Supreme Court Stays Bombay High Court Order Directing CDSL To Pay ₹86.02 Lakh To Investor

On 7 August, the Supreme Court stayed the operation of a Bombay High Court order that had upheld an arbitral award directing Central Depository Services (India) Limited (CDSL) to pay Rs. 86.02 lakh with interest to investor Daksha Narendra Bhavsar for losses arising from the transfer and pledge of her demat shares by BRH Wealth Kreators Limited. A Division Bench comprising Justices J.B. Pardiwala and K. Vinod Chandran issued notice on CDSL's Special Leave Petition, returnable on 10 September...

Officers Representing Union Of India Cannot Independently Challenge Award: Chhattisgarh High Court

The Chhattisgarh High Court on 10 August held that officers or representatives appearing for the Union of India in arbitral proceedings cannot independently challenge an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, merely because they represented the Union during the proceedings. A Division Bench of Chief Justice Ramesh Sinha and Justice Ravindra Kumar Agrawal dismissed an appeal filed by officers of the South East Central Railway, holding that where an...

Supreme Court Upholds Interim Relief To Unsuccessful Arbitration Party In 'Rare, Compelling' Case

The Supreme Court on Tuesday upheld interim relief granted to an unsuccessful party in arbitration, finding that it had met the higher threshold required for post-award relief under Section 9 of the Arbitration and Conciliation Act, 1996.A bench of Justice K.V. Viswanathan and Justice Alok Aradhe upheld a Delhi High Court order directing National Projects Construction Corporation Ltd. (NPCC) to deposit ₹3.5 crore, which it had realised by invoking bank guarantees furnished by Ishvakoo (India)...

Russia Appoints Former CJI D.Y. Chandrachud As Arbitrator In Investment Treaty Dispute With Ukrainian Bank

Former Chief Justice of India D.Y. Chandrachud has been appointed by Russia as its arbitrator in a new investment treaty dispute brought by Ukrainian state-owned bank Oschadbank over assets and operations it says it lost in south-eastern Ukraine.According to a report published by Global Arbitration Review (GAR) on August 7, 2026, the dispute will be heard by a three-member tribunal under the 1998 Ukraine-Russia bilateral investment treaty. The tribunal will be presided over by Costa Rican...

Employee Named Arbitrator Pre-2015 Ineligible If Arbitration Had Not Yet Commenced: Tripura High Court

On 10 August, the Tripura High Court held that an employee or officer named as an arbitrator in an agreement executed before 23 October 2015 becomes ineligible to act as arbitrator if arbitration had not commenced before the 2015 amendment to the Arbitration and Conciliation Act, 1996. Chief Justice M.S. Ramachandra Rao allowed Kashinath Bhattacharjee's arbitration petition in a dispute under a Bharat Sanchar Nigam Limited (BSNL) tender agreement and rejected BSNL's attempt to appoint its...

Madras High Court Reduces Vedanta's Pre-Arbitration Interest From 14% To 9% In Masyc Projects Dispute

The Madras High Court on 31 July partly allowed Vedanta Limited's appeal arising from its dispute over the design, manufacture, supply and commissioning of a conveyor system for a copper concentrate warehouse at Tuticorin, while substantially upholding the arbitral award in favour of Masyc Projects Pvt. Ltd.A Division Bench of Justices P. Velmurugan and K. Govindarajan Thilakavadi held that interest awarded for the pre-arbitration and pendente lite periods must be commensurate with the...

Arbitrator Cannot Disregard Agreement To Treat WhatsApp Exchanges As Concluded Contract: Bombay High Court

The Bombay High Court has held that an arbitrator cannot disregard the terms of the contract under which a dispute was referred to arbitration and treat WhatsApp exchanges as a separate concluded agreement when that was never the pleaded case.Justice Sharmila U. Deshmukh partly set aside an arbitral award in a family partnership dispute involving a husband, his wife, and other family members. The court quashed the direction to pay 9% annual interest on a ₹5 crore loan, which the arbitrator had...

Company Cannot Deny Employee Equity By Relying On Its Own Failure To Frame ESOP Scheme: Bombay High Court

The Bombay High Court has recently held that a company cannot rely on its own failure to frame an Employee Stock Option Plan (ESOP) to deny an employee equity that was offered as part of his remuneration package.Justice N.J. Jamadar made the observation while dismissing Waterfield Advisors Private Limited's petition under Section 34 of the Arbitration and Conciliation Act, 1996. The company had challenged an arbitral award directing it to allot 31,878 equity shares to its former Director...

Mere Filing Of Company Petition In NCLT Does Not Bar Interim Relief Under Arbitration Act: Bombay High Court

The Bombay High Court has recently held that the mere filing of a company petition before the National Company Law Tribunal does not bar a shareholder from seeking interim relief under the Arbitration and Conciliation Act. This applies where the relief sought concerns rights arising from a Shareholders' Agreement containing an arbitration clause.Justice Amit Borkar, while partly allowing a petition filed by a 33% shareholder and Director of Farma Hub Overseas Pvt Ltd, rejected the objection...

Two Arbitration Places Can Both Be Seats If Parties Do Not Choose One: Madhya Pradesh High Court

The Madhya Pradesh High Court on 16 July held that where an arbitration agreement specifies two alternative places as the “place of arbitration” and the parties do not subsequently choose one, both places can operate as juridical seats of arbitration. Justice Vivek Jain accordingly referred the dispute between Idieal Multi Media Network Private Limited and newspaper publisher CMYK Printech Limited to arbitration and appointed former Calcutta High Court Chief Justice Sujoy Paul as the sole...

Bombay High Court Allows $200,733 Claim Against Victore Ships, Says Voluntary Absence Won't Bar Enforcement

The Bombay High Court on 5 August held that a party cannot claim it was unable to present its case when it voluntarily chose not to participate in arbitration, and allowed enforcement of a USD 200,733.01 foreign arbitral award, along with interest and costs, in favour of Osterreichischer Llyod Seereederei against Victore Ships Private Limited. A Bench of Justice Arif S. Doctor held: “Section 48(1)(b) is intended to protect a party who, for reasons beyond its control, was genuinely unable to...

LiveLawBiz Arbitration Cases Weekly Digest: August 2 - August 8, 2026

NOMINAL INDEXRajasthan Rajya Vidyut Utpadan Nigam Ltd. v. Parsa Kente Collieries Limited, 2026 LLBiz SC 262KKH Finvest Pvt. Ltd. and Another v. Ashiesh Shukla and Others, 2026 LLBiz SC 261Aroha Labs Pte. Ltd. v. Mr. Prem Dharmani & Ors., 2026 LLBiz HC(KAR) 133Rishabraj Estate Developers Pvt. Ltd. v. Heeramani Ratan Cooperative Housing Society Limited, 2026 LLBiz HC(BOM) 441M/s. S. E. Investments Ltd. (now known as Paisalo Digital Limited) v. Star Bazaar Private Limited & Ors., 2026 LLBiz...