Jupiter Capital Private Limited v. Amica Financial Technologies Private Limited

Karnataka HC2 Jul 2026COMAP/427/2025

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Jupiter Capital Private Limited v. Amica Financial Technologies Private Limited | NC: 2026:KHC:32979-DB | Karnataka HC Commercial Appeal (COMAP No. 427 of 2025), decided 02.07.2026 | Section 13(1-A) Commercial Courts Act 2015 | interim injunction Order 39 Rule 1 and 2 CPC dismissed in COM.OS No.861/2023 | joint memorandum of settlement; disputes settled; suit withdrawal | appeal disposed of as withdrawn at admission; no ruling on merits.

What the court decided

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Jupiter Capital Private Limited Vs Amica Financial Technologies Private Limited — Karnataka HC (2026) — LawSathi Research

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NC: 2026:KHC:32979-DB COMAP No. 427 of 2025

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 2^ND DAY OF JULY, 2026

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PRESENT

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THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE

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AND

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THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA COMMERCIAL APPEAL NO. 427 OF 2025

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BETWEEN:

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JUPITER CAPITAL PRIVATE LIMITED

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HAVING ITS REGISTERED OFFICE AT: NO. 03, 5^TH FLOOR PRESTIGE SIGMA VITTAL MALLYA ROAD BENGALURU - 560 001. A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 REPRESENTED BY ITS AUTHORISED SIGNATORY MR. ABHAY MAHESHWARI.

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Digitally signed by SRIDEVI S Location: High Court of Karnataka

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(BY SRI. ADITHYA R CHAKRAGIRI, ADVOCATE Ms. NEHA RAO, ADVOCATE)

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…APPELLANT

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AND:

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AMICA FINANCIAL TECHNOLOGIES PRIVATE LIMITED HAVING ITS REGISTERED OFFICE AT NO. 32 3^RD FLOOR, VIRAJ BUILDING PLOT NO. 124, ABOVE HDFC BANK SV ROAD, KHAR WEST MUMBAI - 400 052. REPRESENTED THROUGH ITS

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NC: 2026:KHC:32979-DB COMAP No. 427 of 2025

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HC-KAR

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AUTHORISED REPRESENTATIVE MR. RAGHUVARDHAN R.

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…RESPONDENT

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(BY SRI ABDUL HADIN, ADVOCATE Ms. SANJANA M, ADVOCATE V/o DATED. 09-09-2025 SRI PRADEEP NAYAK, ADVOCATE)

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THIS COMMERCIAL APPEAL UNDER SECTION 13 (1-A) OF THE COMMERCIAL COURTS ACT, 2015 PRAYING TO SET ASIDE THE ORDER DATED JUNE 19, 2025 PASSED BY THE LEARNED LXXXIX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, AT BENGALURU (CCH-90) IN COM. OS NO.861/2023, DISMISSING IA NO.1 OF 2023 FILED UNDER ORDER 39 RULE 1 AND 2 OF CPC., IN COM.OS NO.861/2023 (ANNEXURE - A), AND CONSEQUENTLY ALLOW THE IA NO.1 OF 2023 FILED UNDER ORDER 39 RULE 1 AND 2 OF CPC IN COM. OS NO.861/2023 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 MR. VIBHU BAKHRU, CHIEF JUSTICE and HON'BLE MRS. JUSTICE K.S. HEMALEKHA

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ORAL JUDGMENT

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(PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE)

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The learned counsel appearing for the parties have filed a joint memorandum of settlement, inter alia , stating that the disputes

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NC: 2026:KHC:32979-DB COMAP No. 427 of 2025

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HC-KAR

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are settled and steps are being taken for withdrawal of the suit. They pray that in view of the settlement, the appeal may be disposed of as withdrawn.

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In view of the above, the present appeal is disposed of.

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Sd/(VIBHU BAKHRU) CHIEF JUSTICE

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Sd/(K.S. HEMALEKHA) JUDGE

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SD List No.: 1 Sl No.: 17

Jupiter Capital Private Limited v. Amica Financial Technologies Private Limited

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Jupiter Capital Private Limited v. Amica Financial Technologies Private Limited

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