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Bombay High Court: Multi-State co-operative bank can invoke Section 84 arbitration despite SARFAESI action — RDB Act itself preserves option; Section 34 challenge dismissed

Court’s decision The Bombay High Court dismissed two Commercial Arbitration Petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996, challenging arbitral awards passed under Section 84 of…

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Rawlaw February 14, 2026

Posted inNews

Bombay High Court upholds statutory arbitration under Multi-State Co-operative Societies Act despite SARFAESI and RDB proceedings—“Option under RDB Act preserves Section 84 remedy”; Section 34 challenge dismissed

1. Court’s decision The Bombay High Court dismissed two petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996 challenging arbitral awards passed under Section 84 of the…

Posted by

Rawlaw February 13, 2026

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