NEO GROWTH CREDIT PVT.LTD. vs SDM ENTERPRISES AND 2 ORS. — HCBM20169772022

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 Disposed: WITHDRAWN on 09th May 2026.

Case disposed

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WITHDRAWN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

Code of Civil Procedure

Petitioner(s)

  1. 1.NEO GROWTH CREDIT PVT.LTD.

    Adv. GNP LEGAL

Respondent(s)

  1. 1.SDM ENTERPRISES AND 2 ORS.

  2. 2.MANGALDAS VINAYAKA RAIKAR

  3. 3.SURENDRA M SHETTY

Case History

  1. Case disposedDisposed

  2. 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.

  3. 24-Nov-2022

    For Direction

    Hon'ble Shri Justice B.P. Colabawalla

  4. 13-Oct-2022

    First hearing

    Initial hearing scheduled

  5. 31-May-2022

    Case filed

casestatus.in Summary

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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