AMBIT FINVEST PRIVATE LIMITED vs NIMANTRAN AGENCIES — EXA/2827/2024

Case under Code of Civil Procedure Section Rule 11 (2). Disposed: Contested--DISMISSED on 09th April 2026.

Case disposed

CNR: HCBM020245702023

Filing Number

EXA/24562/2023

Filing Date

02-Sep-2023

Registration No

EXA/2827/2024

Registration Date

23-Oct-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

09-Apr-2026

Nature of Disposal

Contested--DISMISSED

Last updated 10-May-2026

Acts & Sections

Code of Civil Procedure Section Rule 11 (2)

Petitioner(s)

  1. 1.AMBIT FINVEST PRIVATE LIMITED

    Adv. Sandeep D Rankhambe,Santosh Jawale,Santosh Jawale, ,Santosh Jawale

Respondent(s)

  1. 1.NIMANTRAN AGENCIES

  2. 2.NIRAV HIRALAL SANGHVI

  3. 3.PALLAVI NIRAV SANGHAVI

  4. 4.HIRALAL DEVCHAND SANGHVI

Case History

  1. Case disposedDisposed

  2. 09-Apr-2026

    Hon'ble Shri Justice Abhay AhujaView PDF

    The Bombay High Court dismissed multiple consolidated applications (Serial Nos. 902-1169) and set aside all arbitral awards, finding that the sole arbitrators were appointed unilaterally, which is void ab initio under the Supreme Court's decision in Bhadra International. The court allowed parties to initiate fresh arbitration proceedings while excluding the period of the prior invalid proceedings from limitation calculations, with liberty to apply if a written agreement waiving the ineligibility exists 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. 09-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. 05-Aug-2024

    Shri. S. B. Bhansali (Prothonotary Senior Master))View PDF

  5. 05-Aug-2024

    First hearing

    Initial hearing scheduled

  6. 02-Sep-2023

    Case filed

    Registration No. EXA/2827/2024

casestatus.in Summary

The Bombay High Court dismissed multiple consolidated applications (Serial Nos. 902-1169) and set aside all arbitral awards, finding that the sole arbitrators were appointed unilaterally, which is void ab initio under the Supreme Court's decision in Bhadra International. The court allowed parties to initiate fresh arbitration proceedings while excluding the period of the prior invalid proceedings from limitation calculations, with liberty to apply if a written agreement waiving the ineligibility exists 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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