AVANSE FINANCIAL SERVICES LTD. vs SHUBHAM ASHISH JHA — IA/2065/2024

Case under Code of Civil Procedure Section 1. Disposed: --WITHDRAWN on 09th May 2026.

Case disposed

CNR: HCBM020169042024

Filing Number

IA/16898/2024

Filing Date

22-May-2024

Registration No

IA/2065/2024

Registration Date

12-Jul-2024

Judge

Hon'ble Ms Justice Aarti A. Sathe , National Lok Adalat

Coram

Hon'ble Ms Justice Aarti A. Sathe , National Lok Adalat

Bench Type

Single

Judicial Branch

Original

Decision Date

09-May-2026

Nature of Disposal

--WITHDRAWN

Last updated 21-Jun-2026

Acts & Sections

Code of Civil Procedure Section 1

Petitioner(s)

  1. 1.AVANSE FINANCIAL SERVICES LTD.

    Adv. GNP Legal

Respondent(s)

  1. 1.SHUBHAM ASHISH JHA

  2. 2.SUSHIL KUMAR JHA

Case History

  1. Case disposedDisposed

  2. 10-Jun-2026

    Due Matters - Adjourned OS-2

    Hon'ble Shri Justice Abhay Ahuja

  3. 09-May-2026

    Hon'ble Ms Justice Aarti A. Sathe,national Lok AdalatView PDF

    Case Summary: IA/2065/2024 The Bombay High Court granted Avanse Financial Services Ltd.'s withdrawal of its execution application and declared the underlying arbitral award void-ab-initio because the arbitrator's appointment was unilateral, following a recent Supreme Court judgment holding such awards unenforceable even at execution stage. The court permitted fresh arbitration proceedings with limitation period excluded from the date of original invocation. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 25-Mar-2026

    Hon'ble Shri Justice Abhay AhujaView PDF

  5. 25-Mar-2026

    Due Matters - Adjourned OS-2

    Hon'ble Shri Justice Abhay Ahuja

  6. 11-Feb-2026

    Hon'ble Shri Justice Abhay AhujaView PDF

  7. 11-Feb-2026

    Due Matters - Adjourned OS

    Hon'ble Shri Justice Abhay Ahuja

  8. 23-Dec-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  9. 23-Dec-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice Abhay Ahuja

  10. 18-Nov-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  11. 18-Nov-2025

    Due Matters - Adjourned OS-2

    Hon'ble Shri Justice Abhay Ahuja

  12. 15-Sep-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  13. 15-Sep-2025

    Due Matters - Adjourned OS-2

    Hon'ble Shri Justice Abhay Ahuja

  14. 08-Aug-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  15. 08-Aug-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice Abhay Ahuja

  16. 09-Jul-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  17. 09-Jul-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice Abhay Ahuja

  18. 10-Jun-2025

    Hon'ble Shri Justice Abhay AhujaView PDF

  19. 10-Jun-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice R. I. Chagla

  20. 28-Apr-2025

    Hon'ble Shri Justice R. I. ChaglaView PDF

  21. 08-Apr-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice R. I. Chagla

  22. 17-Feb-2025

    Hon'ble Shri Justice R. I. ChaglaView PDF

  23. 17-Feb-2025

    Due Matters - Adjourned OS

    Hon'ble Shri Justice R. I. Chagla

  24. 08-Jan-2025

    Hon'ble Shri Justice R. I. ChaglaView PDF

  25. 08-Jan-2025

    For Circulation

    Hon'ble Shri Justice Abhay Ahuja

  26. 28-Nov-2024

    Hon'ble Shri Justice Abhay AhujaView PDF

  27. 28-Nov-2024

    First hearing

    Initial hearing scheduled

  28. 22-May-2024

    Case filed

    Registration No. IA/2065/2024

casestatus.in Summary

Case Summary: IA/2065/2024 The Bombay High Court granted Avanse Financial Services Ltd.'s withdrawal of its execution application and declared the underlying arbitral award void-ab-initio because the arbitrator's appointment was unilateral, following a recent Supreme Court judgment holding such awards unenforceable even at execution stage. The court permitted fresh arbitration proceedings with limitation period excluded from the date of original invocation. This case analysis is maintained by casestatus.in based on publicly available court records.

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