Authority: Supreme Court of India
Order Date: 14‑08‑2026
Case Overview
- Parties: Sparsh Hospitals and Critical Care Private Limited (petitioner) vs Cancer Treatment Services Hyderabad Private Limited (respondent).
- Dispute stems from Agreement dated 08‑08‑2017 containing arbitration clause; respondent invoked arbitration under Section 21 of the Arbitration and Conciliation Act, 1996.
- Telangana High Court constituted Arbitral Tribunal on 10‑07‑2025.
- Respondent filed Section 9 application for interim relief before tribunal constitution; Commercial Court issued ex parte order on 10‑02‑2026 directing petitioner to deposit Rs 6,69,52,278.
- High Court of Telangana affirmed this order on 21‑04‑2026; petition for special leave to appeal filed (C) No. 19268/2026.
- Petitioner acknowledged liability in reply notice dated 21‑09‑2024.
Court Observations
- With arbitral tribunal now constituted, the Court directs petitioner to furnish an unconditional bank guarantee of Rs 6,69,52,278 within six weeks, to remain effective throughout arbitration.
- Respondent may approach the Arbitral Tribunal for release or invocation of the guarantee; Tribunal will decide on its merits.
- The Section 9 petition under the Arbitration Act will not survive; Commercial Court may consign the proceedings to records.
- Contempt proceedings initiated by respondent for non‑compliance with the Commercial Court direction will also not survive and are consigned to records.
- Both parties may pursue their rights in the pending arbitration in accordance with law.
Final Outcome
- The petition stands disposed.
- Petitioner must provide the specified bank guarantee within six weeks.
- Any pending applications are also disposed.
Topics: Arbitration, Bank Guarantee, Healthcare Litigation