- 1 - HC-KAR NC: 2026:KHC:23847 CMP No. 86 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 28TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH CIVIL MISC. PETITION NO. 86 OF 2026 BETWEEN: 1. MAVERICK HOLDINGS AND INVESTMENTS PRIVATE LIMITED A COMPANY REGISTERED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956, HAVING ITS OFFICE AT NO.78/1, NEW K.R. ROAD, BASAVANAGUDI, BENGALURU - 560004. REPRESENTED BY ITS AUTHORIZED SIGNATORY MAHESH S. DESHPANDE …PETITIONER (BY SRI. SUMANA NAGANAND.,ADVOCATE) AND: 1. KARNATAKA HOUSING BOARD A BODY CORPORATE OF GOVERNMENT OF KARNATAKA CONSTITUTED UNDER THE KARNATAKA HOUSING BOARD ACT, 1962 HAVING ITS OFFICE AT 3RD AND 4TH FLOOR CAUVERY BHAVAN, K.G. ROAD BENGALURU 560 09 REPRESENTED BY ITS COMMISSIONER …RESPONDENT (BY SRI. SHISHIRA AMARNATH.,ADVOCATE) Digitally signed by CHAYA S A Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:23847 CMP No. 86 of 2026 CMP FILED UNDER SECTION 11(6) OF ARBITRATION AND CONCILIATION ACT 1996, PRAYING TO APPOINT AN ARBITRAL TRIBUNAL TO ADJUDICATE UPON THE DISPUTES THAT HAVE ARISEN BETWEEN THE PETITIONER AND RESPONDENT AS PER CLAUSE 40 AND 42 OF AGREEMENT DATED 15.03.2018 (ANNEXURE A). THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER Heard the learned counsel appearing for the parties. 2. In this petition, the petitioner has sought for appointment of an Arbitrator to adjudicate the disputes that have arisen between the parties in relation to the Clause 40 and 42 of the Lease Deed dated 15.03.2018 (Annexure-A), in accordance with the provisions of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the ‘Act’). 3. Sri Shishira Amarnath, learned counsel appearing for the respondent-Board vehemently - 3 - HC-KAR NC: 2026:KHC:23847 CMP No. 86 of 2026 contended that the issue involved in this petition is not Arbitrablel in nature and therefore there is no necessity for the appointment of the Arbitrator. 4. Having taken note of the submissions made by the learned counsel appearing for the parties and upon perusal of Clause 40 and 42 of the Lease Deed dated 15.03.2016 (Annexure-A), I am of the considered opinion that, an Arbitrator is to be appointed to adjudicate the dispute between the parties. 5. Accordingly, this petition under Section 11 (6) of the Act, 1996 is allowed. 6. Hon'ble Sri. Justice Ajith J. Gunjal, Former Judge, High Court of Karnataka, is appointed to enter into the said reference of Arbitration and act as the Sole Arbitrator in the present case in the Arbitration and Conciliation Centre, Bengaluru, as per the Rules governing the said Arbitration Centre. - 4 - HC-KAR NC: 2026:KHC:23847 CMP No. 86 of 2026 7. All claims and contentions of any of the parties are left/kept open to be decided by the Arbitral Tribunal. 8. A copy of this order be sent forthwith to the Arbitration and Conciliation Centre, Khanija Bhavan, Bengaluru, for proceeding further in the matter. 9. Registry is directed to return all original documents produced by any of the parties if any, after obtaining Photostat copies of the same. 10. Since the parties are represented through their learned counsel, in order to avoid further delay in the matter, the parties are directed to appear before the Arbitration and Conciliation Centre on 04.06.2026 at 11.00 am, without waiting for further notice in this regard. Sd/- (E.S.INDIRESH) JUDGE HR List No.: 2 Sl No.: 24