Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: October 7, 2026

Case Overview

  • Applicant: Kotak Mahindra Bank Limited, represented by authorised signatory Mr. Dattatray Jagtap.
  • Respondent: Rajeshwari Rohit Patil.
  • Dispute arises from an Agreement dated 24 May 2022, containing an arbitration clause (Clause 10.15).
  • Kotak Mahindra Bank invoked the arbitration clause by issuing a notice on 15 December 2025.
  • The Court found a valid, subsisting arbitration agreement and jurisdiction under Section 11 of the Arbitration and Conciliation Act, 1996.

Final Outcome

  • Ms. Deepali A Bagla, Advocate of the Court, is appointed as the sole arbitrator (office address: Sukhia Building, 2nd Floor, Cawasji Patel Street, Fort, Mumbai 400001; email: deepali.bagla@gmail.com; mobile: 9920378770).
  • Parties must provide contact details to the arbitrator within one week and submit the statutory Statement of Disclosure under Section 11(8) & Section 12(1).
  • Parties shall appear before the arbitrator for scheduling pleadings, witness examination, and hearing dates; email service to advocates is deemed valid.
  • Arbitration costs and fees are to be borne equally by the parties, subject to adjustment by the final award.
  • The order is to be communicated to the arbitrator and filed with the Court registry.

Topics: Arbitration, Banking Dispute