Karnataka High Court
Sri G J Raju Pais S/O B R Pais vs M/S Maharashtra Apex Corporation ... on 30 May, 2012
Author: N.K.Patil
Bench: N.K.Patil
..WR»mwmWwm\m«muma»¢a<<»m:m»xa::»\wK£%%:ix%3$%Rk\<E%K&%
E33? THE HEQH €§'{§R'E SF' ATA§§ £552' §,A.E¥'{§::§gQRE
BATEB THIS 'mg 33% my GE' zzxigy', 2@_: :>:. _:
PRESENT
THE HONBLE MR. JUSTICE §~Lj:z*:;ié:a;L:::1:;"~f ~ _ "
AND THE HQNBLE MK.Jj_£JsT:C.§'3¢V§P1:§*:%*§., MR5. N0, :;5 §i:3.. 0':>'2aa'S"
5 I21; M§.;:», 'Nae §~~i'§--f~§E Q'? 2508 gas"
EEEEEIA' MG. 3 £535 GE' §:{§{}_8'?f1;%i:"V::' Betwéeng 3:: $3, R,:1;;;:»vz¢-a::3%_-;'. 'V S,/Q.B.R.P_ais--;;'_. " ' fixgéé; a':>sf>.:1t':ZE.:'3"y{::--:::;3_.§ -. "
R4/' at.:No,3 1'€§.g 'V V' K'P:;?::§aVm; . V' Ba§:g3.§@:€~§ {B}? S3': R3;£:::a $§za.:é':"i§.i%;; Céjfihag g%da%'@é,*:a?i;€E L E .T 3393:' 173;. _ §x"§3E;gr3;shf;2*& Age};
._ '.§§f;'s:§3é:§':'g*3z¢WfEi:3?;;*:" ééméiésé, ' V S}?:2é;i¢a'%§::A}Eé@a;ga ":3: §;:§a:2';;§a% Eiaizzgsi '§'a%:;;E§, $3}; $535. {E€:s3a:fa§ Mazzagér, AA , §."'.>fl1 ":ziR.§4§€§'ba:".
Agwi afbsazé 17%} 3332333?
Q3§E3;1i:*aé<:§; §<Z2:3§::zs_r:a§ »mzi:§p€};Ea:z:t w;mmW..v.m....m..._ 2 § § ;%fi§i€X§$ N63; E{a§_;>anaV K§'21Hii€S% E}§up§'
3. $:"i, Brjgcs Rages}; Faisa, 81$. Laéé B,R.Pa§.s§ Agsd abgut 4? §;<--:2:,§3, R/at. Kum Kumg flpp. Haiti Sidéharthg, Balmata Raadg ixziangaiere,
4. Ga Chgndra, SEQ. Gevigéan, Ufigr 'v3.§§a.g€ 5: ?e:~3:,.-- .
Saga? 'faiuk§ ' ..
Sh§:nog3x5'?';? 4833 H v_ V' * V' ...Resp9::dEnE3 {By Sfie NaV€e1j;,':1:s_: Srii'; 33;' k€§2gd.h2gT.g<:&;_dE2a;:.2;' Rga Aévacaie far 1%: R4 €se?:re§:AVR3' sifieied Xfffie §ai€d ug92;2a__1:g'»v * ' _ .. .
£'\%E.,§';.;5i;--1;;§_sV §fi.€'{1._Ifi'I:'('Z§.€-FvVS<?C'U:Qi"£ :3'? Q? the firbitratisn ans? <:i):1ci£'ia.i:}3:1 Eijgri, _a'gi.:ainst: $116 erder siiatfid 2'§z'@5,/200$ gassééi in :%:°b§'%i:*és;-iiéézz §'§§,3}€€-E'\;GL:5;;2€}€3é~ 9:1 ihfi fiis af 33% E Aejditienai=§i$:1fiCi:_kJL§.'iEgé;.Ea4a::gai@%e% dismésgizzg '£325 523%? §§€§ ENS A§'?:ai§:*a:§Qé:~LVa::é Cazaciiésééari A:::z. '~ _ :x;:;%E*';A,:%§§;>;%. 3 25:3'? 12:3? 'mas gm:
__ };§ai8§ figafi 2%.§3%;:ui 55 f;;'€€d'S;
3,5533 :a:::¢a3:§§ '~ . _ " '%§gR;'?u:"a:f::g ffiaazgfaisre-5 ' 58;' SEE, iRa:'r;a£E:a::é::'aV, S §%:2zE., §:§ji?€':?C§:1'§€:§ w«:«.w.mmm...,.m....,._. _ ..
1,»?
And:
in 13553. kéaiaarzigégéra figéex {:QEjQCéE'3z§;iG}'} Lirziiieé, Sgfndicais $03158?
Aé; Manipai Eidupi Taluky By £23» Gtaneral Manager?
Sri V.R.§§€bbar.
2. 3:': A,S.:'~E.i§-sbbar, Agsd gbeui; '?'(} gzearx Arbfiraier, Kalpana, _ f§"£§1€X€$ ?€€a1* Ka}§a,::a 'i'a§}}<:_-i--a%$;"--.
Eiéupi. ' ' :3. S31 Bryge Rajssh Fa§$_;' .
$58. Late B,_E{.P_a:is;' V' _ _ _ :
ggsd ab01;£i4'§'§3L,V:y*%a:"€x Rfai. 'V Opg. H':>tei;'S:.ddEi'ar:h'a';V-. r 8a£m_aia7f'E§éa{i--:[;;.__ _ " ' A' f»Ii;i::g*a1"Gr5j§» _v '
--. « -- V k,z§€$;s§n<ie::':$ {B55 8:": ES.?':a;vié:€t::,"§t::';'§r§=é;,;. ';'s:iaéh:.:$u§'§:5ma Rafi? A§.Vz::cai:€ fer R3; 'R2 ssiv-z<:*ai;,;¥§§3 arsiéiéé 'v',5£::%.. éaaesi ii/GEEEQEE} ?¥'§.?' £':;' "" €954 ftéesfi unda' Bastian 3?i§§ £3? figs , ';3;;j'§::':*;'§:§a:::; éaazéé Canaciiiaiéen s%.{:'é;, agaézzsfi: EEK zjziégmani siiaisé V2L'?;'-iE§;5'Zi€%{?"€.. 'agafié £3': sigbiéraiisn Smii $33.32 '2§@% 9:": '$16:
" .§§E's:_ ;?s§i§*.feg':~.E §:é':%ii?::?::2:2aE "§§si::"§{:i éuégca E'v'§a;::gaEs::%z'€§ aéismisgéag iE:**;€ §:;§fé f§§.:_::e;§ £158 3% 5:25 §§:"'nié:*a%iic«i: azzé *$a::{:§§&é:;$§: fies? agégéiigrs'; Eézzé assisxdg éaiafi ér§;'E2[2GCE2 §€:'zS;'§€§ "bf; {ha 235% ._ fieapsgfiezzi %.:E:%:°e§n, ._ _ Agsggssgzés gaming £79: Eiémégaiaza 3233 £21 3f%;§i§§; §§:"§§L 3% géeiivsrsé €538 féééawéag: § 2 z E 2 3 Raj :JUDG£ifEZ\f'I';
Yhéss ivga ap§::€ai$ arse arising gut Qf Q16 j1;d§§§:€.,i:5;~.3.n§ €j.€€E'*vE3€ dated 2'?'.Q6.2§',={}8 §}€t$8€€fi in ;%§§5iiii::éL§§é_'§;..._ Nes.§5;'2(3@4~ and :2;2e@4% as me me Qg%»-@a%:gezdmgay Distzéesi Judge, Mangaiare, aEisn:ié:;$ing§..ihi5 $:;§:;$"§31éd"w3:§§5=:>;;i':£3 a§peHani heram ands: Sécfgian 95 Cansiderafigrz Ac: }?9§§ é;g;a:i;a5: éated G2.€Z>6{2lG§L passed $335 516 Sfiiifiiéfij resgagdenéé
2. ffisd 3 §€iriti§n before ihé. » of Rs.1,:23;63.f?E2j~ {mm '.§'fi{'é;*€s: at the raie ef 36% $8?
3;iEE'iL§§%§'§f:C33IE .-éihs éazis 0? paymefieé in tbs: figs: saga _a_§:é. .s§%:f:é:3i":v:_i Véége a aura sf R$:.39¢,$L§2€r~§5 Wiéh §3*2';['§€_;f?;3$:.L_a1;»:h§ §3,é€'"<;§V2i3% pa" §.I}§E'u€EE {mm Q36 éaie $3" $15 t zsagffieifggifiéé. E'3_,é>§:.QQ8 étiéé §h€f éaés {ref gr' gmsmi. '?i2€ $336 8? §§§§'éE:":a§: é'é_::\;'§a::{E&::§ is éigaé fizajjg Eéavfi €E'i'ié3f€{§, Ema hifs zzraizgss aggsemems éaigii E§.%2.E§%8 aafi; E3.{%«:'£E§§8. ??'3§:"z:;.c3§ axéazsisé 221:: ag':6e::2€::i; grgzaéging 322:3: ezsiéiz iigzéfirasf: 3.? afié 2'§»s:§e.3€{§v§:§}%; 5:2': éaéfazgéi '%Ef'§§§E §w»m.xxmmmmmw.mm.,.W._.-.....
ifzierresé 3.? '£16 13:5: 0f 38% pa? arzrium arzé agresimgf ti: msfey E1 336 giéggzzisg 'ii; éihs arbiiréggy. ii :3 €@:"::6::§:€;::%. §;§":1g§;§._ih€ firgi piainiififagpdéarzi izesfiri 2:139 Cffiéiiéfi sqégitabie morigage desfi in rsspeci 0:" :hic"».§{§ii; VE*:in'd a__fia'"g 'V pmperiyx '"?§':sj=; have cenzmiiéiai :-.z?E:e?;é:;:§_t ._if:- '§:sj,%:::€::';?L Thsrefere a8 §€§ 'ihe agrsegiigsm; €::f§fige:*2<~:d i§7i {3é' 'f::=ef_C»v&¢§n 5§h<_=: . gariies and as 36? 'ihe gag cf the agrsemsfit, mafia: 'VA:Li;j.,...'§1}§:A«3*--..gecarfi r€sp0::d€:2.t arbitraiarg E33 arbé:raf;;;<}§'°"i;g :::::'::<:€ {Q the?
appeHa:1iS/ has ieseived ihs:
E10'§ZiCE'Z' éfisent and csihefs are servétiiu of {£36 rsievanf: maiezriaé fiied afifiz gsragsing ¥;h€ ififfié:-S 3:36 ca:2fi_§{:ien$°e2E' fi3<: --3;g§'€€f}:é€:r:%; 3:16. gigs %€§f};§ safifiésé fiéai :3;$:"3_u:§;{"a*:';:"'*§:%':s paré ef 'éhe ap@€§§aV:'§:§fpia§:§t%ffs, V *_g:3T$!:~§6éL'--ai:": éaiséi i32:£}§.2€%@E {E25 firs: sagas a?::€§ gm Z'%:'--%,i:V2.i¢.?;j%:'%:€i"};7';'I.;;':i; égézfi gecazzéi £33813 Siggzzéigfésd ivziiiz; 'figs a.22v&:'é §a$§$€§'E:§r figs ascend rsggsazzzfisizifayégiéraéar, figs a§ps§Ea,V::2;: " §.f:$:*€~:'§ ?§'i€ giaiméééi" é"';§€3.E £336 '§;E."ia§ Cazéffg aéazzggf' '§§"§§E giaziiflééff ?*§::;:a2: azszsi 3 {£65} fifyfiiifézfififl $233 flag. E§f2{E%% aizii E_2E28%4 }@?@¥Wk<Q«'$&VA<Xc>\mu«rmrwwvrw.vwnn.... «\«\\uwnuuv«IvMmwénh\1VrL*fw!sVRX*5<l€h\'\ {,5 bsfere ihe E égddiiéamai E:3:',si§§ai'§; fizzéga 22: Réaggaisre ceniegfiing '$35: the a:c§:3§:'::'a*:ar has pzacéisdefi §<::v'~.g:}é's;«rf~:gS~V._a:: sxggafie gvvaré '%»Yi§;hO!}§L gévifig rfiasanabéé @§3g:;0::*§f;:;r:§'E:§.:';Eaf: piaintiffs,/appefiants ané wiéhouéiWjusiifyiiifgv' --§§ ' imaresi anfi reievani mat€r§aE§ ._:b€f<3i"€A.-:' Ccéizrf' ::'i:::§iué.£W',, grcxcéeéieé} :6 fiismiss {E35 $:;,i':I:«.___fiI€d .:§;_j{ §C}7.€ af§p7e.§Ez::';:VE:€r€§:1--.V arid Géher péainfiffs, €Gn§i§mi:;3 g"'v«.V%i}':€:VV'aax§§ir'a;i.VV: by tbs arbéirafier. Bang agggiigfiffici §ri:g_:;§g:}€d judgmsrzé 3,51% 026%: dazed t.%"§%svvV.§i§;3i.%3*§faii0n Sui: N03.
E5,/'2GG«i1 and presemisfi ihssfi apgeaig' H n " ' 2 " u V """ B2131, iearzzsé ceuzzseé
ap§€ari fig§? "fi::r €326 aruis-35%; §«%§.§§}" sabmiis aha: ha CQE'1f3:§Z'3S'."§§'},$S§_§:1VV€} ;8i,§§€3E$ @5133; 88 £73.? 23$ awaiézifig 05 éhs §a§e'k;:§'35§«'5:; {mm '£335 533:6 Q2' §E?§ii§%§'1 iii: iés "€?3;.§i§5i%:§'V€3§f1.'*C7§'i'*§§;§fV,'V.?§1€ mam €§§f5§§§j£§;€ E3e:;W€:*z: $25 gariéss £5 ifizai "?':;§€ §::':*.é{;e=:§§i zzwaréeé is 3:: higisy Séée arid E375 sagas is §:E3.E:§€ £5; ifs: z:2a&if§€§§ EB szzégéafiéiaés his gzibmégaisfi E16 V.:g::*EV5.és3§, réiiaéee an $326 guggsizzegzé: Sf E326 §:"§,>€}{ i':{'}?J:§""§ :13: {E26 ' s aé§& Q? ?:é:1ja§ §é Sézzfi Eamgi 2%, Effigy :'%§£§€§ Eegfifirages ~33 Qemgfiarzg RE. 52, Qtfzerg reperisii in Qfiié 55:3 {C£:2§.E} §§é, Ehefefere, ize SL:b§}"£3:E.S {hat £326 §I'}§€'i"€S§ chargsé a:_éi§;,é'-§3;:€ sf 38% {mm She @3116 3? its reiiamse may $9 r€éu;<*%%_:<:'!"{:;":§_' mes: ihs finds :35 jusiécs anfi prayg is ihrst '9,:v:%._;fi'V passsfl by the arbiéraiar 352$ {rig} €a1m',r€$§e<:iiv§Ey. « " ' V ' ' 5;. §er csnéra E€a:*:1€fiL'VV.._Vfi;ie:;;:s<§E""a§p{;ari%é;g 531* the resyfinfiems Qenfienfizé $531.6 gnfi §;2a}ard gasasd by fshe C9211': belgw anéihfléi anfi prapér fer the reaserz tanéitians of the agre€m€nij %n§§§"_"§g:iV.figéezxs §a_ym€nt of amaunt, fiié " the a:'b;it:'a:o:' and the a§'7bi*£:'av;§é:>:f"i:"z sf ihs arbétraiiafifi has gagssd {T533 ia §%;a:*é §,'%g::.¢'i5 :§i;é;-- 3fi;:tr::é" Ee:S b€€'f1 Eégéééiy Qariférmfsd 33:}; {E26 érizéé.'é.'"§i}-2;:*:L».afée: §'§$"'§p§re€:at§en $1? @2533 ané dG€1iIE1€E}."'§&I'}--' s;=:9;é§{$%;~§6 sf: yezsarfi am: i:2i€:f€§€:':c€ in éihia sama is 3&3: égiisé €%:>'%;f ;%;%"ie3:* €a:*€f7u§§3; e':9z:§E§'&:*é;3g '£325 aubmégséan 55 'aim ":ei€8?,§'Z?fi€§HCGE}.E'2$€§ ;:a;3§€a.§§:}g Eb; bsih {E36 §3.§§L§€:?§ 8;£§ afia' 'gééivzzségi 85 33:6 i2:a§:;g:1€fi jzzégzézsgzé: 3,2253 arésr gasgsfi '$33; 32% §%.3:;:*% %}6§Q*e;; azaé aissg 233:6 a;wa:"r;§ §}&SSE§ "Sf? 32% ;5§Zi"3T;:§tf3§(}:', :56 §§&'«§z@% wm»mmmmummmmu'_m_ § § {:9§§€$ 95 which am mafia avaiisefbis by the ééarnsé Qauazsei agspsasfizzg 59: $26 2':§§§Ea::%;'fi:'3éi piaiaiiffg a:1§Ma§§:é;":. £323 ggzssmeni €1':i*3E'€§ irate bsiixarfisfi ms §::3r'£3Z€8 ané Ef3¢84§?.9§8§ 'WE are Sf 2:16 ::Q:1§§&€:"§d ..A§%§<5a£f *iE':;éé arbitrator 33 weié as 31$ trial Sam': ha,¥E"fi§hfi§Z 'Vgzftezj dL_:;é"
appzecialiien sf erafi and dGcum:§::iar}%'s:vi_§.e:":Ce__ anfi Eaking into earisidsraiion §hé'«te:--:1is ani2..Vc{;na%§ii:._ifi:;;AvCfVV ilha agreement smsrssd i1::o'iEé_<é'L%§{€:er1 fhé §33;F?i§€§;«:._f§2':EwS$;§::§ {E163 V award anfi right}? Canfirmeé féhe:--: triaf'{'Q*;:f't;. Vfsfence, ares def; :16": finé 3;ny €rr€2i?°~..V5a,r:d."V.émj,i§E~::g;3:.§it}7 as si1,ci1 in fine émgugnéd judgment arééi T:)':*é$:i:3* v T1"ié:::*_€i"Qf<3€ i:2i§r;?€r€::c.="j by this fiauri: is r:$f.Cai1€d,~fa>:2.
8. :=:'o:%:2;§:%'e:: E-is irighfily by $316 isafnefi caunséi {he rate 0? intemsi frem flats {if f?iV§§1 W'vLE1e slate sf fig rrsaiizaiésn a§p$a:*:<;~.1E@«.'§€ %3zj:;3_'};<:§g':?:éi~«S:2;'d€ 321$ '$38 Efigmgd cezmsfii fez iha a§§€fia§:f: §'éas'§§as:€z:i reiéagce an $16 judgemené of %&Es<\'§,.:«EX§€:I¥'3 {ifiuri if: ':'E:€ case sf Fzznjab S2, Sisafi Bank is, Esifs, ;§?;Ei£*§"'--§§é:%é:%4:j§;€s Sgmgggzg figs £3, fiiherg zsperieé 3::
;§;§'%§i§?'}:§{'?§i:%€E§ g Wfierfién {$2.5 (jazzy: Ezsié figafi, i8 eizazzgisé 'j_€:E';z€ §;€:'§@§ia':éi}«* 9? $315 grgfmemé Sf i:':§€.§€:%'£~ ¢:;£:::;43§.é6ya:§@:: iikf €135 éaéa a::e:E gbsazzéazm £3? §f1'i€E'€$"§ 21::
aésmmsrséaé fir3;:§$;3;c%;§.<'::::»B:5:V::§s§ fzgai; an a§§s§i$a'u:{2:: 5&3' x«m««m»mmmm...WW._ .
£3 E"€CQ'£.?'€I'}? of lean Ei,1"QO§;§':i fiofig with j[f3¢S*§"E.§*323§€ éiié aria? fzziure i323:€r€:$*cPr€s§§§:"1g Gfficgy aéigweé figs ap§§i<:aI;iG13_ éiig $316 Canciusiam :0 pa}? 33:6 eu%:s€;a/ndmg_.--:§fi13€:#t:;:--fi:{-- penéanié Eéte anfi fliiiifé int§r€$:~§3-ipigeai»I:3v§S:*:1§;§s6:§"§'>y_Befs{ Recevszy Ap§6Ha{€ 7§'r§bu::a§-Efifrifiv p:3§:iA2:§§;:;~E':}:i{:fifiés:§.' $0111": arid Ceur: has r€d1;§:'€::E.__:h€V":';9gi € Qf §~1fii€*L;.i:€.E§§ fmm E8?/5 aaaggrfieé by {hes Wh€r€i:L {ha fipfix Cigar: hag théai $35 gai {he paxarer and jur§Ag dic€is:é2_'9f {he Cafifi is aha:/Egg {E16 iniérési and reducs the inier€é}'€zVV V pa, Eéaxvevsr, Civil app€avEv"f§--§Té"afT' éégérages Csmpany EL. & (}£?1er§;\E::»9;s §VZ}€{'fViV}.""%C€3§E§E"}'1":}:i"§g éhe G§'§€}" g>a3s€& mg 'the Sigh f:':a:>':1:f%;; V .,2?:§"ié:f' Z?':%a:'i§g' {E26 Igaizzefi é:@:.2§:3€§ fa: {Egg ~._a/pg§_;éiE3;;{;:: as-3 :"6§r8:;%'%é'§3;"é:ib@Ve 311$ gaeraigaé gf {E36 guégméni 9%" £;§::é ':>':;;sé2<_:€f::€é';.:j: cage 5;? fifis, Aéiieé §€?;§€?'fi.§€3 C5m§a22y §i;§;'§& Q;;t§:aé$*§.a::e:i haaférzg rsgard is figs i§a:3s3;c%;ia:3: §'}€iW"€iiE'E 2 ?,;%":€ g:3.rE;;?€s 323$ 33% éaéaizzag gaze :::;§ €315 facég ami ~. '::%:°¢:é§;:~ms:ia:2sa=:s:~ --:3§ €326 €335 £%J§i'§ ésmizg 331$ §:§fi&i§§{::3§ <2? 82% z2,§z'€5::2§::Ei azgfi Eaaxzing zsgaré ':8 {ES 123.3%: azzé €'3§:f€'i,iEfiS§8I:C€§ Q?
X 5 ;
<amw.W».vwmmm.m.m. . ,.
3:} 811$ £13 aafegziaré ihé éziiaresi Qf bfifil {E33 garéiesé iii aafezgié 's€ . H jfisi 332$ gragaay ii; aaafgré §}'."'§'§€'§€'§$'§_ at iha raw' 3%' éaig sf géiiiiézz iii: iis rgaiisaiien insifiaé £3? ' by @2215 arbitrate: ami cozzfimzeé 'vmgffihs flag sanégs Qfjiigfififi. . '4 V M V ' V 'E', F6? 1:133 f9:a2g@i*;':gi___ reaésfigg u fiispaseé sf, me.§:§riag ii-as :':ih§_a:%ii:*atar ' ' éné 8&3' j*;,:»:¥gg=I1'i£¢:r:»¥;4_§é;*:¥:1 by $33131 $321142:
_ hereifi
":§_a:~>" fiéfi i_13J§§31%:5«'3»£9§:T§j;1jV:.%;;'§ saw the éaifi j sf %
pétifiaza; tiifi 9:? 35% per ~
am by "31$:I':?§§}:,