Dismissed¶36

Phonepe Private Limited v. M/S Logipe Fintech Private Limited

Karnataka HC12 Aug 2025COMAP/267/2023

Case brief

AI extract

What is this about?

PhonePe Private Limited v. M/s. Logipe Fintech Private Limited & Ors.; High Court of Karnataka (Division Bench: Anu Sivaraman and Rajesh Rai K., JJ.), COMAP No. 267 of 2023, NC: 2025:KHC:31209-DB, decided 12.08.2025. Commercial appeal under S.13(1A) Commercial Courts Act, 2015 r/w S.104, Order XLIII Rule 1(r) CPC against interim order dated 24.05.2023 in Com.O.S.No.122/2023 (Commercial Court, Bengaluru) concerning I.A.No.2 (Order XXXIX Rules 1 and 2 CPC interim injunction) and I.A.No.3 (Order XXXIX Rule 4 CPC). Appeal dismissed as infructuous because the suit stood decreed. Keywords: infructuous appeal; interim injunction; commercial courts; PhonePe; Logipe Fintech.

What did the court decide?

The suit out of which the appeal arose has already been decreed, and therefore the appeal does not survive for consideration. ¶35

Phonepe Private Limited Vs M/S Logipe Fintech Private Limited — Karnataka HC (2025) — LawSathi Research

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NC: 2025:KHC:31209-DB COMAP No. 267 of 2023

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12^TH DAY OF AUGUST, 2025

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PRESENT

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THE HON'BLE MRS. JUSTICE ANU SIVARAMAN

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AND

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THE HON'BLE MR. JUSTICE RAJESH RAI K COMMERCIAL APPEAL NO. 267 OF 2023

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BETWEEN:

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Digitally signed by CHANNEGOWDA PREMA

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Location: High Court of Karnataka

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PHONEPE PRIVATE LIMITED A COMPANY INCORPORATED UNDER THE COMAPNIES ACT, 1956 BEARING CIN U67190MH2012PTC337657 HAVING ITS REGISTERED OFFICE AT FLOOR 4, 5, 6, 7, WING A, BLOCK A SALARPURIA SOFTZONE SERVICE ROAD GREEN GLEN LAYOUT BELLANDUR, BENGALURU KARNATAKA-560 103 REPRESENTED BY ITS AUTHORIZED SIGNATORY MR. RAHUL KUMAR

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(BY SRI. VEGADARSHI K., ADVOCATE FOR SMT. MANEESHA KONGOVI, ADVOCATE)

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…APPELLANT

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AND:

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M/S. LOGIPE FINTECH PRIVATE LIMITED A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 2013 BEARING CIN U74999KA2022PTC156435 HAVING ITS REGISTERED OFFICE AT HD-040, WEWORK PRESTIGE ATLANTA 80 FEET MAIN ROAD KORAMANGALA 1A BLOCK

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2 - NC: 2025:KHC:31209-DB COMAP No. 267 of 2023

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HC-KAR

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BENGALURU KARNATAKA-560 034 REPRESENTED BY ITS DIRECTORS

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MR. MRUTYUNJAY HIREMATH MAJOR IN AGE DIRECTOR M/S. LOGIPE FINTECH PRIVATE LIMITED HAVING OFFICE AT: HD-040, WEWORK PRESTIGE ATLANTA 80 FEET MAIN ROAD KORAMANGALA 1A BLOCK BENGALURU KARNATAKA-560 034

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MR. ABHISHEK GOYAL MAJOR IN AGE DIRECTOR M/S. LOGIPE FINTECH PRIVATE LIMITED HAVING OFFICE AT: HD-040, WEWORK PRESTIGE ATLANTA 80 FEET MAIN ROAD KORAMANGALA 1A BLOCK BENGALURU KARNATAKA-560 034

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MR. TEJPAL YADAV MAJOR IN AGE DIRECTOR M/S. LOGIPE FINTECH PRIVATE LIMITED HAVING OFFICE AT: HD-040, WEWORK PRESTIGE ATLANTA 80 FEET MAIN ROAD KORAMANGALA 1A BLOCK BENGALURU KARNATAKA-560 034

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…RESPONDENTS

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(BY SRI. MANU PRABHAKAR KULKARNI, ADVOCATE FOR C/R1)

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3 - NC: 2025:KHC:31209-DB COMAP No. 267 of 2023

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HC-KAR

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THIS COMAP / COMMERCIAL APPEAL IS FILED UNDER SECTION 13(1A) OF THE COMMERCIAL COURTS ACT, 2015, R/W SECTION 104 AND ORDER XLIII RULE 1(r) OF CPC, PRAYING THAT THIS HON'BLE COURT BE PLEASED TO (a) CALL FOR RECORDS IN COM.O.S.No.122/2023 PENDING ON THE FILE OF THE LXXXIX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, COMMERCIAL COURT (CCH-90) AT BENGALURU. (b) SET ASIDE THE COMMON ORDER DATED 24.05.2023 ON I.A.No.2 AND 3 IN COM.O.S.No.122/2023 PENDING ON THE FILE OF THE LXXXIX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, COMMERCIAL COURT, BENGALLURU (CCH-90) (ANNEXURE-A) AND CONSEQUENTLY, ALLOW I.A.No.2 FILED BY THE APPELLANT / PLAINTIFF UNDER ORDER XXXIX RULES 1 AND 2 AND SECTION 151 OF THE CPC R/W SECTION 16 OF THE COMMERCIAL COURTS ACT 2015 AND DISMISS I.A.No.3 FILED BY RESPONDENTS / DEFENDANTS UNDER ORDER XXXIX RULE 4 OF CPC, 1908, AND ETC.

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THIS APPEAL, COMING ON FOR ADMISSION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER:

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CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN and HON'BLE MR. JUSTICE RAJESH RAI K

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