Kirloskar Brothers Ltd: Supreme Court orders arbitration tribunal
Kirloskar Brothers Ltd announced that the Hon'ble Supreme Court of India, by an order dated August 11, 2026, has disposed of Special Leave Petitions related to a dispute arising from a 2009 Family Settlement Deed. The court has directed the constitution of a three-member Arbitral Tribunal to adjudicate the disputes. Justice Nitin Madhukar Jamdar and Justice K. R. Shriram have been appointed as nominee arbitrators for the company and respondents, respectively. They are tasked with jointly appointing a presiding arbitrator within four weeks. The seat of arbitration will be Pune. Crucially, the Supreme Court has left all contentions regarding arbitrability and the scope of the arbitration clause open for the Arbitral Tribunal to decide as a preliminary issue.
Key Highlights
- Supreme Court orders formation of a three-member Arbitral Tribunal.
- Arbitrators appointed; they must jointly select a presiding arbitrator.
- Arbitrability and scope of arbitration clause to be decided by the tribunal.
- Seat of arbitration confirmed as Pune.
- Dispute stems from a 2009 Family Settlement Deed and non-compete obligations.
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