Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: October 14, 2026

Case Overview

  • Parties: IIFL Finance Limited (Applicant) vs. Hindustan Roadways Cargo & Ors. (Respondents).
  • Background: Dispute stems from an Agreement dated 17 October 2023; arbitration clause is contained in Clause 20 of that Agreement.
  • Arbitration Invocation: Applicant issued a notice invoking the arbitration clause on 24 March 2026 (copy in pages 52‑54 of the application).
  • Court Findings: The Court is satisfied that a valid and subsisting arbitration agreement exists and has been duly invoked under Section 11 of the Arbitration and Conciliation Act, 1996.
  • Appointment: Ms. Radhika Kulkarni, an Advocate of this Court, is appointed as the Sole Arbitrator. Office address: Office No.12, 2nd Floor, Dariya Building, above Arti Book Depot, Fort, Mumbai. Contact No.: 99307 63403. Email: kulkarni.radhika317@gmail.com.
  • Procedural Directions:
  • A copy of this Order shall be communicated to the Sole Arbitrator within one week by the Applicant’s advocates.
  • The Applicant must provide the contact and communication particulars of the parties to the Arbitral Tribunal along with 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 same will be furnished to the Respondents’ advocates.
  • Parties shall appear before the Sole Arbitrator on dates and places indicated by the Arbitrator for directions on conduct of proceedings, including schedule for pleadings, witness examination, and hearing dates. Valid email addresses and telephone numbers of the parties’ advocates must be provided; communications to these emails will constitute valid service.
  • All arbitral costs and fees shall be borne equally by the parties initially, subject to any final award on costs.
  • Arbitrator’s Powers: The Sole Arbitrator may adjudicate any claims, counter‑claims, and merits of the dispute in accordance with law.

Final Outcome

  • Ms. Radhika Kulkarni is appointed as Sole Arbitrator to adjudicate the disputes arising out of the 17 Oct 2023 Agreement.
  • Parties are directed to comply with the procedural and cost‑sharing instructions.
  • The Commercial Arbitration Application is disposed of in the terms of this Order.

Topics: Arbitration, Court Order