Aditya Birla Housing Finance Limited vs Axis Bank Ltd

Neeta Sawant CARBP-104-2025 JUDGMENT.docx IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO. 104 OF 2025 Aditya Birla Housing Finance Ltd. …..PETITIONER : VERSUS : Axis Bank Limited & Ors. ….RESPONDENTS 1. Mr. Sarfaraz Shaikh i/b. Mr. Rishi Kapoor and Mr. Ankur G. for Respondent Nos.2 to 5. CORAM : SANDEEP V. MARNE, J. JUDGMENT RESD. ON : 6 JANUARY 2026. JUDGMENT PRON. ON : 19 JANUARY 2026. JUDGMENT : 1) This is a petition filed under Section 9 of the Arbitration and Conciliation Act, 1996 (Arbitration Act) seeking interim measures before commencement of arbitral proceedings. Petitioner seeks a direction against Respondent No.1-Axis Bank to handover title deeds of the subject property to it during pendency of hearing and final disposal of arbitral proceedings between the parties. 2) Petitioner is a private limited company engaged in the business of housing finance. Respondent No.1 is a banking company doing business under the Banking Regulation Act, 1949. Respondent Nos. 2 to 5 _____________________________________________________________________________ PAGE NO. 1 of 18 19 JANUARY 2026 Neeta Sawant CARBP-104-2025 JUDG