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2026 DAILYLAW 3360 (KAR)

KRISHNA PEARLS AND JEWELLERS, v. EVOLVE BUSINESS VENTURES,

CMP/196/2025 · 2026-04-06

E S Indiresh

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:18646 CMP No. 196 of 2025 C/W CMP No. 161 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH CIVIL MISC. PETITION NO. 196 OF 2025 C/W CIVIL MISC. PETITION NO. 161 OF 2025 IN CMP No. 196/2025 BETWEEN: KRISHNA PEARLS AND JEWELLERS, 6-3-883/2/3, PANJAGUTTA, HYDERABAD, 500 082, TELANGANA REPRESENTED BY ITS AUTHORISED SIGNATORY MR. DEVENDER KUMAR …PETITIONER (BY SRI. KULKARNI ABDULRASHEED SIKANDER SAB, ADV) AND: EVOLVE BUSINESS VENTURES, 18/1, MODEL HOUSE ROAD, OFF KARIYAPPA ROAD, BASAVANAGUDI BANGALORE - 560 004 …RESPONDENT (BY SRI. VARDHAMAN V GUNJAL., ADVOCATE) THIS CIVIL MISC. PETITION IS FILED UNDER SEC.11(6) OF ARBITRATION AND CONCILIATION ACT 1996, PRAYING TO APPOINT A SOLE ARBITRATOR AND CONSTITUTE THE Digitally signed by CHAYA S A Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:18646 CMP No. 196 of 2025 C/W CMP No. 161 of 2025 ARBITRAL TRIBUNAL AS PER CLAUSE 13.2 OF THE AGREEMENT TO RESOLVE THE DISPUTES THAT HAVE ARISEN BETWEEN THE PETITIONERS AND THE RESPONDENT VIDE ANNEXURE-B. IN CMP NO. 161/2025 BETWEEN: M/S HIDE SIDE S44, 2ND FLOOR, 2ND PHASE, SPENCER PLAZA, CHENNAI 600 002 SOLE PROPRIETOR, MR. MIR ZIAUDDIN ...PETITIONER (BY SRI. KULKARNI ABDULRASHEED SIKANDER SAB,ADV) AND: EVOLVE BUSINESS VENTURES 18/1, MODEL HOUSE ROAD, OFF KARIYAPPA ROAD, BASAVANAGUDI BANGALORE - 560 004 REPRESENTED BY ITS AUTHORIZED REPRESENTATIVE ...RESPONDENT (BY SRI. VARDHAMAN V GUNJAL.,ADVOCATE) THIS CIVIL MISC. PETITION FILED UNDER SEC.11(5) OF ARBITRATION AND CONCILIATION ACT 1996., PRAYING TO APPOINT A SOLE ARBITRATOR AND CONSTITUTE THE ARBITRAL TRIBUNAL AS PER CLAUSE 13.2 OF THE AGREEMENTS DATED 5.09.2020 VIDE - 3 - HC-KAR NC: 2026:KHC:18646 CMP No. 196 of 2025 C/W CMP No. 161 of 2025 ANNEXURE - B AND 10.08.2020 VIDE ANNEXURE - A TO RESOLVE THE DISPUTES THAT HAVE ARISEN BETWEEN THE PETITIONER AND THE RESPONDENT. THESE PETITIONS, COMING ON FOR ORDERS, 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 these petitions, the petitioners in their respective petitions have sought for appointment of an Arbitrator to adjudicate the disputes that have arisen between the parties in relation to clause 13.2 of Agreement in both the petitions in accordance with the provisions of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the ‘Act’). 3. Having taken note of the submissions made by the learned counsel appearing for the Parties and upon perusal of Clauses-13.2.2, 13.2.3, 13.2.4 and - 4 - HC-KAR NC: 2026:KHC:18646 CMP No. 196 of 2025 C/W CMP No. 161 of 2025 13.2.5 of the agreement referred to above, I am of the considered opinion that, an Arbitrator is to be appointed to adjudicate the dispute between the parties. 4. Accordingly, these petitions under Section 11(6) of the Act, 1996 are allowed. Sri.I.S.Antin, Retired District Judge is appointed to enter into the said reference of Arbitration and act as the Sole Arbitrator at the Arbitration and Conciliation Centre, Bengaluru, as per the Rules governing the said Arbitration Centre. 5. All claims and contentions of the parties are kept open to be decided by the Arbitral Tribunal. 6. A copy of this order be sent forthwith to the Arbitration and Conciliation Centre, Khanija Bhavan, Bengaluru, for proceeding further in the matter. - 5 - HC-KAR NC: 2026:KHC:18646 CMP No. 196 of 2025 C/W CMP No. 161 of 2025 7. Registry is directed to return all original documents produced by any of the parties after obtaining Photostat copies of the same. 8. Since the parties are represented through their learned counsel, in order to avoid further delay in the matter, the parties in both these petitions are directed to appear before the Arbitration and Conciliation Centre on 29.04.2026 at 11.00 am, without waiting for further notice in this regard. Accordingly, the petitions are disposed of. SD/- (E.S.INDIRESH) JUDGE AKC List No.: 2 Sl No.: 31