HIGH COURT FOR THE STATE OF TELANGANA COMMERCIAL COURT APPEAL NO.21 OF 2022 Between :

M/s. Ranganath Properties Pvt. Ltd., Rep. by its Directors Ramesh Chand Kalantri, S/o. Late Dhanraj Kalantri Aged about 62 years, Occ : Business R/o. 5-8-294, Chirag Lane, Mahesh Nagar, Nampally, Hyderabad and 15 others ...Appellants/Petitioners And Phonix Tech Zone Pvt. Ltd., (formerly known as Phonenix Embassy Tech Zone Pvt. Ltd.,)

(Developer) Rep. By its Managing Director, P. Gopi Krishna, registered office at Sy.No.27/1 to 27/4, Nanakramguda, Gachibowli, Ranga Reddy District, Telangana (cid:150) 500 032. & 2 others ...Respondents DATE OF COMMON ORDER PRONOUNCED: 02.03.2023 SUBMITTED FOR APPROVAL:

1. Whether Reporters of Local newspapers Yes/No may be allowed to see the judgment?

2. Whether the copies of judgment may be Yes/No marked to Law Reporters/Journals

3. Whether Their Lordships wish to Yes/No see the fair copy of the judgment?

* HONOURABLE SRI JUSTICE P. NAVEEN RAO AND HONOURABLE SRI JUSTICE J. SREENIVAS RAO + COMMERCIAL COURT APPEAL NO.21 OF 2022 % DATED 02ND DAY OF MARCH, 2023 Between :

# M/s. Ranganath Properties Pvt. Ltd., Rep. by its Directors Ramesh Chand Kalantri, S/o. Late Dhanraj Kala