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2025 DAILYLAW 57650 (KAR)

PLAY ARENA SPORTS AND ADVENTURE PRIVATE LIMITED v. SURYA RAY ELIXIRS PRIVATE LIMITED

COMAP/408/2025 · 2025-07-29

C M Joshi

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:29249-DB COMAP No. 408 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF JULY, 2025 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MR. JUSTICE C M JOSHI COMMERCIAL APPEAL NO. 408 OF 2025 BETWEEN: 1. PLAY ARENA SPORTS AND ADVENTURE PRIVATE LIMITED A COMPANY REGISTERED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956 AND HAVING ITS REGISTERED OFFICE AT SURVEY NUMBER 75 KASAVANAHALLI, BANGALORE 560 035 REPRESENTED BY ITS AUTHORIZED REPRESENTATIVE MR. SHARATH S. REDDY …APPELLANT (BY SRI VIKHAR AHMED B.,ADVOCATE) AND: 1. SURYA RAY ELIXIRS PRIVATE LIMITED A COMPANY REGISTERED UNDER THE PROVISIONS OF THE COMPANIES ACT BEARING CIN NUMBER U74999TG2008PTC059022 HAVING ITS OFFICE AT Q2-A1 10TH FLOOR, CYBER TOWERS HITEC CITY MADHAPUR, HYDERABAD-500 081 Digitally signed by PRABHAKAR SWETHA KRISHNAN Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:29249-DB COMAP No. 408 of 2025 ALSO AT PLOT NO 40, ROAD No.7 JUBILEE HILLS HYDERABAD - 500 033. 2. M/S SURYA RAY ELIXIRS A PARTNERSHIP FIRM HAVING ITS OFFICE AT PLOT NO 40 ROAD No.7, JUBILEE HILLS HYDERABAD - 500 033. …RESPONDENTS THIS COMMERCIAL APPEAL IS FILED UNDER SECTION 13(1) OF COMMERCIAL COURT ACT R/W SEC.37 OF THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO SET ASIDE THE ORDER DATED 28.03.2025 PASSED BY THE LEARNED ARBITRATOR IN INTERLOCUTORY APPLICATION NO.I IN ARBITRATION CASE NO.5 OF 2024 & ETC. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: - 3 - HC-KAR NC: 2025:KHC:29249-DB COMAP No. 408 of 2025 CORAM: HON'BLE MR. VIBHU BAKHRU ,CHIEF JUSTICE and HON'BLE MR. JUSTICE C M JOSHI ORAL JUDGMENT (PER: HON'BLE MR. VIBHU BAKHRU,CHIEF JUSTICE) 1. Mr. Vikhar Ahmed B, the learned counsel for the appellant seeks permission to withdraw the present appeal. He fairly states that the appeal may not be maintainable as per the provisions of the Commercial Courts Act, 2015. 2. In view of the above submission, the present appeal is dismissed as withdrawn. 3. Pending application is also disposed of. Sd/- (VIBHU BAKHRU) CHIEF JUSTICE Sd/- (C M JOSHI) JUDGE KPS List No.: 1 Sl No.: 51