Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 78693 (KAR)

M/S RAVAGO SHAH POLYMERS PRIVATE LIMITED v. M/S DECON INDIA PLASTICS PRIVATE LIMITED

CMP/101/2024 · 2025-10-10

Suraj Govindaraj

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:40486 CMP No. 101 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF OCTOBER, 2025 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ CIVIL MISC. PETITION NO. 101 OF 2024 BETWEEN: M/S RAVAGO SHAH POLYMERS PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956 HAVING ITS OFFICE AT NO. 114/C, 1ST CROSS, 5TH MAIN, OPP CMTI (SERVICE ROAD,) YESWANTHPUR SUBURB, BANGALORE, KARNATAKA, INDIA, 560022 AND REP. BY ITS AUTHORISED SIGNATORY, MR. DHAJESH CHANDRAKANT PRAJAPATI. …PETITIONER (BY SMT. VIDYA & SRI SKANDA KUMAR, ADVOCATE) AND: 1. M/S DECON INDIA PLASTICS PRIVATE LIMITED, GATE NO. 357/92, VILLAGE KHARABWADI, TALUKA KHED, PUNE, MAHARASHTRA - 410 501. REP. BY ITS DIRECTOR/ AUTHORISED SIGNATORY, MR. RASTISLAV PROKS AND MR. ADITYA LAXMINIWAS LADDHA, E MAIL - RASTISLAV.PROKS@RAMA-CZ.COM GSTIN - 27AADCD7808B1ZW. 2. MR. RASTISLAV PROKS, DIRECTOR, M/S DECON INDIA PLASTICS PRIVATE LIMITED, GATE NO. 357/92, VILLAGE KHARABWADI, TALUKA KHED, PUNE, MAHARASHTRA - 410501. 3. MR. ADITYA LAXMINIWAS LADDHA, DIRECTOR, M/S DECON INDIA PLASTICS PRIVATE LIMITED, Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:40486 CMP No. 101 of 2024 A 9/1, HDFC COLONY, NEAR BIRD VALLEY PARK, CHINCHWAD, PUNE, MAHARASHTRA, INDIA - 411019. …RESPONDENTS (R-1 TO R-3 SERVED) THIS CIVIL MISC. PETITION IS FILED UNDER SEC.11(5) OF THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING THAT THIS HON'BLE COURT MAY BE PLEASED TO PASS AN ORDER: 1) CONFIRM THE APPOINTMENT OF MR. MITHUN GERAHALLI, ADVOCATE AS THE SOLE ARBITRATOR FOR ADJUDICATION OF THE CLAIMS AMONGST THE PARTIES IN TERMS OF CLAUSE 9 MENTIONED ON THE INVERSE OF THE INVOICES BEARING NUMBER PU/21-22/0992; PU/21-22/1040; PU/21-22/1071; PU/21-22/1133; PU/22-23/0023; PU/22/-23/0391; PU/22-23/0422 DATED 08.02.2022 TO 25.06.2022 AS PER ANNEXURE C1 TO C7; 2) GRANT SUCH OTHER RELIEF OR RELIEFS AS THIS HON'BLE COURT MAY DEEM FIT TO GRANT ON THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. The petitioner is before this Court seeking for the following reliefs; a. Confirm the appointment of Mr. Mithun Gerahalli, Advocate as the sole arbitrator for adjudication of the claims amongst the parties in terms of clause 9 mentioned on the inverse of the invoices bearing number PU/21-22/0992; PU/21-22/1040; PU/21- 22/1071; PU/21-22/1133; PU/22-23/0023; PU/22/- 23/0391; PU/22-23/0422 dated 08.02.2022 to 25.06.2022 as per annexure C1 to C7; b. Grant such other relief or reliefs as this Hon'ble Court may deem fit to grant on the facts and - 3 - HC-KAR NC: 2025:KHC:40486 CMP No. 101 of 2024 circumstances of the case in the interest of justice and equity." 2. A memo dated 10.10.2025 has been filed and singed by the learned counsel for the petitioner, which reads as under; MEMO The undersigned Counsel for the Petitioner in the captioned matter most respectfully submits that the parties after due negotiations have amicably settled the matter and the Petitioner herein has agreed to receive a sum of Rs.23,67,298 (Rupees Twenty-Three Lakhs Sixty- Seven Thousand Two Hundred and Ninety-Eight only) as full and final settlement towards the claims made in the captioned matter. In view of the above facts and circumstances, this Hon'ble Court maybe pleased to permit the Petitioner to withdraw the above matter as settled in the interest of justice and equity. 3. Accepting the said memo, the petition is dismissed as settled out of the Court. Sd/- (SURAJ GOVINDARAJ) JUDGE SR List No.: 1 Sl No.: 58