Srei Equipment Finance Exec Petition Dismissed

Authority: Calcutta High Court, Commercial Division

Order Date: 7 August 2026

Case Overview

• Parties: Srei Equipment Finance Limited (award holder) versus Jawaid Hussain (respondent).
• Counsel for the award holder: Mr. Avishek Guha and Mr. Ankush Majumdar.
• The award holder filed an execution petition seeking to enforce an arbitral award.
• The award was rendered by a sole arbitrator who had been unilaterally appointed, raising questions of validity.
• The Court referred to its earlier judgment dated 14 May 2026 in EC‑COM 334/2026, which held that such an award is non est and cannot be executed.
• Based on the submission and the precedent, the Court concluded that the award cannot be executed.

Final Outcome

• The execution petition is dismissed as withdrawn.
• The award holder is granted liberty to initiate fresh arbitral proceedings before a duly and validly constituted Arbitral Tribunal appointed in accordance with law.

Topics: Arbitration, Execution of Award