M/S OBEYA UNDERPINNINGS LLP v. M/S TTK SERVICES PVT LTD
COMAP/35/2024 · 2026-03-06
C M Poonacha
Original Suitbody2026
DailyLaw.ai
[ 2026 DAILYLAW 6408 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 6408 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:13681-DB COMAP No. 35 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF MARCH, 2026 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MR. JUSTICE C.M. POONACHA COMMERCIAL APPEAL NO. 35 OF 2024
BETWEEN:
M/S OBEYA UNDERPINNINGS LLP HAVING ITS REGISTERED OFFICE AT NO.72, 7TH CROSS, 27TH MAIN SECTOR-1, HSR LAYOUT BENGALURU 101 REPRESENTED BY MANAGER SALES
…APPELLANT (BY SRI. BHARATH K, ADVOCATE)
AND:
M/S TTK SERVICES PVT LTD NO.68, SMARTWORKS 4TH FLOOR, TOWER B DSR TECHNO CUBE VARTHUR ROAD, THUBARAHALLI BENGALURU 66 REPRESENTED BY ITS CEO
…RESPONDENT (BY MS. DEEPA SHRISHA, ADVCOATE FOR SRI. SUNDARA RAMAN M V, ADVOCATE)
Digitally signed by NIRMALA DEVI Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:13681-DB COMAP No. 35 of 2024
THIS COMAP IS FILED UNDER SECTION 13(1)(A) OF COMMERCIAL COURTS ACT 2015, PRAYING TO CALL FOR RECORDS IN COM.OS NO. 732/2022, ON THE RECORDS OF LXXXVIII ADDL. CITY CIVIL AND SESSIONS JUDGE (CCH-89), COMMERCIAL COURT, BENGALURU, SET ASIDE JUDGMENT AND DECREE DATED 31/07/2023 IN COM.O.S.NO.732/2022 ON THE RECORDS OF LXXXVIII ADDL. CITY CIVIL AND SESSIONS JUDGE (CCH-89), COMMERCIAL COURT, BENGALURU AND CONSEQUENTLY, DISMISS THE SUIT OF THE RESPONDENT - PLAINTIFF AND ETC.
THIS APPEAL, COMING ON FOR ADMISSION, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:
CORAM: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE and HON'BLE MR. JUSTICE C.M. POONACHA
ORAL JUDGMENT (PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE)
1.
Learned counsel for the parties have filed a memorandum of settlement, in terms of which, the disputes have been settled.
Learned counsel for the parties pray that the same be taken on record and the present appeal be disposed of.
2. We note that a sum of `35 lakhs deposited by the appellant before this Court be released in favour of the respondent towards final settlement amount. However, the settlement does not mention any amount towards interest. However, learned counsel for the
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HC-KAR NC: 2026:KHC:13681-DB COMAP No. 35 of 2024
parties state that amount deposited along with accrued interest, if any, be released to the respondent.
3. In view of the above, registry is directed to release the entire amount deposited by the appellant to the respondent.
4. The Court fee be refunded to the appellant in accordance with the rules.
5. With the above observations, the appeal is disposed of.
Sd/- (VIBHU BAKHRU) CHIEF JUSTICE
Sd/- (C.M. POONACHA) JUDGE
BS List No.: 2 Sl No.: 11