Catterpiller Financial Services India Private Limited v. M/S Giri Constructuion

Karnataka HC13 Jul 2026CMP/140/2025

Case brief

AI extract

What is this about?

Karnataka High Court, Bengaluru (B M Shyam Prasad, J.) — CMP No. 140 of 2025, Catterpiller Financial Services India Pvt. Ltd. v. M/s Giri Constructuion (Prop. Baski Narayan Panda) & Anr. — Section 11(6) Arbitration and Conciliation Act 1996 petition for appointment of sole arbitrator (Clause 21.6, Loan and Security Agreement 808.70003566 dated 10.02.2023) — dismissed as withdrawn on memo recording amicable settlement during pendency, with liberty to file a fresh petition if necessary; no issues decided on merits; no cases cited; no amounts awarded.

What did the court decide?

Petition dismissed as withdrawn; memo seeking liberty to file a fresh petition, if necessary, accepted. ¶37-38

Catterpiller Financial Services India Private Limited Vs M/S… — Arbitration | Karnataka HC (2026)

¶1

¶2

HC-KAR

¶3

NC: 2026:KHC:35339 CMP No. 140 of 2025

¶4

CNR: KAHC010158282025

¶5

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

¶6

DATED THIS THE 13^TH DAY OF JULY, 2026

¶7

BEFORE

¶8

THE HON'BLE MR. JUSTICE B M SHYAM PRASAD CIVIL MISC. PETITION NO. 140 OF 2025

¶9

BETWEEN:

¶10

CATTERPILLER FINANCIAL SERVICES INDIA PRIVATE LIMITED A COMPANY INCORPORATED AND REGISTERED

¶11

UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT

¶12

Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA

¶13

GROUND FLOOR, PRESTIGE SHANTINIKETAN, CRESCENT 1, WHITEFIELD ROAD HOODI, WHITEFIELD BENGALURU URBAN, KARNATAKA- 560048

¶14

…PETITIONER

¶15

(BY SRI. THAKUR RISHABHA RAJ.,ADVOCATE)

¶16

AND:

¶17

M/S GIRI CONSTRUCTUION (PROP. BASKI NARAYAN PANDA)

¶18

¶19

HC-KAR

¶20

NC: 2026:KHC:35339 CMP No. 140 of 2025

¶21

CNR: KAHC010158282025

¶22

S/O BADRI NARAYAN PANDA VILLAGE PO SHILADIH HAZARIBAG, JHARKHAND-825323

¶23

2. VINITA KUMARI

¶24

C/O BASKI NARAYAN PANDA SILADIH, HAZARIBAGH SILADIH JHARKHAND 825323.

¶25

…RESPONDENTS

¶26

THIS CIVIL MISCELLANEOUS PETITION IS FILED UNDER SECTION 11(6) OF THE ARBITRATION AND CONCILIATION ACT, 1996 PRAYING TO APPOINT A SOLE ARBITRATOR TO RESOLVE THE DISPUTES AND DIFFERENCES AMONGST THE PARTIES IN TERMS OF CLAUSE 21.6 OF THE LOAN AND SECURITY AGREEMENT BEARING 808.70003566 ANNEXURE - B DATED 10.02.2023 EXECUTED BETWEEN THE PETITIONER AND THE RESPONDENTS.

¶27

THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

¶28

CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD

¶29

¶30

NC: 2026:KHC:35339 CMP No. 140 of 2025

¶31

HC-KAR

¶32

CNR: KAHC010158282025

¶33

ORAL ORDER

¶34

The learned counsel for the petitioner files a

¶35

memo which reads as under.

¶36

" The counsel for the Petitioner submits that during the pendency of the present petition, the disputes between the parties have been amicably settled. In view of the said settlement, the Petitioner does not wish to prosecute the present petition any further. Thus, it is just & necessary to withdraw the present Petition with a liberty to file fresh petition, if necessary, in the interest of justice and equity."

¶37

The memo is accepted and the petition stands

¶38

dismissed as withdrawn.

¶39

Sd/(B M SHYAM PRASAD) JUDGE

¶40

Catterpiller Financial Services India Private Limited v. M/S Giri Constructuion

Case brief

What is this about?

What did the court decide?

Catterpiller Financial Services India Private Limited v. M/S Giri Constructuion

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

Similar cases

Latha M Vs Greater Bengaluru Authority (Gba)

Sri H M Shankara Vs the State of Karnataka

Sri S a Malik Vs the Executive Officer and Appellate Authority

Mekala Sahadeva Reddy Vs the Panchayath Development Officer

Miss. Rajeswari Devi. S. v. Vs the Greater Bengaluru Authority

Mr. Mohammed Sadiq Vs the State of Karnataka