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Sri. Satyanarayana Muniyappa vs Siemens Financial Services Pvt. ...
2023 Latest Caselaw 4722 Kant

Citation : 2023 Latest Caselaw 4722 Kant
Judgement Date : 21 July, 2023

Karnataka High Court
Sri. Satyanarayana Muniyappa vs Siemens Financial Services Pvt. ... on 21 July, 2023
Bench: H.P.Sandesh
                                                -1-
                                                          NC: 2023:KHC:25411
                                                             CRP No. 416 of 2023




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                             DATED THIS THE 21ST DAY OF JULY, 2023

                                              BEFORE

                             THE HON'BLE MR JUSTICE H.P.SANDESH

                           CIVIL REVISION PETITION NO. 416 OF 2023

                   BETWEEN:

                   1.    SRI SATYANARAYANA MUNIYAPPA
                         SOLE PROPRIETOR,
                         AGED ABOUT 54 YEARS,
                         M/S. RAHUL INDUSTRIES,
                         NO.A-18, HMT INDUSTRIES
                         ESTAET, JALAHALLI,
                         BENGALURU (URBAN) -560 013.

                         ALSO AT:
                         NO. 836, 7TH CROSS,
                         BAHUBALINAGAR,
                         JALAHALLI VILLAGE,
                         BENGALURU NORTH,
                         BENGALURU - 560 013.
Digitally signed
by SHARANYA T            ALSO AT:
Location: HIGH           NO. 255, 1ST FLOOR, 7TH CROSS,
COURT OF                 KAMMAGONDANAHALLI,
KARNATAKA
                         VISHWESHWARAIAH
                         LAYOUT ABBIGERE,
                         JALAHALLI WEST,
                         BENGALURU - 560 015.
                                                                   ...PETITIONER

                                (BY SRI PREMNATH N.T., ADVOCATE)
                   AND:

                   1.    SIEMENS FINANCIAL SERVICES PVT. LTD.,
                         A NON-BANKING FINANCIAL COMPANY
                         DULY REGISTERED WITH
                             -2-
                                     NC: 2023:KHC:25411
                                        CRP No. 416 of 2023




     RESERVE BANK OF INDIA
     AND INCORPORATED UNDER THE
     PROVISIONS OF THE COMPANIES ACT, 1956.

     HAVING ITS REGISTERED OFFICE
     AT PLOT NO.2, SECTOR 2,
     KHARGHAR NODE,
     NAVI MUMBAI - 410 210,
     MAHARASHTRA, INDIA,
     REPRESENTED BY ITS
     AUTHORIZED SIGNATORY
     MR. VAIBHAV PRIYADARSHINI.

2.   MRS. GAYATHRI,
     GUARANTOR,
     NO.836, 7TH CROSS,
     BAHUBALINAGAR,
     JALAHALLI VILLAGE
     BENGALURU NORTH
     BENGALURU - 560 013.

     ALSO AT:
     NO.255, 1ST FLOOR, 7TH CROSS,
     KAMMAGONDANAHALLI,
     VISHWESHWARAIAH LAYOUT,
     ABBIGERE JALAHALLI WEST,
     BENGALURU - 560 015.
                                           ...RESPONDENTS

      THIS CRP IS FILED UNDER SECTION 115 OF CPC
AGAINST THE ORDER DATED 13.06.2023 PASSED IN COM. EX.
NO.120/2023 ON THE FILE OF C/C. LXXXVI ACC AND SJ,
BENGALURU, ALLOWING THE PETITION FILED UNDER
SEC.17/(1) OF THE ARBITRATION AND CONCILIATION ACT,
1996.

     THIS PETITION COMING ON FOR ADMISSION THIS DAY,
THE COURT MADE THE FOLLOWING:
                                  -3-
                                         NC: 2023:KHC:25411
                                             CRP No. 416 of 2023




                              ORDER

This matter is listed for admission. I have heard the

learned counsel for the petitioner.

2. This petition is filed challenging the order dated

13.06.2023 passed in Com.Ex.No.120/2023 on the file of C/c

LXXXVI ACC and SJ, Bengaluru, allowing the petition filed under

Section 17/(1) of the Arbitration and Conciliation Act, 1996.

3. The execution petition is filed in view of the interim

order passed by the Arbitrator and as against the same, Com.

M.A.No.9/2022 is filed before the Appellate Court and the same

was withdrawn by the learned counsel for the petitioner.

Consequent upon withdrawal, in the execution petition on

13.06.2023, the Trial Court having noted the fact that

Com.M.A.No.9/2022 was withdrawn, observed that, inspite of

sufficient opportunity being given to the judgment debtor, till

date, he has not resisted the execution petition by filing the

objections.

4. The learned counsel for the petitioner also brought

to notice of this Court the certified copy of the order sheet in

Com.Ex.No.120/2023. The records also disclose that he had

NC: 2023:KHC:25411 CRP No. 416 of 2023

undertaken to appear on behalf of judgment debtor by filing a

memo and the same was taken on record and both the

petitioner-judgment debtor and the counsel made the

submission that Arbitrator also reserved the matter for orders

and hence, from 15.04.2023 to 12.06.2023, in view of the

submission, matter was adjourned. On 12.06.2023, learned

counsel for both the parties were present and learned counsel

for the judgment debtor submitted that judgment debtor did

not turn up to their office and prayed time to file vakalath on

behalf of judgment debtor and also to file objection. Hence, the

Court comes to the conclusion that sufficient opportunity was

given and even though the counsel undertaken to file vakalath

and objections by filing a memo on 15.04.2023 that he will

appear on behalf of the judgment debtor and file objections

resisting the execution petition, he filed only the vakalath and

hence, the Court heard the learned counsel for the judgment

debtor and decided the matter on 13.06.2023.

5. That on 13.06.2023, the Trial Court comes to the

conclusion that though the judgment debtor was given

sufficient opportunity to file objections, till date he has not filed

objections resisting the execution petition. The counsel brought

NC: 2023:KHC:25411 CRP No. 416 of 2023

to notice of this Court that on 13.06.2023, he has filed vakalath

for judgment debtor but, not filed the objections and counsel

pointed out that the matter was adjourned to file objections

and to pass an order on 06.07.2023. But, on perusal of the

order sheet, it is seen that the matter was kept for passing

orders at 3.00 p.m., no doubt the Presiding Officer has striked

out mentioning with regard to objections and the next date of

hearing mentioned as 06.07.2023. Even considering the said

fact into consideration also, when the petitioner himself has

withdrawn the appeal challenging the interim order passed by

the Arbitrator, there is nothing on record to question the

execution petition filed without even filing the objection and the

order passed by the Arbitrator as interim measure has also

attained its finality and the fact that the appeal was withdrawn

was also not disputed. Hence, the respondent herein has to

enforce the interim order.

6. When such being the case, I do not find any ground

to admit the matter and grant stay and there is no merit in the

revision and inspite of the fact that the judgment debtor

appeared in the month of April, 2023 through a counsel by

filing a memo, on 15.04.2023 also, not filed any objections

NC: 2023:KHC:25411 CRP No. 416 of 2023

resisting the execution petition on 13.06.2023. Hence, the Trial

Court proceeded to pass an order. Therefore, I do not find any

merit in the revision.

Accordingly, the revision petition is dismissed.

Sd/-

JUDGE

ST

 
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