JUDGMENT

[VIA VIDEO CONFERENCING]

Sanjeev Narula, J. (Oral). - The present appeals under Section 37(2)(a) of the Arbitration and Conciliation Act, 1996 [hereinafter referred to as the 'A&C Acf'], impugned four separate orders dated 22nd October, 2020, passed by the learned Arbitrator under Section 16 of the A&C Act.

2. Since the impugned orders have identical reasoning, and all the appeals contain common grounds of challenge, the same are fit to be disposed of by way of this common order.

Brief Facts

3. A summary of the facts of the case, is as follows:

3.1. In March 2014, seven companies forming part of the Zee Group of Companies approached the Appellant viz. Religare Finvest Limited [hereinafter, "Religare"] to avail loan facilities for investment and consolidation of promoters' interest in their group companies.

3.2. Separate Loan Agreements dated, all on 15th March, 2014 [hereinafter referred to as the "Loan Agreements"] were entered into between Religare and (i) Asian Satellite Broadcast Pvt. Ltd.,[1] (ii) Konti Infrapower & Multiventures Pvt. Ltd.,[2] (iii) Wide screen Holdings Pvt. Ltd.,[3] and (iv) Edisons Infrapower & Multiventures Pvt. Ltd.[4] [hereinafter collectively referred