Authority: High Court of Judicature at Bombay, Commercial Division
Order Date: 14 October 2026
Case Overview
- Parties: IIFL Finance Limited (Applicant) vs India Metal Crop & Ors. (Respondents).
- Underlying contract dated 12 January 2024 containing arbitration clause (Clause 26).
- Applicant invoked arbitration by notice dated 24 March 2026.
- Court found arbitration agreement valid and subsisting, within jurisdiction of Section 11 of the Arbitration and Conciliation Act, 1996.
- Court appointed Ms. Radhika Kulkarni, Advocate of the Court, as 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.
- Directions: a copy of the order to be communicated to the Sole Arbitrator within one week; parties to furnish contact particulars of their advocates; the Sole Arbitrator to forward statutory Statement of Disclosure under Section 11(8) read with Section 12(1) to the parties for filing in the Court registry; parties to appear before the Sole Arbitrator for procedural directions, including schedule for pleadings, witness examination and hearing dates; parties to provide valid email, mobile and landline numbers of their advocates, with email constituting service of correspondence.
- All arbitration costs and fees shall be borne equally by the parties initially, subject to alteration by the final award.
- The Sole Arbitrator is empowered to adjudicate claims, counter‑claims and all questions of merit in accordance with law.
Final Outcome
- The commercial arbitration application is disposed of with the appointment of Ms. Radhika Kulkarni as Sole Arbitrator. Arbitration proceedings will commence as per the Court’s procedural directions, with costs initially shared equally unless the award provides otherwise.
Topics: Arbitration, Court Order