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2026 DAILYLAW 30009 (KAR)

CATTERPILLER FINANCIAL SERVICES INDIA PRIVATE LIMITED v. M/S GIRI CONSTRUCTUION

CMP/140/2025 · 2026-07-13

B M Shyam Prasad

Public Interest Litigationbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR CNR: KAHC010158282025 NC: 2026:KHC:35339 CMP No. 140 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. 140 OF 2025 BETWEEN: CATTERPILLER 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 GIRI CONSTRUCTUION (PROP. BASKI NARAYAN PANDA) Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010158282025 NC: 2026:KHC:35339 CMP No. 140 of 2025 S/O BADRI NARAYAN PANDA VILLAGE PO SHILADIH HAZARIBAG, JHARKHAND-825323 2. VINITA KUMARI C/O BASKI NARAYAN PANDA SILADIH, HAZARIBAGH SILADIH JHARKHAND 825323. …RESPONDENTS THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(6) 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 21.6 OF THE LOAN AND SECURITY AGREEMENT BEARING 808.70003566 ANNEXURE - B DATED 10.02.2023 EXECUTED 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 B M SHYAM PRASAD - 3 - HC-KAR CNR: KAHC010158282025 NC: 2026:KHC:35339 CMP No. 140 of 2025 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 The memo is accepted and the petition stands dismissed as withdrawn. RB Sd/- (B M SHYAM PRASAD) JUDGE