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2025 Supreme(Kar) 1830

IN THE HIGH COURT OF KARNATAKA AT BENGALURU
ANU SIVARAMAN, VIJAYKUMAR A.PATIL
B. Lakshman Gupta S/o Late B.L. Betaiah Setty – Appellant
Versus
Sampurna Builders – Respondent


Advocates Appeared:
For the Appellants : Nandakumar C.K., Sridhar Chakravarthi M.V.

JUDGMENT :

ANU SIVARAMAN, J.

1. This appeal is filed under Section 13 (1-A) of the Commercial Courts Act, 2015 challenging the Judgment dated 21.09.2023 passed by LXXXV Additional City Civil and Sessions Judge, Bengaluru (CCH-86) ('Commercial Court' for short) in Commercial Appeal No.93/2023.

2. We have heard Shri. Nandakumar C.K. learned senior counsel as instructed by Shri. Sridhar Chakravarthi M.V. learned counsel appearing for the appellants.

3. Notice had been ordered by way of substituted service to the respondents on 06.06.2024 and duly served. However, there is no representation on behalf of the respondents.

4. The subject matter of the dispute between the parties was the handing over of built-up area to the appellants, who were the landowners on the basis of Joint Development Agreement dated 11.06.2008 and Supplementary Joint Development Agreement dated 18.03.2010. The matter was referred to arbitration and an arbitral award was passed on 27.06.2022, allowing the claim in part. The respondents herein filed an arbitration petition under Section 34 of the Arbitration and Conciliation Act, 1996 ('Arbitration Act' for short) challenging an arbitral award dated 27.06.2022. The sa

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