- 1 - HC-KAR NC: 2025:KHC:27239 WP No. 3525 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 3525 OF 2023 (GM-RES) BETWEEN: WISDOM WORLD DEVELOPERS PRIVATE LIMITED A COMPANY UNDER THE COMPANIES ACT, 2013 HAVING ITS REGISTERED OFFICE AT SHERIFF CENTRE, 5TH FLOOR, NO.73/1, ST. MARKS ROAD, BANGALORE - 560 001. KARNATAKA REPRESENTED THROUGH ITS DIRECTOR MR.ZIAULLA SHERIFF. …PETITIONER (BY SRI. MANU KULKARNI, ADVOCATE) AND: 1. DR. SABITA RAMAMURTHY WIFE OF MR K.C. RAMAMURTHY AGED ABOUT 61 YEARS, RESIDENT OF NO 143/3, CMR COLONY, BANK AVENUE, HENNUR BANASWADI LAYOUT, BENGALURU - 560 043, KARNATAKA. 2. MR.K.C RAMAMURTHY SON OF LATE MR.CHIKKAMUNIYAPPA AGED ABOUT 70 YEARS, Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:27239 WP No. 3525 of 2023 RESIDENT OF NO.143/3, CMR COLONY, BANK AVENUE, HENNUR BANASWADI LAYOUT, BENGALURU - 560 043, KARNATAKA. 3. MR.K.R.JAYADEEP SON OF MR.K.C.RAMAMURTHY AGED ABOUT 40 YEARS, RESIDENT OF NO.143/3, CMR COLONY, BANK AVENUE, HENNUR BANASWADI LAYOUT, BENGALURU - 560 043, KARNATAKA. 4. MS.K.R.TRISTHA DAUGHTER OF MR.K.C. RAMAMURTHY AGED ABOUT 36 YEARS, RESIDENT OF NO.143/3, CMR COLONY, BANK AVENUE, HENNUR BANASWADI LAYOUT, BENGALURU - 560 043, KARNATAKA. …RESPONDENTS (BY SRI. C. MURALIDHARA, ADVOCATE) THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO SETTING ASIDE THE ORDER DATED 23.01.2023, PASSED BY THE HONBLE IX ADDITIONAL DISTRICT AND SESSION JUDGE, COMMERCIAL COURT, BENGALURU RURAL DISTRICT, BENGALURU IN COMMERCIAL COURT, BENGALURU RURAL DISTRICT, BENGALURU IN COMMERCIAL A.A.NO.9 OF 2021, WHEREBY - 3 - HC-KAR NC: 2025:KHC:27239 WP No. 3525 of 2023 THE HONBLE TRAIL COURT HAS UPHELD MAINTAINABILITY OF THE ARBITRATION APPLICATION IS NOT MAINTAINABLE BEFORE THE HONBLE COMMERCIAL COURT IN VIEW OF SECTION 9(3) OF THE ARBITRATION AND CONCILIATION ACT,1996. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S SUNIL DUTT YADAV ORAL ORDER Memo for withdrawal is filed on behalf of the petitioner which reads as follows: "1. During pendency of this petition, the Petitioner and Respondents have amicably settled their disputes pertaining to Joint Development Agreement dated 24.12.2014, including those which are subject matter of this petition. Therefore, the Petitioner seeks to withdraw this petition. 2. The Petitioner humbly prays that this memo be taken on record, and this writ petition be disposed off in view of the parties' settlement, in the interest of justice and equity." - 4 - HC-KAR NC: 2025:KHC:27239 WP No. 3525 of 2023 In light of the same, the petition is disposed off as not calling for any adjudication while taking note of the settlement. Sd/- (S SUNIL DUTT YADAV) JUDGE DHA List No.: 2 Sl No.: 12 CT: BHK