MR PRAKASH V v. M/S OZONE URBANA INFRA DEVELOPERS P LTD
CMP/680/2025 · 2026-03-10
E S Indiresh
body2026
DailyLaw.ai
[ 2026 DAILYLAW 8628 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 8628 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:14350 CMP No. 680 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH CIVIL MISC. PETITION NO. 680 OF 2025 BETWEEN:
MR PRAKASH V AGED ABOUT 60 YEARS S/O K VARAADARAJU R/A NO.8, 5TH MAIN, 6TH CROSS, KEB LAYOUT, SANJAYNAGAR, BENAGLURU - 560 094. …PETITIONER (BY SRI. MAHESH ARKALGUD SRIKANTH., ADVOCATE) AND:
M/S OZONE URBANA INFRA DEVELOPERS P LTD A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 HAVING REIGSTERED OFICE AT NO.38, ULSOOR ROAD, BENGALURU - 560 042 REPRESENTED BY ITS DIRECTOR. …RESPONDENT (BY SRI. ARKADEEP PAL, ADVOCATE FOR SRI.P.L.VANDANA, ADVOCATE)
THIS CMP FILED UNDER SECTION 11(6) OF ARBITRATION AND CONCILIATION ACT, 1996, PRAYING TO APPOINT HON'BLE JUSTICE A.V.CHANDRASHEKAR (RETD)., FORMER JUDGE OF THE HIGH COURT OF KARNATAKA AS THE SOLE ARBITRATOR TO ADJUDICATE ALL CLAIMS AND Digitally signed by SHARADAVANI B Location: High Court of Karnataka
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HC-KAR NC: 2026:KHC:14350 CMP No. 680 of 2025 DISPUTES BETWEEN THE PARTIES ARISING OUT OF CLAUSE 20 OF THE MEMORANDUM OF UNDERSTANDING DATED 14.07.2021 (ANNEXURE - A), IN ACCORDANCE WITH THE ARBITRATION AND CONCILIATION ACT, 1996.
THIS PETITION, COMING ON FOR ADMISSION, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER
Heard Sri.Mahesh Arkalgud Srikanth, learned counsel appearing for the petitioner and Sri.Arkadeep Pal, learned counsel appearing on behalf of Smt.P.L.Vandana, learned counsel appearing for the respondent.
2. In this petition, the petitioner has sought for appointment of an Arbitrator to adjudicate the disputes that have arisen between the parties in terms of Clause 20 of the Memorandum of Understanding dated 14.07.2021, in accordance with the provisions of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the 'Act').
3. It is also to be noted that, proceedings have been initiated under Section 9 of the Arbitration and
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HC-KAR NC: 2026:KHC:14350 CMP No. 680 of 2025 Conciliation Act, 1996, in Com.A.A.No.24 of 2025, wherein the parties have not come forward to resolve their dispute, yet.
4. Having taken note of the submissions made by the learned counsel appearing for the parties and upon perusal of Clause 20 of the Memorandum of Understanding, I am of the considered opinion that, an Arbitrator is to be appointed to adjudicate the dispute between the parties.
5. Accordingly, the petition under Section 11(6) of the Act, 1996 is allowed. Justice Sri.A.V.Chandrashekar, Former Judge, High Court of Karnataka is appointed to enter into the said reference of Arbitration and act as the sole Arbitrator in the present case in the Arbitration and Conciliation Centre, Bengaluru, as per the Rules governing the said Arbitration Centre.
6. All claims and contentions of the parties are kept open to be decided by the Arbitral Tribunal.
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HC-KAR NC: 2026:KHC:14350 CMP No. 680 of 2025
7. A copy of this order be sent forthwith to the Arbitration and Conciliation Centre, Khanija Bhavan, Bengaluru, for proceeding further in the matter.
8. Registry is directed to return all original documents, if any, produced by any of the parties after obtaining Photostat copies of the same.
9. Since the parties are represented through their
learned counsel, in order to avoid further delay in the matter, the parties are directed to appear before the Arbitration and Conciliation Centre, Bengaluru on 15.04.2026 at 11.00 am., without waiting further notice in this regard. Sd/- (E.S.INDIRESH) JUDGE DH List No.: 1 Sl No.: 33