This judgment is about the Bombay High Court appointing an arbitrator in a Section 11 application, holding that a Term Sheet which is largely non-binding but keeps certain obligations (including exclusivity) binding can still support an arbitration agreement that applies to those binding provisions.

Case Snapshot

• Case Name: Nisus Finance Services Co. Limited & Anr. v. Blisvins Realty Private Limited & Ors.

• Citation / Neutral Citation: Arbitration Application; 2026:BHC-OS:23526

• High Court: High Court of Judicature at Bombay

• Bench: Hon’ble Mr. Justice Amit Borkar (Single Judge)

• Date of Judgment: 30.10.2026

• Area of Law: Arbitration & Conciliation Act, 1996 — Sections 7, 11, 12, 16; Term Sheet and Arbitration Agreement

Judgment Headline

Bombay High Court Appoints Arbitrator, Holds Clauses 23 and 25 of Non-Binding Term Sheet Enforceable

The Judgment in One Line

The Bombay High Court appointed a sole arbitrator, holding that even a largely non-binding Term Sheet can support arbitration where it keeps certain obligations like exclusivity binding and its clause refers to disputes

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