Trucap Finance Secures Sole Arbitrator Appointment

Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: 17 September 2026

Case Overview

• Applicant: Trucap Finance Ltd; Respondents: Karma Media and Entertainment LLP and others.
• Arbitration Application No. 366 of 2026 filed under Section 11 of the Arbitration and Conciliation Act, 1996.
• Disputes arise from Agreements dated 6 October 2023 and 9 November 2023, containing arbitration clause in Clause 36.
• Applicant invoked arbitration by notice dated 2 March 2026.
• Court found arbitration agreement valid and subsisting.

Final Outcome

• Mr. Abhishek Kothari, Advocate of this court, appointed as Sole Arbitrator. Office address: C/o Sr. Adv. Ashish Kamat, 501, Oval House, British Hotel Lane, Kala Ghoda, Mumbai – 400001. Email: abhishekkothary@gmail.com.
• Applicant to forward copy of this order to the arbitrator within one week and provide contact details of parties.
• Arbitrator to forward statutory Statement of Disclosure under Section 11(8) read with Section 12(1) to both parties within two weeks.
• Parties to appear before arbitrator as directed for scheduling pleadings, witness examination, and hearings, and to furnish functional email addresses and phone numbers.
• Arbitral costs and fees to be borne equally by parties initially, subject to adjustment by final award.
• Arbitrator empowered to adjudicate claims, counterclaims, and merits per law.

Topics: Arbitration, Court Order