ZANMAI LABS PRIVATE LIMITED vs BITCIPHER LABS LLP

Judgment text excerpt

OJ-5, 6 & 7-CPCD-18-2025+.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION (L) NO. 11646 OF 2025 WITH INTERIM APPLICATION (L) NO. 12640 OF 2025 IN COMMERCIAL ARBITRATION PETITION (L) NO. 11646 OF 2025 Zanmai Labs Private Limited …Petitioner Versus Bitcipher Labs LLP …Respondent WITH COMMERCIAL ARBITRATION PETITION (L) NO. 11975 OF 2025 WITH INTERIM APPLICATION (L) NO. 12539 OF 2025 IN COMMERCIAL ARBITRATION PETITION (L) NO. 11975 OF 2025 Zanmai Labs Private Limited …Petitioner Versus Nextgendev Solutions Private Limited …Respondent WITH CONTEMPT PETITION IN COMM. DIVISION MATTERS NO.18 OF 2025 Bitcipher Labs LLP …Petitioner Versus Zanmai Labs Private Limited …Respondent Digitally signed by ASHWINI ASHWINI JANARDAN JANARDAN VALLAKATI VALLAKATI Date: 2025.10.09 15:04:38 +0530 Page 1 of 24 October 7, 2025 Ashwini Vallakati OJ-5, 6 & 7-CPCD-18-2025+.doc WITH CONTEMPT PETITION IN COMM. DIVISION MATTERS NO.19 OF 2025 Nextgendev Solutions Private Limited …Petitioner Versus Zanmai Labs Private Limited …Respondent Mr. Shyam Kapadia, Counsel, a/w Ravitej Chilumuri, Aafreen Noor, Ishita Mundhra, i/b Khaitan & Co., for the Petitioner in CPCDL/10985/25 & 11019/25 & for Respondent in CARBPL/11646/25, IAL/12640/25, CARBPL/11975/25 & IAL/12539/25. CORAM : SOMASEKHAR SUNDARESAN, J. DATE : OCTOBER 7, 2025 ORAL JUDGEMENT: Context and Factual Background: 1. The captioned Petitions filed under Section 37 of the Arbitration and Conciliation Act, 1996 (“ the Act”) challenging the decision of the Learned Arbitral Tribunal contained in two orders passed under Section 17 of the Act dated December 16, 2024 and March 12, 2025 (collectively, “Impugned Order”). The Learned Arbitral Tribunal has directed that