Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 11164 (KAR)

NAVEEN G M v. PAYU FINANCE INDIA PRIVATE LIMITED

WP/29498/2025 · 2026-03-04

Sachin Shankar Magadum

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:13338 WP No. 29498 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO. 29498 OF 2025 (GM-RES) BETWEEN: NAVEEN G.M AGED ABOUT 42 YEARS S/O MUNI REDDY RESIDING AT 141 KANAKAPURA ROAD CADABAMS HOSPITAL GULAKAMALE, THARALU BANGALORE - 560 082. …PETITIONER (BY SRI VIVEK B.R, ADV., FOR SRI KASHYAP N. NAIK, ADV.) AND: 1. PAYU FINANCE INDIA PRIVATE LIMITED THROUGH ITS SERVICE PROVIDER NOMISMA MOBILE SOLUTIONS PRIVATE LIMITED, 4TH FLOOR A 405 BOOMERANG COOPERATIVE PREMISES SOCIETY LTD, CHANDIVALI, FARM ROAD YADAV NAGAR, CHANDIVALI ANDHERI EAST, MUMBAI - 400 0722. 2. ARIF MOHAMMED MADANI SOLE ARBITRATOR APPOINTED THROUGH PRESOLV360, HAVING HIS ADMINISTRATIVE OFFICE AT 3RD FLOOR, CHURCHGATE HOUSE, 32 VEER NARIMAN ROAD HUTATMA CHOWK, TOWN HALL (MUMBAI) MUMBAI - 400 001. Digitally signed by AL BHAGYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13338 WP No. 29498 of 2025 ALSO AT, ESPERANCA BUILDING COLABA, MUMBAI - 400 001. 3. G.M. SARVESH REDDY S/O MUNI REDDY RESIDING AT 141, KANAKAPURA ROAD CADABAMS HOSPITAL, GULAKAMALE THARALU, BANGALORE, KARNATAKA ALSO AT NO.104, 19TH MAIN 1ST BLOCK, RAJAJINAGAR BENGALURU -560 010. 4. PRESOLV360 ADR ODR FOUNDATION A COMPANY INCORPORATED UNDER THE PROVISIONS OF THE COMPANIES ACT, 2013 HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, CHURCHGATE HOUSE 32 VEER NARIMAN ROAD, HUTATMA CHOWK TOWN HALL, MUMBAI - 400 001. …RESPONDENTS THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO-DIRECT, QUASHING THE ENTIRE ARBITRATION PROCEEDINGS BEARING ARBITRATION CASE ID A206112, INCLUDING THE INTERIM ORDER DTD 22.04.2025, PASSED BY THE R-2 (ANNX D). THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM ORAL ORDER Learned counsel for the petitioner submits that the writ petition has become infructuous and seeks permission to withdraw the writ petition. A memo is filed to that effect. - 3 - HC-KAR NC: 2026:KHC:13338 WP No. 29498 of 2025 Memo is taken on record. In view of the memo, the writ petition is dismissed as withdrawn. Sd/- (SACHIN SHANKAR MAGADUM) JUDGE CA List No.: 2 Sl No.: 60