Manmohan Bhimsen Goyal vs Madhuban Motors Pvt Ltd

Case Significance

Manmohan Bhimsen Goyal vs Madhuban Motors Pvt Ltd is a Bombay High Court decision dated December 23, 2025 (citation: ik-122823438). The petitioners challenged an arbitral award of Rs. 1,26,46,303 under a loan agreement, where Madhuban Motors had advanced Rs. 2.5 crore to Petitioner No. 1 in connection with the takeover of his travel business. The Court found the sole arbitrator was clearly conflicted under Section 12(5) of the Arbitration Act as he was unilaterally appointed by the respondent, and no express written waiver existed. The award was set aside as being against public policy and patently illegal. The case was heard by Justice Sandeep V. Marne. Counsel appearing: Chandrajit Das (counsel for respondent), Dharam Jumani (counsel for petitioner), Ketan Parekh (counsel for petitioner), Mihir Nerurkar (counsel for petitioner), Mutahhar Khan (counsel for respondent), P. R. Hariharan (counsel for respondent).