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2025 DAILYLAW 73325 (KAR)

NAVI LIMITED v. PEOPLE NEST MANAGEMENT CONSULTANTS

CMP/231/2025 · 2025-11-14

Suraj Govindaraj

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:46865 CMP No. 231 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14TH DAY OF NOVEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ CIVIL MISC. PETITION NO. 231 OF 2025 BETWEEN: NAVI LIMITED PRESENTLY HAVING ITS REGISTERED OFFICE AT 9TH FLOOR, VAISHNAVI TECH SQUARE, IBALLUR VILLAGE, BEGUR HOBLI, HSR LAYOUT, BANGALORE-560 102, REPRESENTED BY ANKIT AGARWAL, CFO AND EXECUTIVE DIRECTOR. …PETITIONER (BY SRI. VEDANTH ANAND, ADVOCATE) AND: PEOPLE NEST MANAGEMENT CONSULTANTS HAVING ITS REGISTERED OFFICE AT NO. 95, 4TH FLOOR, GOLD SIGNATURE, MOSQUE ROAD, FRAZER TOWN, BANGALORE-560 005, REPRESENTED BY ITS AUTHORIZED REPRESENTATIVE. …RESPONDENT (BY SRI. GAUTAMADITYA S, ADVOCATE) THIS CMP IS FILED UNDER SECTION 11(5) OF ARBITRATION AND CONCILIATION ACT, 1996 PRAYING TO APPOINT A SOLE ARBITRATOR TO ARBITRATE THE DISPUTES RAISED BY THE PETITIONER AGAINST THE RESPONDENT IN RESPECT OF THE BREACHES OF THE SERVICE AGREEMENT DATED 15.04.2021 COMMITTED BY THE RESPONDENT, IN ACCORDANCE WITH CLAUSE 11.5 OF THE SERVICE AGREEMENT DATED 15.04.2021 PRODUCED HEREWITH AT ANNEXURE A. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:46865 CMP No. 231 of 2025 CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. IA-2/2025 has been filed to amend the cause title to reflect the name of the petitioner pursuant to name change. There being only name change, IA-2/2025 is allowed. Petitioner to carry out the amendment. 2. The petitioner is before this Court seeking for the following reliefs; A. Appoint a sole arbitrator to arbitrate the disputes raised by the petitioner against the respondent in respect of the breaches of the service agreement dated 15.04.2021 committed by the respondent, in accordance with clause 11.5 of the service agreement dated 15.04.2021 produced herewith at Annexure A. B. Grant costs of this petition to the petitioner, and C. Grant such other reliefs as this Hon'ble Court deems fit in the circumstances of the case, in the interests of justice and equity. 3. After arguing for some time, learned counsel for respondent submits that he has no objection for the appointment of the nominee of the petitioner as sole Arbitrator. Hence, I pass the following: - 3 - HC-KAR NC: 2025:KHC:46865 CMP No. 231 of 2025 ORDER i. The CMP is allowed. ii. Sri.V.N.Ravindra, Former District Judge of the District Judiciary, State of Karnataka is appointed as a sole arbitrator to arbitrate the dispute between the parties under the aegis of the Arbitration Centre attached to this Court. iii. Registry is directed to forward a copy of this order to the Director, Arbitration & Conciliation Centre for doing the needful. iv. Since the order is passed in the presence of both the counsels, the counsels are directed to appear before the Director, Arbitration & Conciliation Centre without requirement of any notice at 2.30 p.m. on 03.12.2025. v. All contentions are left open. SD/- (SURAJ GOVINDARAJ) JUDGE LN List No.: 1 Sl No.: 83