Bombay High Court

HDFC SECURITIES LIMITEDversusVeeresh Radharam

Decided: 19 August 2026
Disposal: DISPOSED OFF

Holding

The three‑day delay in filing the arbitration petition is condoned.

Summary

HDFC Securities Limited filed an application before the Bombay High Court seeking condonation of a three‑day delay in filing its arbitration petition under Section 34 of the Arbitration and Conciliation Act, 1996. The notice of the application for condonation was served on the respondent, Veeresh Radharam, on 12 March 2026, but the respondent did not appear. The applicant pleaded justifiable reasons for the short delay. The Court, after considering the brevity of the delay and the interest of substantive justice, held that the delay merited condonation. Accordingly, the application was allowed and the arbitration petition was ordered to be numbered and listed for admission after two weeks.

Issues considered

Whether a three‑day delay in filing an arbitration petition under Section 34 of the Arbitration and Conciliation Act, 1996, can be condoned.

Legislation cited

Arbitration and Conciliation Act, 1996 — s. 34

Subjects

Arbitration
Condonation of delay
Section 34
High Court
Civil Procedure

Judgment

                                                                                  31-IA-5698-2025.DOC




                                 IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                     ORDINARY ORIGINAL CIVIL JURISDICTION
                                      INTERIM APPLICATION NO. 5698 OF 2025
                                                          IN
                                   ARBITRATION PETITION (L) NO. 27748 OF 2025


                      HDFC Securities Limited                                        ...Applicant
                            Versus
                      Veeresh Radharam                                            …Respondent


                      Mr. Amit Singh (through VC), with Bhushan Bhadgale, i/b Abhay
                            Nevagi and Associates, for the Applicant.

                                                    CORAM:           N. J. JAMADAR, J.
                                                    DATE :           19th AUGUST 2026


                      P.C.:

                      1.      Heard the learned Counsel for the Applicant.
ARUN
RAMCHANDRA
SANKPAL
                      2.      The office report indicates that the notice of the Application for
Digitally signed by
ARUN
RAMCHANDRA
SANKPAL
Date: 2026.08.21
09:18:17 +0530
                      condonation of delay has been duly served on the Respondent on 12 th

                      March 2026.

                      3.      None appears for the Respondent.

                      4.      This is an Application for condonation of three days delay in

                      filing the Petition under Section 34 of the Arbitration and Conciliation

                      Act, 1996.




                      ARS                                      1/2
                                                        31-IA-5698-2025.DOC

5.    In paragraphs 4 and 5 of the Application, the Applicant has

ascribed justifiable reasons for condonation of three days delay in filing

the Arbitration Petition.

6.    Having regard to the short period of delay and to advance the

cause of substantive justice, the delay deserves to be condoned.

7.    The Application thus stands allowed in terms of prayer clause (a).

8.    Arbitration Petition be numbered and listed for admission after

two weeks.

                                            [N. J. JAMADAR, J.]




ARS                                   2/2

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Amit Singh