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Indian Bank vs. Union Bank of India & Anr.

Arbitration Petition · 2026:DHC:8025Decided 18 Sept 2026New Delhi Bench
ARB.P. 1675/2026CNR: DLHC010444072026
Justice Om Prakash Shukla

Background

Indian Bank had filed a petition seeking appointment of an arbitrator in a dispute with Union Bank of India. At the hearing, the Bank's counsel sought to withdraw the petition, with liberty to refile it later if needed. This is a brief procedural order rather than a substantive ruling.

Decision Breakdown

The Court granted leave and liberty to withdraw as requested, and dismissed the petition (along with any pending applications) as withdrawn, without deciding any of the underlying merits.

Lesson Learnt

Not every court filing ends in a decision on the merits: parties can withdraw a case at any stage and refile later if circumstances change, without losing their underlying rights.

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