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2026 DAILYLAW 17325 (KAR)

M/S SRI SAI RAGHAVENDRA ART PRODUCTION v. THE AUTHORIZED OFFICER

CMP/353/2023 · 2026-03-12

E S Indiresh

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:14770 CMP NO.353 OF 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MR. JUSTICE E.S. INDIRESH CIVIL MISCELLANEOUS PETITION NO. 353 OF 2023 BETWEEN: M/S SRI SAI RAGHAVENDRA ART PRODUCTION THROUGH ITS PROPRIETOR, MR. G. BHAKTAVATSALAM, R/AT FLAT NO.H-204, GROUND FLOOR, 2ND BLOCK, 'SOBHA DEFLOWER', M.G. GARDEN, 4TH MAIN, J.P. NAGAR 1ST PHASE, BENGALURU - 560 078. …PETITIONER (BY SRI. VISHAL TIWARI, ADVOCATE) AND: 1. THE AUTHORIZED OFFICER HINDUJA LEYLAND FINANCE, CORPORATE OFFICE AT: NO.27-A, DEVELOPED INDUSTRIAL ESTATE, GUINDLY, CHENNAI - 600 032. 2. THE AUTHORIZED OFFICER HINDUJA LEYLAND FINANCE, BRANCH OFFICE AT: NO.2/6, ABOVE MAX HERO SHOWROOM, DR. RAJKUMAR ROAD, 3RD BLOCK, RAJAJINAGAR, BENGALURU - 560 010. …RESPONDENTS (BY SMT. RADHA R., ADVOCATE) THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(5) AND (6) OF THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO APPOINT AN ARBITRATOR AS PER CLAUSE 28 OF THE INDENTURE OF FIRST MORTGAGE DATED 18TH JUNE, 2016 VIDE ANNEXURE-A EXECUTED BETWEEN THE PARTIES. Digitally signed by CHAYA S A Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:14770 CMP NO.353 OF 2023 THIS PETITION COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER After arguing for some time, learned counsel appearing for the petitioner seeks leave of the Court to withdraw the petition with a liberty to approach the competent High Court, as the arbitration proceedings have to be conducted at Chennai as per Clause 28 of the Indenture of First Mortgage dated 18th June, 2016 (Annexure-A). 2. Accordingly, reserving liberty as sought for by learned counsel appearing for the petitioner, writ petition is dismissed as withdrawn. 3. Registry is directed to return the original documents if any, produced by the parties, after obtaining photostat copy of the same for the file. SD/- (E.S.INDIRESH) JUDGE ARK List No.: 1 Sl No.: 1