Authority: High Court of Judicature at Bombay

Order Date: 8 October 2026

Case Overview

  • Applicant: Tata Capital Limited (represented by Mr. Nikhil Mehta, i/b KMC Legal Venture).
  • Respondent: Lokendra and Others.
  • Arbitration Application No. 461 of 2026 filed under Section 11 of the Arbitration and Conciliation Act, 1996.
  • Dispute arises from an Agreement dated 8 August 2012; arbitration clause is Clause 23 (copy at page 36 of the application).
  • Tata Capital invoked the arbitration clause by issuing a notice on 27 January 2026.
  • The application was digitally signed by Sayali Deepak Upasani on 8 October 2026.
  • The Court, after confirming a valid and subsisting arbitration agreement, deemed the matter within its jurisdiction.

Final Outcome

  • Mr. Jash Gandhi is appointed as the Sole Arbitrator to adjudicate the disputes arising out of the 2012 Agreement.
  • Office Address of Arbitrator: 3rd Office, Brady House Building, 2nd Floor, Kala Ghoda, Mumbai – 400 001.
  • A copy of this Order must be communicated to the Sole Arbitrator by the Applicant’s advocates within one week.
  • The Applicant shall furnish the Arbitrator with contact particulars of both parties and a copy of this Order.
  • The Sole Arbitrator is directed to forward the statutory Statement of Disclosure under Section 11(8) read with Section 12(1) of the Act to the Applicant’s advocates for filing in the Court Registry; the Registry will retain the statement and provide a copy to the Respondent’s advocates.
  • Parties shall appear before the Sole Arbitrator on dates and places indicated by him for directions on conduct of proceedings, including schedule for pleadings, witness examination, and hearing dates. Valid email, mobile, and landline numbers of each party’s advocates must be provided; communications to these emails constitute valid service.
  • All arbitral costs and fees shall be borne equally by the parties initially, subject to adjustment by the final Award.
  • The Sole Arbitrator is empowered to adjudicate any claims or counter‑claims and determine merits in accordance with law.
  • All actions required under this order shall be taken upon receipt of a downloaded copy from the Court’s website.
  • The Commercial Arbitration Application is disposed of in the terms above.

Topics: Arbitration, Banking & NBFC