mar-2025

    First hearing

    Initial hearing scheduled

  6. 22-Apr-2024

    Case filed

    Registration No. EXA/1041/2025

casestatus.in Summary

The Bombay High Court set aside all arbitral awards in these consolidated cases (Serial Nos. 902-1151) involving SBI Cards and multiple respondents, finding that the sole arbitrators were unilaterally appointed in violation of the Arbitration and Conciliation Act, 1996. Following the Supreme Court's Bhadra International precedent, the court dismissed all related execution and interim applications, 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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