VIDE ORDER DATED 17.04.2023, PETITION AGAINST R3 & R4 IS DISMISSED)

THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE THE ORDER DATED 03/01/2023 PASSED BY THE LXXXIII ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, COMMERCIAL COURT COMPLEX AT BENGALURU IN COM A.S.NO.152/2019 REJECTING IA NO.2/2022 FILED BY THE PETITIONERS MARKED AS ANNEXURE A.

THIS PETITION HAVING BEEN RESERVED FOR ORDERS ON 04.02.2026, COMING ON FOR PRONOUNCEMENT THIS DAY, THROUGH VIDEO CONFERENCING, SITTING AT DHARWAD BENCH, THE ORDER WAS DELIVERED THEREIN AS UNDER:

CORAM: HON'BLE MS. JUSTICE TARA VITASTA GANJU

CAV ORDER

Contents

I. Preface ................................................................... 4

II. Brief Facts ............................................................. 4

III. Contentions by the Petitioners: ............................... 8

IV. Contentions by the Respondents: ........................... 12

V. Issue for Consideration: ......................................... 16

VI. Analysis and Findings ........................................... 16

(a) The Statute: ..................................................... 17

(b) The Tenets of the Agreements: ............