Ankhim Holdings Pvt. Ltd vs Zaveri Construction Pvt. Ltd

The Supreme Court granted leave to appeal against the Bombay High Court's order substituting an arbitrator under Section 15(2) of the Arbitration and Conciliation Act, 1996. The High Court had held that arbitral proceedings conducted during the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016, were null and void. The key issue was whether arbitration proceedings can continue during the moratorium imposed by the IBC. The Supreme Court's intervention highlights the tension between arbitration law and insolvency proceedings, emphasizing the need to respect the moratorium period under the IBC.