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2025 DAILYLAW 48360 (KAR)

M/S. SONA VT TOWERS AND v. MAVERICK HOLDINGS AND

CMP/545/2024 · 2025-12-09

E S Indiresh

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH CIVIL MISC. PETITION NO.545 OF 2024 C/W CIVIL MISC. PETITION NO.527 OF 2024 IN CMP No.545/2024 BETWEEN: M/S. SONA VT TOWERS AND ESTATES PRIVATE LIMITED (FORMERLY KNOWN AS SONA SPORTS ENTERTAINMENT PRIVATE LIMITED) AN EXISTING COMPANY UNDER THE COMPANIES ACT, 2013 AND HAVING ITS REGISTERED OFFICE AT OFFICE NO.71, "SONA TOWERS", 8TH FLOOR, MILLERS ROAD, VASANTH NAGAR, BENGALURU KARNATAKA - 560 052 REP. BY VALLIAPPA THIAGARAJN. …PETITIONER (BY SRI. SHRIKARA.P.K., ADVOCATE) AND: 1. MAVERICK HOLDINGS AND INVESTMENTS PRIVATE LIMITED, AN EXISTING COMPANY UNDER THE Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 COMPANIES ACT, 2013, HAVING ITS REGISTERED OFFICE AT 78/1, NEW K.R. ROAD, BASAVANAGUDI, BANGALORE - 560 004, REPRESENTED BY ITS AUTHORISED SIGNATORY SRI. M.R. NANDEESH 2. EUROAMER GARUDA RESORTS (INDIA) PRIVATE LIMITED, AN EXISTING COMPANY UNDER THE COMPANIES ACT, 2013 HAVING ITS REGISTERED OFFICE AT 78/1 NEW K.R. ROAD, BASAVANAGUDI BANGALORE - 560 004 REPRESENTED BY ITS AUTHORIZED SIGNATORY SRI. MAHESH S. DESHPANDE. …RESPONDENTS (BY SRI. SIDDANOORU VISHWANATHA, ADVOCATE FOR R1 AND R2) THIS CIVIL MISC. PETITION IS FILED UNDER SEC.11(4) OF THE ARBITRATION AND CONCILIATION ACT 1996, PRAYING TO PASS AN ORDER I. APPOINTING SRI. VISHWANATH V ANGADI (FORMER DISTRICT JUDGE) AS THE SOLE ARBITRATOR OR ANY OTHER SUITABLE PERSON FOR ADJUDICATION OF ALL THE DISPUTES BETWEEN THE PARTIES AS PER THE TERMS OF CLAUSE 10.1 OF THE AGREEMENT, UNDER THE AEGIS OF THE KARNATAKA DOMESTIC AND INTERNATIONAL ARBITRATION AND CONCILIATION CENTRE, KHANIJA BHAVANA, RACECOURSE ROAD, BENGALURU, - 3 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 ARISING OUT OF THE LEAVE AND LICENSE AGREEMENT DATED 25.11.2019 (ANNEXURE-A). IN CMP NO. 527/2024 BETWEEN: M/S. SONA VT TOWERS AND ESTATES PRIVATE LIMITED (FORMERLY KNOWN AS SONA SPORTS ENTERTAINMENT PRIVATE LIMITED) AN EXISTING COMPANY UNDER THE COMPANIES ACT 2013 AND HAVING ITS REGISTERED OFFICE AT OFFICE NO. 71, "SONA TOWERS", 8TH FLOOR, MILLERS ROAD, VASANTH NAGAR, BENGALURU KARNATAKA - 560 052 REP. BY DIRECTOR VALLIAPPA THIAGARAJN. ...PETITIONER (BY SRI. SHRIKARA P.K, ADVOCATE) AND: MAVERICK HOLDINGS AND INVESTMENTS PRIVATE LIMITED, AN EXISTING COMPANY UNDER THE COMPANIES ACT, 2013, HAVING ITS REGISTERED OFFICE AT 78/1, NEW K.R. ROAD, BASAVANAGUDI, BANGALORE - 560 004, REPRESENTED BY ITS AUTHORISED SIGNATORY SRI. M.R. NANDEESH - 4 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 ...RESPONDENT (BY SRI. SIDDANOORU VISHWANATHA, ADVOCATE) THIS CIVIL MISC. PETITION IS FILED UNDER SECTION 11 (4) (5) OF THE ARBITRATION AND CONCILIATION ACT, 1996 PRAYING TO PASS AN ORDER I. APPOINTING SRI. VISHWANATH V ANGADI (FORMER DISTRICT JUDGE) AS THE SOLE ARBITRATOR OR ANY OTHER SUITABLE PERSON FOR ADJUDICATION OF ALL THE DISPUTES BETWEEN THE PARTIES AS PER THE TERMS OF CLAUSE 10.1 OF THE AGREEMENT, UNDER THE AEGIS OF THE KARNATAKA DOMESTIC AND INTERNATIONAL ARBITRATION AND CONCILIATION CENTRE, KHANIJA BHAVANA, RACECOURSE ROAD, BENGALURU, ARISING OUT OF THE LEAVE AND LICENSE AGREEMENT DATED 25.12.2019 (ANNEXURE-B). THESE PETITIONS, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH - 5 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 ORAL ORDER Heard the learned counsel appearing for the parties. 2. In these petitions, the petitioner has sought for appointment of an Arbitrator to adjudicate the dispute that have arisen between the parties in relation to the Leave and License Agreement dated 25.11.2019 and 25.12.2019, in accordance with the provisions of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the ‘Act’). 3. Having taken note of the submissions made by the learned counsel appearing for the parties and as the resolution of the dispute is to be resolved by the Arbitrator in terms of Clause-10.2 of the Leave and License Agreement dated 25.11.2019 at Annexure-A in CMP.No.545/2024 and Leave and License Agreement dated 25.12.2019 at Annexure-B in CMP.No.527/2024, I am of the considered opinion that, an Arbitrator is to be appointed to adjudicate the dispute between the parties. - 6 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 4. Accordingly, these petitions are allowed. Sri. M.G.Sudheendra, Retired District Judge, is appointed to enter into the said reference of Arbitration and act as the Sole Arbitrator in the present case in the Arbitration and Conciliation Centre (Domestic & International), Bengaluru, as per the Rules governing the said Arbitration Centre. 5. All claims and contentions of the parties are kept open to be decided by the Arbitral Tribunal. 6. A copy of this order be sent forthwith to the Arbitration and Conciliation Centre (Domestic & International), Khanija Bhavan, Bengaluru, for proceeding further in the matter. 7. Registry is directed to return all original documents produced by any of the parties after obtaining Photostat copies of the same. 8. Since the parties are represented through their learned counsels and in order to avoid further delay in the matter, the parties are directed to appear before the Arbitration - 7 - HC-KAR NC: 2025:KHC:52097 CMP No. 545 of 2024 C/W CMP No. 527 of 2024 and Conciliation Centre on 19.01.2026, without waiting for further notice in this regard. SD/- (E.S.INDIRESH) JUDGE SMJ List No.: 1 Sl No.: 12