Hpcl Bio-Fuels Ltd vs Shahaji Bhanudas Bhad

The Supreme Court addressed the applicability of Section 11(6) of the Arbitration and Conciliation Act, 1996, clarifying that it is distinct from applications under Section 9 of the Insolvency and Bankruptcy Code (IBC). The Court held that the High Court's appointment of an arbitrator was justified, emphasizing that the arbitration process must be initiated as per the agreed terms in the contract. The appeal by HPCL Biofuels Ltd. was dismissed, affirming the High Court's decision to appoint Justice (Retd.) Dilip Bhosale as the sole arbitrator.