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Karnataka High Court
M/S Jagtap Associates vs Canara Bank on 9 April, 2026
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NC: 2026:KHC:19743
CMP NO.384 OF 2024
HC-KAR
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 09TH DAY OF APRIL, 2026
BEFORE
THE HON'BLE MR. JUSTICE E.S. INDIRESH
CIVIL MISCELLANEOUS PETITION NO.384 OF 2024
BETWEEN:
M/S JAGTAP ASSOCIATES
HAVING ITS REGISTERED OFFICE AT:
L-608 AND 609, MEGA CENTER,
MAGARPATTA HADAPSAR,
PUNE - 411028
REP. BY ITS PROPRIETOR
MR. SAMBHAJI POPATRAO JAGTAP.
...PETITIONER
(BY SRI. LOKESHA M.Y., ADVOCATE)
AND:
1. CANARA BANK
HEAD OFFICE,
NO.112, J.C. ROAD
BENGALURU - 560 002.
REP. BY AUTHORISED OFFICER.
Digitally signed by 2. CIRCLE HEAD,
CHAYA S A CANARA BANK, CIRCLE OFFICE,
Location: HIGH
COURT OF 3RD FLOOR, F.P.790(PART),
KARNATAKA SHIVAJI ROAD, MANGALA THEATRE,
SHIVAJI NAGAR,
PUNE - 411 005.
3. CANARA REGIONAL OFFICE-1,
REGIONAL HEAD, CANARA BANK,
REGIONAL OFFICE-1,
PREMIUM POINT BUILDING, 4TH FLOOR,
OPP. MODERN HIGH SCHOOL,
J.M.ROAD, SHIVAJINAGAR,
PUNE - 411 005.
REP. BY AUTHORISED OFFICER.
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CMP NO.384 OF 2024
HC-KAR
4. BRANCH MANAGER,
CANARA BANK,
AKURDI BRANCH,
SHOP NO.3, 4, 5 AND 6,
GROUND FLOOR,
BLOOMING DALE, PLOT NO.SDC 5 AND 6,
SECTOR 32A, NEAR D.Y. PATIL COLLEGE,
AKURDI PRADIKARAN,
PUNE - 412 101.
5. BRANCH MANAGER
CANARA BANK, BANER BRANCH,
PUNE, WING B BIZ BAY, S.NO.110,
11, 23, AUNDH BANER ROAD,
BANER,
PUNE - 411 045.
6. BRANCH MANAGER
CANARA BANK, BHAWANI PETH BRANCH.
1233 C, PALAKHI VITHOBA CHOCK.
PUNE - 411 002.
7. BRANCH MANAGER
CANARA BANK, PUNE CAMP BRANCH,
GROUND FLOOR, RED CROSS BUILDING 11, M.G. ROAD
CAMP,
PUNE - 411 001.
8. BRANCH MANAGER,
CANARA BANK, MSME CHINCHWAD BRANCH,
EMPIRE ESTATE, SHOP NO.4 TO 12,
N BUILDING. CTS NO.4510/1,
MUMBAI PUNE HIGHWAY,
PIMPRI CHINCHWAD,
PUNE - 411 019.
9. BRANCH MANAGER
CANARA BANK, DECCAN GYMKHANA BRANCH, DECCAN
GYMKHANA CLUB, RENUKA COMPLEX,
1259, JANGALI MAHARAJ ROAD,
DECCAN GYMKHANA,
PUNE - 411 004.
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CMP NO.384 OF 2024
HC-KAR
10. BRANCH MANAGER
CANARA BANK, RETAIL ASSET HUB BRANCH,
1ST FLOOR, RAMBAUGH COLONY,
PAUD ROAD, KOTHRUD,
PUNE - 411 038.
11. BRANCH MANAGER
CANARA BANK, GULTEKADI MARKET YARD BRANCH,
NEW MARKET YARD, PLOT NO.473/474,
GULTEKDI,
PUNE - 411 037.
12. BRANCH MANAGER
CANARA BANK, HADAPSAR-1 BRANCH,
VAIBHAV CINEMA COMPLEX,
SOLAPUR ROAD, HADAPSAR,
PUNE - 411 028.
13. BRANCH MANAGER
CANARA BANK, HADAPSAR-II BRANCH,
SR NO.13/3A/LC, BANKAR COLONY,
OPP. AAKASHWANI,
SOLAPUR ROAD, HADAPSAR,
PUNE - 411 028.
14. BRANCH MANAGER
CANARA BANK, HI TECH AGRI FINANCE BRANCH, 1259,
RENUKA COMPLEX, JANGLI MAHARAJ ROAD,
DECCAN GYMKHANA,
PUNE - 411 004.
15. BRANCH MANAGER
CANARA BANK, KARVENAGAR BRANCH,
SHOP NO.2 AND 4, K.S. RESIDENCY,
PLOT NO.126, OPP. VANDEVI TEMPLE,
KARVENAGAR,
PUNE - 411 052.
16. BRANCH MANAGER,
CANARA BANK, KHADAKI BRANCH,
SHOP NO.5, 6, KHADKI BUSINESS CENTRE,
KHADKI BAZAR,
PUNE - 411 003.
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CMP NO.384 OF 2024
HC-KAR
17. BRANCH MANAGER,
CANARA BANK, KOREGAON PARK BRANCH,
5TH LANE, NORTH MAIN ROAD,
KOREGAON PARK,
PUNE - 411 001.
18. BRANCH MANAGER,
CANARA BANK, KOTHRUD BRANCH,
PAUD ROAD, RAMBAUG COLONY,
KOTHRUD,
PUNE - 411 038.
19. BRANCH MANAGER,
CANARA BANK, MODEL COLONY BRANCH,
CHINAR HEIGHTS, 1ST FLOOR,
DEEP BUNGALOW CHOWK,
PUNE - 411 016.
20. BRANCH MANAGER,
CANARA BANK, MSFC BRANCH,
MAHARASHTRA STATE FARMING
CORPORATION BUILDING,
SENAPATI BAPAT ROAD,
PUNE - 411 016.
21. BRANCH MANAGER,
CANARA BANK, PANCHAWATI PASHAN BRANCH,
S.NO.36/37, PLOT NO.1,
MADHUKUNJ CO-OP HOUSING SOCIETY, PANCHAVATI
PASHAN,
PUNE - 411 008.
22. BRANCH MANAGER,
CANARA BANK, PIMPLE SAUDAGAR BRANCH,
S.NO. 141/2+3+4+5, SHOP NO.2 (PART),
RAJVEER PALACE, PHASE-II,
PIMPLE SAUDAGAR,
PUNE - 411 027.
23. BRANCH MANAGER,
CANARA BANK, RAMWADI BRANCH,
PUNE, S.O, DEEP HEIGHTS SANKALP NAGARI, NAGAR
ROAD, RAMWADI,
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CMP NO.384 OF 2024
HC-KAR
VIMAN NAGAR,
PUNE - 411 014.
24. BRANCH MANAGER,
CANARA BANK, SADASHIV PETH BRANCH,
1183, SHEDGE WADI ROAD, PERUGATE,
SADASHIV PETH,
PUNE - 411 030.
25. BRANCH MANAGER,
CANARA BANK, SME BHOSARI BRANCH,
PUNE, J462 MCCIA BUILDING, MIDC,
GANESH NAGAR TELCO ROAD,
BHOSARI PCMC,
PUNE - 411 026.
26. BRANCH MANAGER,
CANARA BANK, SWARGET BRANCH,
PUNE-2136, VIJAYA NAGAR COLONY,
SADASHIV PETH,
PUNE - 411 030.
...RESPONDENTS
(BY SRI. VIGNESH SHETTY, ADVOCATE FOR R1;
V/O DATED 05.02.2026, PETITION DISMISSED
AGAINST R2 TO R26)
THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER
SECTION 11 OF THE ARBITRATION AND CONCILIATION ACT,
1996, PRAYING TO APPOINT A SOLE INDEPENDENT ARBITRATOR
TO ADJUDICATE UPON THE CLAIMS OF THE PETITIONER AGAINST
THE RESPONDENTS AS PROVIDED UNDER CLAUSE 32 OF THE
AGREEMENT DATED 12TH FEBRUARY, 2020 AND TO RESOLVE THE
DISPUTE BETWEEN THE PARTIES VIDE ANNEXURE-A.
THIS PETITION COMING ON FOR ADMISSION, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE E.S. INDIRESH
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NC: 2026:KHC:19743
CMP NO.384 OF 2024
HC-KAR
ORAL ORDER
This petition is filed by the petitioner seeking an
appointment of Sole Arbitrator in terms of Clause 32 of the
Agreement dated 12th February, 2020 (Annexure-A) entered
into between the parties.
2. Heard Sri. Lokesha M.Y., learned counsel appearing
for the petitioner and Sri. Vignesh Shetty, learned counsel
appearing for the respondent No.1.
3. Having heard the learned counsel appearing for the
parties, I have carefully perused Clause 32 of the Agreement
dated 12th February, 2020 (Annexure-A), which provides for
resolution of dispute through an Arbitration. In that view of the
matter, I am of the view that, a retired District Judge be
appointed as Arbitrator to resolve the dispute between the
parties.
4. Therefore, Sri. H.S. Ramanna, District Judge
(Retired) is appointed as an Arbitrator to resolve the dispute
between the parties in the Arbitration and Conciliation Centre
(Domestic and International), Bengaluru. In order to avoid
further delay in the matter, parties are directed to appear
NC: 2026:KHC:19743
CMP NO.384 OF 2024
HC-KAR
before the Arbitration Centre (Domestic and International),
Bengaluru on 07th May, 2026 at 11.00 am.
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 (Domestic and
International), Khanija Bhavan, Bengaluru for proceeding
further in the matter.
7. Registry is directed to return the original documents
if any, produced by the parties, after obtaining photostat copy
of the same for the file.
Accordingly, Civil Miscellaneous Petition is disposed of.
SD/-
(E.S.INDIRESH)
JUDGE
ARK
List No.: 2 Sl No.: 24
