Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: October 21, 2026

Case Overview

  • Parties: Gangabase Barter Private Limited (Applicant) and Jan Shakti Oil Products Private Limited & Others (Respondents).
  • Dispute arises under a Loan Agreement dated 1 August 2025, containing an arbitration clause in Clause 12.9.
  • Applicant invoked the arbitration clause by issuing a notice on 12 January 2026 (copy at page 167 of the application).
  • The Court, after reviewing the material, confirmed that a valid and subsisting arbitration agreement exists and has been duly invoked.
  • The application was filed under Section 11 of the Arbitration and Conciliation Act, 1996 (the Act) seeking appointment of an arbitrator.

Final Outcome

  • Ms. Tanisha Choudhary, Advocate of this Court, is appointed as the Sole Arbitrator to adjudicate the disputes arising out of the Loan Agreement.
  • Office Address: C/o. Mr. Gaurav Joshi, 302, Fort Chambers, B Wing, 2nd Cross Lane, Kala Ghoda, Fort, Mumbai 400001.
  • A copy of this Order must be communicated to the Sole Arbitrator by the Applicant’s advocates within one week.
  • The Applicant must provide the arbitrator with contact particulars of all parties and a copy of this Order.
  • The Sole Arbitrator shall forward the statutory Statement of Disclosure under Section 11(8) read with Section 12(1) of the Act to the Applicant’s advocates for filing in the Court Registry; the Registry will retain the statement and furnish a copy to the Respondents’ advocates.
  • Parties are to appear before the Sole Arbitrator on dates and places indicated by the arbitrator for directions on pleadings, witness examination, and hearing schedule, and must furnish functional email addresses and telephone numbers of their advocates for service of correspondence.
  • All arbitral costs and fees are to be borne equally by the parties initially, subject to any adjustment by the final award.
  • The Sole Arbitrator is empowered to adjudicate any claims and counter‑claims and determine merits in accordance with law.
  • All actions required under this order shall be taken upon receipt of a downloaded copy available on the Court’s website.
  • The Commercial Arbitration Application is disposed of in the terms stated above.

Topics: Arbitration, Court Order, Loan Dispute