Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: 15 October 2026

Case Overview

  • Parties: Applicant – India Factoring and Finance Solutions Private Limited; Respondents – Neeru Menthol Pvt. Ltd and others.
  • Dispute arises from Factoring Agreement dated 19 November 2025; arbitration clause located in Clause 26 of the agreement.
  • Applicant issued arbitration notice on 20 May 2026 invoking the arbitration clause.
  • The Court examined paragraphs 14 and 16 of the application, finding the arbitration agreement valid and subsisting, thereby justifying referral to arbitration under Section 11 of the Arbitration and Conciliation Act, 1996.

Final Outcome

  • Ms. Rima Desai, Advocate of this Court, is appointed as the Sole Arbitrator to adjudicate the disputes.
  • Office address: C/o. Chambers of Senior Advocate Ashish Kamat, 501, 5th Floor, Oval House, Kala Ghoda, Mumbai – 400001; Email: rima.desai@outlook.com; Contact No.: 99208 88123.
  • Within one week, the Applicant’s advocates must forward a copy of this Order to the Sole Arbitrator and provide 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 both parties’ advocates for filing in the Court Registry.
  • Parties are to appear before the Sole Arbitrator on dates and places indicated by the Arbitrator for procedural directions, including fixing schedules for pleadings, witness examination (if any), and hearing dates. They must also furnish valid email addresses and telephone numbers of their respective advocates; communications to these addresses will constitute valid service.
  • All arbitral costs and fees are to be borne equally by the parties initially, subject to adjustment by the final award of the Arbitral Tribunal.
  • The Sole Arbitrator is empowered to adjudicate any claims, counter‑claims, and all questions of merit in accordance with law.
  • The order becomes effective upon download from the Court’s website, and the Commercial Arbitration Application is disposed of in the terms stated.

Topics: Arbitration, Factoring Dispute