M/S. MAGMA FINCORP LIMITED vs HARERAM COTTON INDUSTRIES AND ORS — EXA/2444/2015

Case under Code of Civil Procedure. Disposed: Contested--DISMISSED on 17th June 2026.

Case disposed

CNR: HCBM020275012015

Filing Number

EXA/2107/2015

Filing Date

06-Oct-2015

Registration No

EXA/2444/2015

Registration Date

24-Nov-2015

Judge

Hon'ble Shri Justice Jitendra Shantilal Jain

Coram

Hon'ble Shri Justice Jitendra Shantilal Jain

Bench Type

Single

Category

EXECUTION ( 15 )

Judicial Branch

Original

Decision Date

17-Jun-2026

Nature of Disposal

Contested--DISMISSED

Last updated 18-Jun-2026

Acts & Sections

Code of Civil Procedure

Petitioner(s)

  1. 1.M/S. MAGMA FINCORP LIMITED

    Adv. O M Gujar Law Chambers

Respondent(s)

  1. 1.HARERAM COTTON INDUSTRIES AND ORS

  2. 2.RAMDAS MAHADEV HIRODE

  3. 3.SHARDA R. HIRODE

Case History

  1. Case disposedDisposed

  2. 17-Jun-2026

    Hon'ble Shri Justice Jitendra Shantilal JainView PDF

    The Bombay High Court set aside the arbitral awards in Kotak Mahindra Bank's execution application against Hareram Cotton Industries, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio. The court dismissed all related execution and interim applications, permitting the parties to initiate fresh arbitration proceedings while excluding the time spent in the earlier arbitration from limitation periods. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 17-Jun-2026

    For Dismissal in view of decision in Bhadra International Pvt. Ltd. V/s Airports Authority of India

    Hon'ble Shri Justice Jitendra Shantilal Jain

  4. 06-Oct-2015

    Case filed

    Registration No. EXA/2444/2015

casestatus.in Summary

The Bombay High Court set aside the arbitral awards in Kotak Mahindra Bank's execution application against Hareram Cotton Industries, finding that the sole arbitrator's appointment was unilateral and therefore void ab initio. The court dismissed all related execution and interim applications, permitting the parties to initiate fresh arbitration proceedings while excluding the time spent in the earlier arbitration from limitation periods. This case analysis is maintained by casestatus.in based on publicly available court records.

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