EQUITAS SMALL FINANCE BANK LTD. KISHOR R. CHALKE AND MEGHNA M. MURUDKAR vs RASIKLAL SANKALCHAD JEWELLERS PVT. LTD. AND 3 ORS. — EXA/2229/2024

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

Case disposed

CNR: HCBM020160882020

Filing Number

EXA/9596/2020

Filing Date

21-Dec-2020

Registration No

EXA/2229/2024

Registration Date

28-Aug-2024

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

01-Apr-2026

Nature of Disposal

Contested--DISPOSED OFF

Last updated 07-May-2026

Acts & Sections

Code of Civil Procedure Section Rule 11(2)

Petitioner(s)

  1. 1.EQUITAS SMALL FINANCE BANK LTD. KISHOR R. CHALKE AND MEGHNA M. MURUDKAR

Respondent(s)

  1. 1.RASIKLAL SANKALCHAD JEWELLERS PVT. LTD. AND 3 ORS.

  2. 2.JYESH R. SHAH

  3. 3.NILESH R. SHAH

  4. 4.PARU J. SHAH

Case History

  1. Case disposedDisposed

  2. 01-Apr-2026

    Hon'ble Shri Justice Abhay AhujaView PDF

    The Bombay High Court dismissed multiple applications and set aside arbitral awards where the sole arbitrator's appointment was found to be unilateral, following the Supreme Court's ruling in Bhadra International that such appointments are void ab initio. The court allowed parties to initiate fresh arbitration proceedings with the previous period excluded from limitation calculations, unless there was an express written agreement waiving the ineligibility objection 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. 01-Apr-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. 21-Dec-2020

    Case filed

    Registration No. EXA/2229/2024

casestatus.in Summary

The Bombay High Court dismissed multiple applications and set aside arbitral awards where the sole arbitrator's appointment was found to be unilateral, following the Supreme Court's ruling in Bhadra International that such appointments are void ab initio. The court allowed parties to initiate fresh arbitration proceedings with the previous period excluded from limitation calculations, unless there was an express written agreement waiving the ineligibility objection 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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