- 1 - HC-KAR NC: 2025:KHC:31825 CMP No. 338 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S. INDIRESH CIVIL MISCELLANEOUS PETITION NO.338 OF 2024 BETWEEN: EACCOUNTS SERVICES (INDIA) PRIVATE LIMITED REP. BY ITS DIRECTOR, NO.1215, RUPA SOLITAIRE, BLDG. A-1, SECTOR 1, MILLENNIUM BUSINESS PARK, NAVI MUMBAI - 400 710. …PETITIONER (BY SRI. RAVI S.K., ADVOCATE) AND: 1. SMARTOWNER SERVICES INDIA PRIVATE LIMITED REP. BY ITS BOARD OF DIRECTORS, HAVING ITS REG. OFFICE AT: 8TH FLOOR, DELTA BLOCK, SIGMA TECH PARK, OLD AIRPORT ROAD, WHITEFIELD, BENGALURU - 560 066. 2. REGAL DWELLINGS PRIVATE LIMITED REP. BY ITS BOARD OF DIRECTORS, HAVING ITS REG. OFFICE AT: LEVEL 3 AND 4, EMBASSY DIAMANTE, 34 VITTAL MALLYA ROAD, BENGALURU - 560 001. 3. BEACON TRUSTEESHIP LIMITED REP. BY ITS BOARD OF DIRECTORS, HAVING ITS REG. OFFICE AT 7A AND 7B, SIDDHIVINAYAK CHAMBERS, Digitally signed by SHARMA ANAND CHAYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:31825 CMP No. 338 of 2024 OPP. MIG CRICKET CLUB, GANDHI NAGAR, BANDRA (EAST), MUMBAI - 400 051. …RESPONDENTS (BY SRI. SANTOSH S. NAGARALE, ADVOCATE FOR R1) THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(6) OF THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO APPOINT A SOLE ARBITRATOR IN TERMS OF ARTICLE 29.3 OF THE PORTFOLIO MANAGEMENT SERVICE AGREEMENT DATED 25TH DECEMBER, 2019 VIDE ANNEXURE-B. THIS PETITION COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S. INDIRESH ORAL ORDER In this petition, the petitioner is seeking appointment of Sole Arbitrator in terms of Article 29.3 of the Portfolio Management Services Agreement dated 25th December, 2019 (Annexure-B) to resolve the dispute arising between the petitioner and respondents. 2. Heard Sri. Ravi S.K., learned counsel appearing for the petitioner and Sri. Santosh S. Nagarale, learned counsel appearing for the respondent No.1. 3. Learned counsel appearing for the parties submit that, in an identical circumstances, this Court in Civil - 3 - HC-KAR NC: 2025:KHC:31825 CMP No. 338 of 2024 Miscellaneous Petition No.382 of 2021 and connected petitions, by order dated 22nd February, 2022, appointed Sri. Vishwanath Angadi, retired District Judge to act as a Sole Arbitrator in the Arbitration and Conciliation Centre (Domestic & International), Bengaluru. 4. Having heard the learned counsel appearing for the parties and on careful examination of the order passed by this Court in the aforesaid petitions, I am of the view that the similar issue is involved in the case on hand. Accordingly, Sri. H.R. Srinivas, District Judge (Retired) is appointed to act as Sole Arbitrator in the Arbitration and Conciliation Centre (Domestic & International), Bengaluru as per the extent Rules. 5. All claims and contentions of the parties are kept open to be decided by the Arbitral Tribunal. 6. A Copy of this order be sent forthwith to the Arbitration And Conciliation Centre (Domestic & International), Khanija Bhavan, Bengaluru for proceeding further in the matter. - 4 - HC-KAR NC: 2025:KHC:31825 CMP No. 338 of 2024 7. Registry is directed to return the original documents if any, produced by the parties, after obtaining photostat copy of the same for the file. Accordingly, Civil Miscellaneous Petition is disposed of. SD/- (E.S. INDIRESH) JUDGE ARK