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Arbitration agreement travels with assignment where assignee steps into original lender's shoes and borrower acts upon it: Bombay high court
Arbitration agreements remain valid through assignments, allowing assignees to assume the original lender's role, as confirmed by the Bombay High Court. Kotak Mahindra Bank Ltd. v. Sitaram Energy and Logistics Ltd. Citation: (2026) ibclaw.in 4019 HC Court: High Court of Bombay Case No.: Comm Arbitration Petition (L) No. 5535 of 2025 with Comm Arbitration Petition (L) No. 5944 of 2025 Decided on: 23-Jul-26 Coram: Mr. Justice Amit Borkar The Bombay High Court has held that wher
When courts step in before the award: Bombay high court explains the scope of section 9 in Norvic Shipping Asia PTE ltd. v. Zigma International
Bombay High Court Clarifies Legal Intervention: Understanding Section 9 in Norvic Shipping Asia PTE Ltd. v. Zigma International. The Bombay High Court in Norvic Shipping Asia PTE Ltd. v. Zigma International, Commercial Arbitration Petition (L) No. 15734 of 2026, decided on 2 July 2026, has delivered an important judgment explaining the scope of interim protection under Section 9 of the Arbitration and Conciliation Act 1996. The decision discusses the circumstances in which a
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