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2025 DAILYLAW 75626 (KAR)

M/S MAVERIK FACILITY v. M/S RBSSN FERROUS INDUSTRIES

CMP/290/2025 · 2025-08-04

E S Indiresh

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:30259 CMP No. 290 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH CIVIL MISC. PETITION NO. 290 OF 2025 BETWEEN: M/S MAVERIK FACILITY MANAGEMENT PRIVATE LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT NO. 43 MARUTHI TOWER, 4TH CROSS, SAMPIGE ROAD, MALLESHWARAM, BENGALURU-560 003. REPRESENTED BY ITS MANAGING DIRECTOR EMAIL ID NAGARAJ@MFM.CO.IN …PETITIONER (BY SRI. SHRIDHAR PRABHU, ADVOCATE) AND: M/S RBSSN FERROUS INDUSTRIES PRIVATE LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT-1956 HAVING ITS REGISTERED OFFICE AT REGENCY BLISS APARTMENT, 1ST FLOOR, NO.10 CORNWELL ROAD, LONG FORD TOWN BENGALURU-560 025 ALSO AT D.NO. 1499/1, POST BOX NO. 38, KARIGANUR (POST) HOSAPETE- 583201 Digitally signed by SHARMA ANAND CHAYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:30259 CMP No. 290 of 2025 VIJAYNAGAR DISTRICT REPRESENTED BY ITS MANAGING DIRECTOR EMAIL ID AJAYSARAF@RBSSN.COM …RESPONDENT (BY SRI. SUNDARA RAMAN M V, ADVOCATE) THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(5) THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO APPOINT A SOLE ARBITRATOR AS PER THE ARBITRATION CLAUSE 27 OF THE PURCHASE ORDER DATED 22.01.2024 PRODUCED AS ANNEXUER A BEARING NO. RBSSNFIPL/2013-24/PO-043. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER Heard Shri.Shridhar Prabhu, learned counsel appearing for the petitioner and Shri.Sundara Raman.M.V., learned counsel appearing for the respondent. 2. This petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 seeking to appoint the Arbitrator to resolve the dispute between the parties. - 3 - HC-KAR NC: 2025:KHC:30259 CMP No. 290 of 2025 3. On careful consideration of Clause No.7 of the Bank Guarantee dated 02nd February, 2024 at Annexure-B and the letter dated 22nd January, 2024 at Annexure-A, I am of the opinion that, Shri.Vishwanath.B.Angadi, Retired District Judge be appointed as an Arbitrator to resolve the dispute between the parties. 4. In order to avoid further delay in the matter, parties are directed to appear before the Arbitration Centre, Bengaluru on 29th of August, 2025 at 11.00 am, without waiting for further notice from the learned Arbitrator. On the appearance of the parties, the learned Arbitrator is requested to take appropriate steps in the matter. Accordingly, this petition is disposed of. SD/- (E.S.INDIRESH) JUDGE DH List No.: 1 Sl No.: 39