M/S Vista Spaces Sun (Raintree) Private Limited v. Mr S Sridhar
Case brief
What is this about?
M/s Vista Spaces Sun (Raintree) Private Limited represented by Ms. Krupa M S v. S Sridhar, M.S. Sudha, S. Shreyas, S. Lakshmi and Smt. Swarna - High Court of Karnataka at Bengaluru; Hon'ble Mr. Justice B M Shyam Prasad; Oral Order dated 16 July 2026; NC: 2026:KHC:36488; CMP No. 152 of 2026; CNR KAHC010231922026; filed under S. 11(6) of the Arbitration and Conciliation Act for appointment of sole arbitrator under Clause 33.4 of Joint Development Agreement dated 20.11.2018; Settlement Agreement dated 24.06.2026; settlement payment of Rs. 2,05,00,000/- (Two Crores and Five Lakhs); handover of 10 units and car spaces; petition dismissed as withdrawn; no precedent discussed.
What did the court decide?
Withdrawal of the petition effected; the petition stands dismissed as withdrawn following amicable settlement of all disputes between the parties.