Supreme Court Paves Way for Expeditious Adjudication: Sole Arbitrator Appointed in MSME Dispute Upon Express Consent to Regular Arbitration
Citation: Civil Appeal No. 10750 of 2026 (arising out of SLP (C) No. 24388 of 2026); 2026 INSC 874 (Non-Reportable). Coram: Hon’ble Mr. Justice J.B. Pardiwala and Hon’ble Mr. Justice K. Vinod Chandran. Date of Final Disposition: 13 August 2026. Introduction In a noteworthy exercise of its plenary powers under Article 136 of the Constitution of India, the Supreme Court has facilitated the expeditious resolution of a commercial dispute involving a micro/small enterprise by appointing a sole arbitrator, while concurrently delineating the legal consequences flowing from a party’s express consent to opt out of the statutory adjudicatory mechanism under the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act” or “the Act of 2006”). The order underscores the doctrine of waiver and the principle that benefits under a special statute cannot be claimed de hors the statutory scheme once a party has consciously elected an alternative forum. Factual...