ERACH KHAVAR vs NIRMAL BANG SECURITIES PVT.LTD

Neeta Sawant 20-Arbitration Appeal No.12-2025 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION APPEAL NO. 12 OF 2025 Erach Khavar ....Appellant (Orig.Respondent/Petitioner) : Versus : Nirmal Bang Securities Pvt. Ltd. ....Respondent/ (Original Petitioner) Mr. Bimal Rajasekhar with Mr. Sunand Subramaniam, for the Appellant. Mr. Naushad Engineer, Senior Advocate with Mr. Sharad Bansal & Mr. Jayant Gaikwad i/b. Ajay Khandhar & Co. for the Respondent. CORAM : CHIEF JUSTICE, & SANDEEP V. MARNE, J. DATED : 25 AUGUST 2025. JUDGMENT ( Per : Sandeep V. Marne, J.) 1) This is an Appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 (the Act) challenging the judgment and order dated 30 April 2024 passed by the learned _______________________________________________________________________________ Page No.1 Of 18 Monday, 25 August 2025 Neeta Sawant 20-Arbitration Appeal No.12-2025 Single Judge of this Court allowing Arbitration Petition No. 742 of 2017 filed by the Respondent and dismissing Arbitration Petition No. 228 of 2018 filed by the Appellant. The Learned Single Judge has set aside Majority Award dated 8 August 2017 and has u