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2026 Supreme(Ker) 654

IN THE HIGH COURT OF KERALA AT ERNAKULAM
S.MANU
Malabar International Gold Designs Private Limited – Appellant
Versus
Anil Kumar K V – Respondent


Advocates Appeared:
For the Petitioner: Sri.P.Viswanathan (Sr.), Smt.D.Reetha, Shri.Akhil K.M., Smt.Anjali Nair, Sri.P.V.Vinod (Bengalam)
For the Respondent: Shri.C.K.Karunakaran, Smt.Lekshmi P. Nair, Smt.Shifna Muhammed Shukkur, Smt.Krishna Suresh, Smt.Mekha Manoj, Shri.Anirudh Indukaladharan

Table of Content
1. shareholders bound by restrictive covenants in articles of association. (Para 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12)
2. parties dispute existence/validity of arbitration and jurisdiction. (Para 13 , 14 , 15 , 16 , 17 , 18)
3. court role under s.11 limited to prima facie existence. (Para 19 , 20 , 21 , 22 , 23)
4. appointment of arbitrator to resolve all pending disputes. (Para 24)

ORDER :

S. Manu, J.

Since common issues are involved in these arbitration requests, they are being disposed of by this common order.

2. Petitioners are companies incorporated under the provisions of the Companies Act, 1956. Malabar International Gold Designs Private Limited is the petitioner in A.R.No.263/2025. The respondent in A.R.No.263/2025 is one of the shareholders of the petitioner company having 300 equity shares of Rs.1,000/- each and 6450 compulsorily convertible debentures of Rs.1,000/- each.

3. In A.R.No.264/2025 the petitioner is Luster Gold Palace (India) Pvt Ltd. The respondent is one of the shareholders of the petitioner company having 190 equity shares of Rs.1,000/- each and 4010 compulsorily convertible debentures of Rs.1,000/- each.

4. In A.R.No.265/2025, Malabar Gold S

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