Arbitration Initiated by Tribunal Appointed Without Consent Is Non Est, Interim Orders Freezing Accounts Set Aside: Supreme Court in Arth Micro Finance v. Shivalik Small Finance Bank [2026 INSC 1014]
Supreme Court holds arbitration initiated by a tribunal appointed without the borrowers' consent and despite a bias objection non est, sets aside orders freezing accounts and taking over properties, orders refunds and appoints a new arbitrator.