NEO GROWTH CREDIT PVT.LTD. vs SDM ENTERPRISES AND 2 ORS. — HCBM20169772022
Case under Code of Civil Procedure. Disposed: WITHDRAWN on 09th May 2026.
CNR: HCBM020169772022
Filing Number
COMEX/16973/2022
Filing Date
31-May-2022
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
Category
EXECUTION ( 15 )
Judicial Branch
Original
Decision Date
09-May-2026
Nature of Disposal
WITHDRAWN
Last updated 21-Jun-2026
Acts & Sections
Petitioner(s)
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1.NEO GROWTH CREDIT PVT.LTD.
Adv. GNP LEGAL
Respondent(s)
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1.SDM ENTERPRISES AND 2 ORS.
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2.MANGALDAS VINAYAKA RAIKAR
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3.SURENDRA M SHETTY
Case History
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Case disposedDisposed
-
09-May-2026
Hon'ble Ms Justice Aarti A. Sathe,national Lok AdalatView PDF
The Bombay High Court set aside and declared void-ab-initio the arbitral award underlying Neo Growth Credit's execution proceedings, finding the arbitrator's unilateral appointment rendered it invalid. The court granted the claimant leave to withdraw and permitted 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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24-Nov-2022
For Direction
Hon'ble Shri Justice B.P. Colabawalla
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13-Oct-2022
First hearing
Initial hearing scheduled
-
31-May-2022
Case filed
The Bombay High Court set aside and declared void-ab-initio the arbitral award underlying Neo Growth Credit's execution proceedings, finding the arbitrator's unilateral appointment rendered it invalid. The court granted the claimant leave to withdraw and permitted 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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