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Klimart Private Limited vs Educomp Infrastructure And
2024 Latest Caselaw 25516 Kant

Citation : 2024 Latest Caselaw 25516 Kant
Judgement Date : 25 October, 2024

Karnataka High Court

Klimart Private Limited vs Educomp Infrastructure And on 25 October, 2024

                                                 -1-
                                                           NC: 2024:KHC:43084-DB
                                                           MFA No. 6633 of 2016
                                                       C/W MFA No. 6632 of 2016



                           IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                             DATED THIS THE 25TH DAY OF OCTOBER, 2024
                                              PRESENT
                              THE HON'BLE MR JUSTICE V KAMESWAR RAO
                                                 AND
                                THE HON'BLE MR JUSTICE S RACHAIAH
                      MISCELLANEOUS FIRST APPEAL NO. 6633 OF 2016 (AA)
                                                C/W
                      MISCELLANEOUS FIRST APPEAL NO. 6632 OF 2016 (AA)


                      IN MFA No. 6633/2016 (AA)

                      BETWEEN:

                            KLIMART PRIVATE LIMITED
                            A COMPANY INCORPORATED UNDER
                            THE PROVISIONS OF THE COMPANIES ACT, 1956
                            HAVING ITS REGISTERED OFFICE
                            AT C-20, SOAMI NAGAR, PANCHSHEEL,
                            NEW DELHI - 110 017.
                            AND ITS DESIGN OFFICE AT NO. 21
                            8TH CROSS, 24TH MAIN, J.P NAGAR II PHASE,
Digitally signed by         BANGALORE - 560 078.
SREEDHARAN                  REPRESENTED HEREIN BY ITS DIRECTOR
BANGALORE
SUSHMA                      DR. SUJIT KUMAR
LAKSHMI
Location: HIGH
COURT OF
KARNATAKA
                                                                    ...APPELLANT
                      (BY SMT. AKSHITHA PRASAD, ADVOCATE FOR
                          SRI. SANJAY H SETHIYA, ADVOCATE)

                      AND:


                      1.    EDUCOMP INFRASTRUCTURE AND
                            SCHOOL MANAGEMENT LIMITED
                              -2-
                                       NC: 2024:KHC:43084-DB
                                       MFA No. 6633 of 2016
                                   C/W MFA No. 6632 of 2016



       (FORMERLY KNOWN AS M/S. EDUCOMP
       INFRASTRUCTURE PRIVATE LIMITED)
       A COMPANY INCORPORATED UNDER THE
       COMPANIES ACT, 1956 HAVING ITS REGISTERED
       OFFICE AT NO.308, UDYOG VIHAR,
       PHASE-II, GURGAON - 122 001.
       HARYANA AND ALSO AT NO.1211,
       PADMA TOWER-I,NO.5,
       RAJENDRA PLACE, NEW DELHI - 110 008.
       REPRESENTED HEREIN BY ITS DIRECTOR
       MR. SHANTANU PRAKASH

2.     EDUCOMP SOLUTIONS LIMITED
       A COMPANY INCORPORATED UNDER THE
       COMPANIES ACT, 1956 HAVING ITS REGISTERED
       OFFICE NO. 1211,PADMA TOWER-I,
       NO.5, RAJENDRA PLACE, NEW DELHI - 110 008.
       AND HAVING ITS CORPORATE OFFICE AT
       NO.514, UDYOG VIHAR,
       PHASE-III, GURGAON - 122 001.HARYANA
       REPRESENTED HEREIN BY ITS DIRECTOR
       MR. SHANTANU PRAKASH

                                             ...RESPONDENTS
(BY SRI. ANIKETH B C, ADVOCATE FOR R1 & R2)
     [VK RETURNED WITH OFFICE OBJECTIONS]


        THIS MFA FILED U/S 37(1)(b) OF THE ARBITRATION AND
CONCILIATION ACT PRAYING TO SET ASIDE THE ORDER
DATED 23.6.2016     PASSED ON IA NO.5 IN A.A.NO.639/2013
AND ETC.,
                             -3-
                                      NC: 2024:KHC:43084-DB
                                      MFA No. 6633 of 2016
                                  C/W MFA No. 6632 of 2016




IN MFA NO. 6632/2016 (AA)


BETWEEN:


     KLIMART PRIVATE LIMITED
     A COMPANY INCORPORATED UNDER
     THE PROVISIONS OF THE COMPANIES ACT, 1956
     HAVING ITS REGISTERED OFFICE
     AT C-20, SOAMI NAGAR, PANCHSHEEL
     NEW DELHI - 110 017.
     AND ITS DESIGN OFFICE AT NO.21
     8TH CROSS, 24TH MAIN, J.P.NAGAR, II PHASE,
     BANGALORE - 560 078.
     REPRESENTED BY ITS DIRECTOR
     DR. SUJIT KUMAR.
                                            ...APPELLANT

(BY SMT. AKSHITHA PRASAD, ADVOCATE FOR
    SRI. SANJAY H SETHIYA, ADVOCATE)


AND:

1.   EDUCOMP INFRASTRUCTURE AND SCHOOL
     MANAGEMENT LIMITED
     (FORMERLY KNOWN AS M/S. EDUCOMP
     INFRASTURCTURE PRIVATE LIMITED)
     A COMPANY INCORPORATED UNDER THE
     COMPANIES ACT, 1956, HAVING ITS REGISTERED
     OFFICE AT NO. 308, UDYOG VIHAR, PHASE - II
     GURGAON - 122 001, HARYANA, AND ALSO AT
     NO. 1211, PADMA TOWER - I
     NO.5, RAJENDRA PLACE, NEW DELHI - 110 008.
     REPRESENTED HEREIN BY ITS DIRECTOR
     MR. SHANTANU PRAKASH.

2.   EDUCOMP SOLUTIONS LIMITED
     A COMPANY INCORPORATED UNDER THE
                           -4-
                                    NC: 2024:KHC:43084-DB
                                    MFA No. 6633 of 2016
                                C/W MFA No. 6632 of 2016



   COMPANIES ACT, 1956
   HAVING ITS REGISTERED OFFICE
   NO. 1211
   PADMA TOWER -I,
   NO.5, RAJENDRA PLACE, NEW DELHI - 110 008.
   AND HAVING ITS CORPORATE OFFICE AT
   NO. 514, UDYOG VIHAR,
   PHASE - III, GURGAON - 122 001, HARYANA
   REPRESENTED HEREIN BY ITS DIRECTOR
   MR. SHANTANU PRAKASH.

                                      ...RESPONDENTS

(BY SRI. ANIKETH B C, ADVOCATE FOR R1 & R2)
  [VK RETURNED WITH OFFICE OBJECTIONS]



     THIS MFA FILED U/S 37(1)(b) OF THE ARBITRATION AND
CONCILIATION ACT PRAYING TO CALL FOR RECORDS IN A.A.
NO.639 OF 2013 IN THE COURT OF VI ADDL. CITY CIVIL AND
SESSION JUDGE, BANGALORE AND SET ASIDE THE ORDER
DATED 23.06.2016 PASSED ON A.A.NO.639/2013 AND ETC.,


     THESE APPEALS, COMING ON FOR ORDERS, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:


CORAM:   HON'BLE MR JUSTICE V KAMESWAR RAO
         and
         HON'BLE MR JUSTICE S RACHAIAH
                                    -5-
                                              NC: 2024:KHC:43084-DB
                                             MFA No. 6633 of 2016
                                         C/W MFA No. 6632 of 2016




                        ORAL JUDGMENT

(PER: HON'BLE MR JUSTICE V KAMESWAR RAO)

Learned counsel for the appellant has filed a memo for

withdrawal dated 24.10.2024 in both the appeals. The same

are taken on record.

2. The memo for withdrawal reads as under:

"The Appellants in the above mentioned matter submits as follows:The Appellants humbly submits that, the Appellants seeks leave of this Hon'ble Court to withdraw the instant Appeal with liberty same.Wherefore it is prayed that this Hon'ble Court may kindly be pleased take the memo on record and withdraw the present Appeal as not pressed in the interest of justice and equity."

3. Learned counsel for the appellant reiterates the

prayer for withdrawal of the appeals. The appeals are dismissed

as withdrawn.

SD/-

(V KAMESWAR RAO) JUDGE

SD/-

(S RACHAIAH) JUDGE

JS

 
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