L And T Finance Limited vs M/S R.K. Automobiles
Judges (1)
Counsel (1)
Case Significance
L And T Finance Limited vs M/S R.K. Automobiles is a Delhi High Court decision dated February 18, 2026 (citation: ik-126907498). L&T Finance sought appointment of a Sole Arbitrator under Section 11 of the Arbitration Act to resolve disputes arising from a Facility Agreement dated 31.08.2020 with R.K. Automobiles, where the outstanding amount was approximately Rs. 69 lakhs. The court noted the unilateral arbitration clause naming an LTF employee as arbitrator, held it unenforceable following Supreme Court precedent, and appointed Ms. Sukhbeer Kour Bajwa, Advocate, as the independent Sole Arbitrator. The petition was dis The case was heard by Justice Harish Vaidyanathan Shankar. Counsel appearing: Arvind Jadon (counsel for petitioner).
Summary
L&T Finance sought appointment of a Sole Arbitrator under Section 11 of the Arbitration Act to resolve disputes arising from a Facility Agreement dated 31.08.2020 with R.K. Automobiles, where the outstanding amount was approximately Rs. 69 lakhs. The court noted the unilateral arbitration clause naming an LTF employee as arbitrator, held it unenforceable following Supreme Court precedent, and appointed Ms. Sukhbeer Kour Bajwa, Advocate, as the independent Sole Arbitrator. The petition was disposed of with fees per the Fourth Schedule.
What was the outcome of L And T Finance Limited vs M/S R.K. Automobiles?
L&T Finance sought appointment of a Sole Arbitrator under Section 11 of the Arbitration Act to resolve disputes arising from a Facility Agreement dated 31.08.2020 with R.K. Automobiles, where the outs...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-126907498)