CITICORP FINANCE (INDIA) LTD. S. I JOSHI and CO. vs RASHPALSINGH BHULLAR AND ANR. — HCBM20174452011

Summary: The High Court of Bombay dismissed all applications (Serial Nos. 901, 903, 904, and 916-1148) and set aside the respective arbitral awards because the sole arbitrator was unilaterally appointed, which is void ab initio per the Supreme Court's decision in Bhadra International case. The court allowed parties to initiate fresh arbitration proceedings in accordance with law, excluding the time period already spent in the void arbitration from the limitation period, and permitted parties to apply if they have a written agreement waiving the arbitrator's ineligibility 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.