Authority: High Court of Judicature at Bombay

Order Date: 16 September 2026

Case Overview

  • Applicant: Kotak Mahindra Bank (represented by Dattatray Jagtap, counsel Bijal Gogri i/b GNP Legal).
  • Respondent: Amitava Bhowmick.
  • Dispute originates from an Agreement dated 24 July 2023 (with reference to a specific clause dated 9 February 2024) between the parties.
  • The arbitration clause is contained in Clause 10.15 of the Agreement.
  • Kotak Mahindra Bank invoked the arbitration clause by issuing a notice on 12 August 2025.
  • The Court found a valid, subsisting arbitration agreement and confirmed its invocation.

Final Outcome

  • Mr Jash Gandhi is appointed as the Sole Arbitrator to adjudicate the disputes arising out of the Agreement.
  • Office address: 3rd Office, Brady House Building, 2nd Floor, Kala Ghoda, Mumbai – 400 001; Email: jaasshgandhi@gmail.com.
  • The Order must be communicated to the Sole Arbitrator within one week; the Applicant must provide contact particulars of both parties.
  • The Sole Arbitrator must forward the statutory Statement of Disclosure (Section 11(8) & Section 12(1) of the Arbitration Act) to both parties within two weeks.
  • Parties are to appear before the Arbitrator for directions on pleadings, witness examination, hearing schedule, and must provide functional email, mobile, and landline numbers for service of correspondence.
  • Arbitral costs and fees are to be borne equally by the parties initially, subject to adjustment by the final award.
  • All merits of the dispute remain open for determination by the appointed Arbitrator.

Topics: Arbitration, Banking Dispute