Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: 14 October 2026

Case Overview

  • Applicant: IIFL Finance Limited; Respondents: Hi Life Pharmacy and another party.
  • Dispute arises from an Agreement dated 30 September 2024; arbitration clause is Clause 26 (page 42 of the agreement).
  • Applicant invoked the arbitration agreement by issuing a notice on 27 March 2026 (pages 48‑50 of the application).
  • The Court found a valid and subsisting arbitration agreement and confirmed jurisdiction under Section 11 of the Arbitration and Conciliation Act, 1996.

Final Outcome

  • Ms. Radhika Kulkarni, 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.
  • A copy of this order will be communicated to the Sole Arbitrator by the Applicant’s advocates within one week; the Applicant must also provide the arbitrator with the parties' contact particulars.
  • 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; a copy shall 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 filing pleadings, examination of witnesses (if any), and hearing dates. Parties must furnish valid email addresses and telephone numbers of their respective advocates; communications to these addresses will constitute valid service.
  • All arbitral costs and fees shall be borne equally by the parties initially, subject to any final award on costs.
  • The Sole Arbitrator is empowered to adjudicate any claims, counter‑claims, and merits of the dispute in accordance with law.
  • All actions required under this order shall be taken upon receipt of a downloaded copy from the Court’s website.
  • The Commercial Arbitration Application is disposed of in the above terms.

Topics: Arbitration, Court Order