IIFL Finance Appointed Sole Arbitrator Bagla

Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: 7 October 2026

The applicant, IIFL Finance Limited, filed Arbitration Application No.557 of 2026 under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment of an arbitrator for disputes arising from an agreement dated 25 July 2024 with respondents Bhau Lath and Engineering Workshop & Another.
IIFL Finance invoked the arbitration clause by issuing a notice on 27 March 2026, which is part of the court record.
The Court examined Clause 26 of the agreement, confirmed the existence of a valid and subsisting arbitration agreement, and held that the matter falls within its jurisdiction to refer the parties to arbitration.
Procedural directions were issued: a copy of the order must be communicated to the appointed sole arbitrator within one week; the applicant must provide the arbitrator with the parties’ contact particulars; the statutory Statement of Disclosure under Section 11(8) read with Section 12(1) must be filed and retained by the Court registry; the parties must appear before the arbitrator on dates indicated for scheduling pleadings, witness examination, and hearings; valid email addresses and telephone numbers of the advocates shall constitute service of correspondence.
The Court stipulated that all arbitral costs and fees shall be borne equally by the parties initially, subject to any adjustment by the final award.

Ms. Deepali A Bagla, an Advocate of this Court, is appointed as the Sole Arbitrator. Her office address is Sukhia Building, 2nd Floor, Cawasji Patel Street, Fort, Mumbai 400001; email: deepali.bagla@gmail.com; mobile: 9920378770.
The parties are directed to comply with the communication and disclosure requirements and to appear before the arbitrator as directed for further procedural orders.
The Commercial Arbitration Application is disposed of in the terms of this order.

Topics: Arbitration, Court Order