Supreme Court Clarifies Arbitration Mandate for Bank-to-Bank Disputes Under SARFAESI Act — “Dispute Between Two Banks, Not Bank and Borrower, Must Be Resolved Through Arbitration” - "No Written Arbitration Agreement Required, Section 11 Provides Independent Statutory Mandate for Arbitration"
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Supreme Court Clarifies Arbitration Mandate for Bank-to-Bank Disputes Under SARFAESI Act — “Dispute Between Two Banks, Not Bank and Borrower, Must Be Resolved Through Arbitration” – “No Written Arbitration Agreement Required, Section 11 Provides Independent Statutory Mandate for Arbitration”

Court’s Decision The Supreme Court set aside the judgment of the Punjab & Haryana High Court dated 07.10.2020 and the subsequent order of the Debt Recovery Tribunal (DRT) dated 12.02.2020.…
May 28, 2025