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2025 Supreme(Bom) 1963

IN THE HIGH COURT OF JUDICATURE AT BOMBAY
SANDEEP V.MARNE
Sanjeev Malhotra – Appellant
Versus
SBI Global Factors Ltd. – Respondent


Advocates Appeared:
For The Petitioner:Mr. Haresh Jagtiani, Senior Advocate with Mr. V.N. Shingnapurkar, Mr. Harshad Shingnapurkar, Mr. Pushpvijay Kanoji, Mr. Pranay Kamdar, Mr. Ritwik Kulkarni and Mr. Dhananjay Nagarkar.
For the Respondents: Mr. Cherag Balsara with Mr. Ashish Mehta and Ms. Jovita Pareira i/b. Mr. Raj Kakde, Mr. Mahesh Ayar.

Table of Content
1. arbitration act petition filed to invalidate an arbitral award. (Para 1)
2. factual background on parties and agreements. (Para 2 , 3 , 4)
3. details of claims and underlying disputes. (Para 5 , 6)
4. petitioner's application against the arbitral award. (Para 7 , 8)
5. objections raised against the award. (Para 9 , 10 , 11)
6. defending the arbitral tribunal's decisions. (Para 12 , 13)
7. claims regarding delay and its implications. (Para 14 , 15 , 16)
8. court's observations on procedural issues. (Para 18)
9. operative directions of the arbitral award. (Para 19 , 20)
10. assessment of the arbitral tribunal’s findings. (Para 21 , 22 , 23)
11. delay in the award and its significance. (Para 24 , 25)
12. court's views on timing of award delivery. (Para 26 , 27 , 28)
13. consequences of procedural delays in arbitration. (Para 29 , 30)
14. arguments on non-decision of interim applications. (Para 31 , 32 , 33)
15. discussion on the validity of grounds for objection. (Para 34 , 35 , 36)
16. applicability of laws and previous judgments. (Para 37 , 38 , 39)
17. determining the adequacy of reasoning in awards. (Para 40 , 41 , 42)
18. final objections and rejection of claims. (Para 43 , 44)

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