- 1 - HC-KAR CNR: KAHC010453702025 NC: 2026:KHC:42887 CMP No. 396 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF AUGUST, 2026 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD CIVIL MISC. PETITION NO. 396 OF 2025 BETWEEN: M/S. APEX VENTURES A REGISTERED PARTNERSHIP FIRM REGISTERED ADDRESS NO. 988, 1ST FLOOR, 13TH CROSS, BSK 2ND STAGE, BENGALURU-560070. REP. BY PARTNER- MR. NARASIMHA SHENOY M. …PETITIONER (BY SRI. ANANDITHA REDDY.,ADVOCATE) AND: 1. SMT. SAVITHA LOKESH REDDY W/O. SRI. M. LOKESH REDDY, AGED ABOUT 52 YEARS, RESIDING AT NO. 214, 1ST MAIN, 5TH CROSS, DOMLUR LAYOUT, BENGALURU - 560071. 2. M/S. SGG EDUCATIONAL TRUST AN EDUCATIONAL TRUST REGISTERED ADDRESS Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010453702025 NC: 2026:KHC:42887 CMP No. 396 of 2025 NO. 307, 1ST FLOOR, 2ND MAIN, 7TH CROSS, DOMLUR LAYOUT, BENGALURU-560071. REP. BY TRUSTEES MRS. SAVITHA LOKESH REDDY. …RESPONDENTS (BY SRI.V.B. RAVI SHANKAR., ADVOCATE FOR R1 & R2) THIS CMP IS FILED UNDER SECTION 11(5) AND 11(6) OF THE ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO NOMINATE AND APPOINT A RETIRED JUDGE OF THIS COURT AS THE SOLE ARBITRATOR, TO ADJUDICATE THE DISPUTE BETWEEN THE PARTIES HERETO WITH RESPECT TO CLAUSE 22.2 OF THE LEASE DEED DATED 01.09.2023 (ANNEXURE C ) AND CLAUSE 23.2 OF THE SUB LEASE DEED DATED 01.09.2023 (ANNEXURE D). THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR CNR: KAHC010453702025 NC: 2026:KHC:42887 CMP No. 396 of 2025 ORAL ORDER A joint memo is filed by the petitioner and the respondents which reads as under: “The petitioner and the respondent in the above matter submit that the disputes and differences arisen between the Parties in relation to the management, revenue sharing, compliance, and financial obligations under the Original Memorandum of Understanding, Lease and Sub- Lease Arrangements and Management Services Agreement respectively are resolved and neither party has any further claim against each other with respect to the same. Wherefore, it is prayed that this Hon’ble Court may be pleased to dispose off the aforesaid petition as settled out of court.” The memo is accepted and the petition stands disposed of accordingly. SD/- (B M SHYAM PRASAD) JUDGE SA