- 1 - HC-KAR NC: 2025:KHC:52911 CMP No. 322 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ CIVIL MISC. PETITION NO. 322 OF 2025 BETWEEN: CATERPILLAR FINANCIAL SERVICES INDIA PRIVATE LIMITED A COMPANY INCORPORATED AND REGISTERED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT, PRESENT AT, GROUND FLOOR, PRESTIGE SHANTINIKETAN, CRESCENT 1, WHITEFIELD ROAD HOODI, WHITEFIELD, BENGALURU, BENGALURU URBAN KARNATAKA 560048. REP BY AUTHORIZED SIG MR. VISHWAROOP NANJACHAR …PETITIONER (BY SRI. THAKUR RISHABH RAJ.,ADVOCATE) AND: 1. PRIYA SINGH GRAMA DEVRA, MOLHAL POST SONADI TAHSIL, RAMNAGAR, DEVRA SATNA, MADHYA PRADESH 485881. EMAIL. ATUL7963@GMAIL.COM CONTRACT NO. 9686296818 2. ATUL S/O NARESH PRATAP SINGH PARIHAR, BINDUNAGAR ROAD NEAR PANCHAYAT BHAVAN, POST SONADI, DEVRA MOLHAI, SATNA, MADHYA PRADESH 4855581. Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:52911 CMP No. 322 of 2025 3. BHASKAR SINGH BAGHEL S/O BHARAT SINGH BAGHEL, GRAM DURGAPUR, POST AMA, SATNA, MADHYA PRADESH 485447. EMAIL.SINGHSAURAV199@GMAIL.COM …RESPONDENTS (R1-R3 SD) THIS CMP IS FILED UNDER SECTION 11(5) OF THE ARBITRATION AND CONCILIATION ACT, 1996., PRAYING TO APPOINT A SOLE ARBITRATOR TO RESOLVE THE DISPUTES AND DIFFERENCES AMONGST THE PARTIES IN TERMS OF CLAUSE NO.21 OF THE LOAN AND SECURITY AGREEMENT BEARING NO.808-70003361 - DATED 3.10.2022 EXECUTED ANNEXURE-B BETWEEN THE PETITIONER AND THE RESPONDENTS. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. Petitioner is before this Court seeking for the following reliefs: "i. Appoint a sole arbitrator to resolve the disputes and differences amongst the parties in terms of Clause 21 of the Loan & Security Agreement bearing No.80870003361 Annexure-B dated 03.10.2022 executed between the petitioner and the respondents. ii. Grant such other order/s that this Hon'ble Court may deem fit on the facts and in the circumstances of the case, in the interest of justice and equity." - 3 - HC-KAR NC: 2025:KHC:52911 CMP No. 322 of 2025 2. The learned counsel appearing for the petitioner has filed a memo dated 02.12.2025, which reads as under: "The undersigned counsel for the petitioner humbly submits that there has been a typographical error in the notice sent to the Respondents under Section 21 of the Arbitration and Conciliation Act, 1996 for Invocation of Arbitration Clause. Thus, it is just & necessary to withdraw the present petition with a liberty to file fresh petition in the interest of Justice and Equity." 3. Reserving liberty to the petitioner to issue a fresh notice under Section 21 of the Arbitration and Conciliation Act, 1996 and approach this Court if so required, the petition stands disposed. SD/- (SURAJ GOVINDARAJ) JUDGE JY List No.: 1 Sl No.: 195