CATERPILLAR FINANCIAL SERVICES INDIA PRIVATE LIMITED v. M/S. BORAH ENTERPRISE
CMP/193/2025 · 2026-07-13
B M Shyam Prasad
Public Interest Litigationbody2026
DailyLaw.ai
[ 2026 DAILYLAW 29812 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 29812 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR
CNR: KAHC010196722025 NC: 2026:KHC:35341 CMP No. 193 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD CIVIL MISC. PETITION NO. 193 OF 2025 BETWEEN:
CATERPILLAR FINANCIAL SERVICES INDIA PRIVATE LIMITED A COMPANY INCORPORATED AND REGISTERED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT
GROUND FLOOR, PRESTIGE SHANTINIKETAN, CRESCENT 1, WHITEFIELD ROAD HOODI, WHITEFIELD. BENGALURU URBAN, KARNATAKA- 560048
…PETITIONER (BY SRI. THAKUR RISHABHA RAJ.,ADVOCATE) AND:
1.
M/S. BORAH ENTERPRISE C/O RUDRA KANTA BORAH, VILL HARMOTI NO3,
Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA
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HC-KAR
CNR: KAHC010196722025 NC: 2026:KHC:35341 CMP No. 193 of 2025
DARKHASTA, HARMOTI GAON, LAKHIMPUR, ASSAM-784160
2.
NILAKSHI BORA 3 NO DARSHATA GAON, PS TALUK NORTH, LAKHIMPUR, ASSAM-784160.
…RESPONDENTS
THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(6) OF THE ARBITRATION AND CONCILIATION ACT, 1996 PRAYING TO APPOINT A SOLE ARBITRATOR RESOLVE THE DISPUTES AND DIFFERENCES AMONGST THE PARTIES IN TERMS OF CLAUSE 21 OF THE LOAN AND SECURITY AGREEMENT BEARING NO. 8070003299 ANNEXURE B DATED 30.08.2022
EXECUTED BETWEEN THE PETITIONER AND THE RESPONDENTS.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
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HC-KAR
CNR: KAHC010196722025 NC: 2026:KHC:35341 CMP No. 193 of 2025
CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD
ORAL ORDER
The learned counsel for the petitioner files a memo which reads as under.
"The counsel for the Petitioner submits that during the pendency of the present petition, the disputes between the parties have been amicably settled. In view of the said settlement, the Petitioner does not wish to prosecute the present petition any further. Thus, it is just & necessary to withdraw the present Petition with a liberty to file fresh petition, if necessary, in the interest of justice and equity."
The memo is accepted and the petition stands dismissed as withdrawn.
Sd/- (B M SHYAM PRASAD) JUDGE
RB