Arbitration case
High CourtCommercial LawThe Bombay High Court has flagged the unilateral appointment of arbitrators by NBFCs and banks through institutions or algorithms. The case involves a legal issue regarding the appointment of arbitrators and the conduct of arbitration proceedings. The court's ruling is expected to have significant implications for the conduct of arbitration proceedings. The Bombay High Court has emphasized the need for transparency and fairness in the appointment of arbitrators. The case highlights the importance of commercial law and the principles of arbitration law.