# MANGAL CREDIT AND FINCORP LIMITED vs ULKA CHANDRSHEKHAR NAIR

Court: Bombay High Court
Date: 2025-10-01
Citation: ARBAP/419/2025
Petitioner: MANGAL CREDIT AND FINCORP LIMITED
Respondent: ULKA CHANDRSHEKHAR NAIR

[Official PDF on Bombay High Court website](https://bombayhighcourt.gov.in/bhc/file/download/eyJpdiI6IjY2S1VEbFlkazhONzFxVW1WZXRaaUE9PSIsInZhbHVlIjoiQVNDNkJTaW1tT3BmMEsvbUVZQTM5bHR2bGtkNlhRTGhxTzZTSUlubGliNm1iRGdMYjlrR0FTSE95QUJ3cEZFOVhjOVJWNFRPbUY5dks5OWVkd0RlMVE9PSIsIm1hYyI6IjVhNmVjNWZiYzU2ZjhmNTgyYmYyNGJkZWI4OTVjZjM2ZDg0MTA2MTk3ZDQzMmM4NTZkMzAxZDJiN2FiMzg2NTciLCJ0YWciOiIifQ==?expires=1782774866&signature=b40e2642730ef19951c360b8185fa14f547908d1238ebb9d257d79eddbe1a0f3)

## Judgment text (excerpt)

063. ) ...Applicant Versus Ulka Chandrshekhar Nair ) Gunvant Villa, 7 Bungalows, Versova ) Andheri West, Mumbai 400 061. ) ...Respondent ______________________________________________________ Mr. Pankaj Jain, a/w Pradeep Purohit i/by P. D. Jain & Co., for the Applicant. Mr. Reshant V. Shah, i/by Lex Conseiller Shah, for the Respondent (appeared online). ______________________________________________________ CORAM : ADVAIT M. SETHNA, J. RESERVED ON : 26 SEPTEMBER 2025 PRONOUNCED ON : 1 OCTOBER 2025 JUDGMENT: 1. This is an Application under Section 11 of the Arbitration and Conciliation Act, 1996 (“ACA” for short) praying for an appointment of a sole arbitrator under Section 11 of the ACA. This is to adjudicate disputes between the Applicant and the Respondent, arising out of the 1-ARBAPL-29984-2023.DOCX Mortgage Deed dated 28 December 2020 (“The said Mortgage Deed” for short) which entails an Arbitration Clause. Issue:- 2. The intriguing Issue that falls for determination in these proceedings revolves around the existence, maintainability and entertainability of the arbitration clause/agreement contained in the said Mortgage Deeds, given the Respondent’s contention that on account o

https://niyam.ai/judgements/high-court/2025/october/mangal-credit-and-fincorp-limited-vs-ulka-chandrshekhar-nair