Authority: Supreme Court of India, Civil Original Jurisdiction
Order Date: 25 May 2026
Case Overview
- Petitioners: Krrisha Patel, sole proprietor of M/s Krisence Corp.; Respondents: Junglee Inc., a Delaware‑incorporated beverage manufacturer, and its affiliates.
- Disputes arise from a Consulting and Service Agreement and a Share Subscription Agreement dated 27 June 2023, under which Patel’s firm was engaged as service provider for two years and Patel subscribed to 200,000 equity shares of Junglee Inc.
- In 2024 Patel sought payment for the subscribed shares and alleged non‑payment under the consulting agreement; Junglee Inc. allegedly repurchased the shares for a meagre amount and terminated the consulting agreement.
- Petitioner issued a notice on 23 September 2024 proposing an advocate as sole arbitrator per Clause 7.4 of the consulting agreement and Clause 8.1 of the share subscription agreement; respondents objected, and amicable settlement failed.
- Petitions were filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (Arbitration Petition No. 13/2025 and No. 14/2025) seeking appointment of a sole arbitrator in Mumbai.
- The order was pronounced by a bench comprising Chief Justice Surya Kant, Justice Joymalya Bagchi, and Justice Vipul M. Pancholi. Counsel for the petitioner included Mr. Yadav Narender Singh, Mr. Aaditya Vijaykumar, Ms. Qurratulain, and Ms. Shagun Mishra; counsel for the respondents included M/S Juris Corp., Mr. Dhruv Malik, Ms. Palak Nenwani, and Mr. Ronit Chopra.
Final Outcome
- The Court allowed both Arbitration Petitions.
- Justice R.N. Laddha, former Judge of the High Court of Bombay, was appointed as the sole arbitrator.
- The seat and venue of arbitration are fixed at Mumbai, India, as per the arbitration agreement.
- The arbitrator is empowered to determine his own remuneration/fees.
- All pending interlocutory applications, if any, are disposed of.
Topics: Arbitration, Contract Dispute