Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 8, Cited by 0]

Karnataka High Court

Mr. Satyanarayana Murthy Milkkilineni vs M/S Terrasol Sustainability Solutions ... on 26 June, 2023

Author: R Devdas

Bench: R Devdas

                                              -1-
                                                      NC: 2023:KHC:21995
                                                          RP No. 456 of 2018
                                                       C/W RP No. 32 of 2020



                   IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                          DATED THIS THE 26TH DAY OF JUNE, 2023

                                           BEFORE

                            THE HON'BLE MR JUSTICE R DEVDAS

                             REVIEW PETITION NO. 456 OF 2018
                                          C/W
                             REVIEW PETITION NO. 32 OF 2020

                   IN R.P.NO.456 OF 2018
                   BETWEEN:

                   TERRASOL SUSTAINABILITY SOLUTIONS LLP
                   A LIMITED LIABILITY PARTNERSHIP FIRM
                   HAVING ITS REGISTERED OFFICE AT NO. 43,
                   ELECTRONICS CITY, PHASE II,
                   HOSUR ROAD, BENGALURU-560 100,

                   REPRESENTED BY ITS AUTHORISED
                   REPRESENTATIVE
                   MS. ANJU PRAKASH.
                                                                ...PETITIONER
                   (BY SRI. KARAN JOSEPH, ADVOCATE)
Digitally signed
by JUANITA
THEJESWINI         AND:
Location: HIGH
COURT OF
KARNATAKA          1.     MR. SATYANARAYANA MURTHY MILKKILINENI
                          SON OF MR. KUTUMBAYYA,
                          AGED ABOUT 79 YEARS,
                          RESIDING AT HOUSE NO. 63 & 64,
                          RMV 2ND STAGE,
                          CENTRAL EXCISE HBC LAYOUT,
                          BOOPASANDRA,
                          BENGALURU-560 094.

                          SINCE DECEASED
                          REPRESENTED BY HIS LEGAL LR'S
                           -2-
                                 NC: 2023:KHC:21995
                                     RP No. 456 of 2018
                                  C/W RP No. 32 of 2020



1(A) MRS. INDUKUMARI
     W/O LATE MR. SATYANARAYANA
     MURTHY MIKKILINENI
     AGED ABOUT 80 YEARS
     R/AT HOUSE No.63
     5TH CROSS, CENTRAL EXCISE HBC LAYOUT
     RMV 2ND STAGE
     BENGALURU - 560 094

1(B) MR. KRISHNA PRASAD MIKKILINENI
     S/O LATE MR. SATYANARAYANA
     MURTHY MIKKILINENI
     AGED ABOUT 60 YEARS
     R/AT HOUSE No.63
     5TH CROSS, CENTRAL EXCISE HBC LAYOUT
     RMV 2ND STAGE
     BENGALURU - 560 094

1(C) MRS. LAKSHMI BOBBA
     D/O LATE MR. SATYANARAYANA
     MURTHY MIKKILINENI
     AGED ABOUT 54 YEARS
     R/AT 7637, DON BUDGE AV
     BATON ROUGE, LA 70810 USA

1(D) MS. SUPRIYA TUMMALA (KONERU)
     W/O MR. KRISHNAKANTKONERU
     AGED ABOUT 34 YEARS
     R/AT No.9, RADHIKA NILAYA
     1ST FLOOR, SAI MANDIR ROAD
     VSR LAYOUT
     KADUGODI, BENGALURU - 560 067.

1(E)   MR. SUJAYENDRA TUMMALA
       S/O MR. SUBRAMANYESHWARA RAO TUMMALA
       AGED ABOUT 33 YEARS
       R/AT No.9, VS REDDY LAYOUT
       KADUGODI, BENGALURU - 560 067.

1(F)   MR. DHARMIK SAI MIKKILINENI
       S/O KRISHNA PRASAD MIKKILINENI
       AGED ABOUT 23 YEARS
                           -3-
                                 NC: 2023:KHC:21995
                                     RP No. 456 of 2018
                                  C/W RP No. 32 of 2020



     R/AT HOUSE No.63
     RMV 2ND STAGE
     CENTRAL EXCISE HBC LAYOUT
     BOOPASANDRA
     BENGALURU - 560 094

2.   MR. B. V. NAIDU
     SON OF MR. PRABHAKAR RAO,
     AGED ABOUT 52 YEARS,
     RESIDING AT NO. 1007,
     JACARANDA,
     BRIGADE MILLENNIUM,
     J. P. NAGAR, 7TH PHASE,
     BENGALURU-560 078.

3.   MS. BANDARU APARNA
     WIFE OF MR. B. V. NAIDU,
     AGED ABOUT 43 YEARS,
     RESIDING AT NO. 1007,
     JACARANDA,
     BRIGADE MILLENNIUM,
     J. P. NAGAR 7TH PHASE,
     BENGALURU-560 078.

4.   SAGITAUR VENTURES INDIA PVT. LTD.,
     HAVING ITS REGISTERED OFFICE AT NO. 43,
     ELECTRONIC CITY, PHASE II,
     HOSUR ROAD,
     BENGALURU-560 100,

     REPRESENTED BY ITS AUTHORISED SIGNATORY,
     MR. B. V. NAIDU.
                                      ...RESPONDENTS

(BY SRI. C.K. NANDAKUMAR, SR. COUNSEL FOR
    SRI. SHIVARAMA KRISHNAN, ADVOCATE FOR R1 (A TO F)
    SMT. TANISHA SUNIL, ADVOCATE FOR
    SRI. LOMESH KIRAN NIDUMURI, ADVOCATE FOR R2 & R3
    V/O DATED 12.03.2019 NOTICE TO R4 IS DISPENSED
    WITH)
                            -4-
                                 NC: 2023:KHC:21995
                                      RP No. 456 of 2018
                                   C/W RP No. 32 of 2020



      THIS REVIEW PETITION IS FILED UNDER ORDER 47 RULE
1 R/W SECTION 114 OF CPC, PRAYING TO REVIEW THE ORDER
DATED 05/11/2018 IN WRIT PETITION NO. 3516/2016 C/W
CIVIL   MISCELLANEOUS PETITION       NO. 255/2014 (AT
ANNEXURE B), TO THE LIMITED EXTENT OF DELETING THE
REFERENCE TO THE PETITIONER'S COUNSEL HAVING
CONTENDED THAT THE TERM SHEET IS A NON-BINDING
DOCUMENT / NON-CONCLUDED CONTRACT AND THAT UNDER
THE SAME THE PARTIES AGREED TO ENTER INTO FURTHER
AGREEMENT, AND GRANT SUCH OTHER AND FURTHER RELIEFS
AS ARE JUST.

IN R.P.NO.32 OF 2020
BETWEEN:

MR. SATYANARAYANA MURTHY MILKKILINENI
S/O. SRI. KUTUMBAYYA,

SINCE DECEASED BY LR:

SRI. DHARMIK SAI MIKKILINENI
S/O KRISHNA PRASAD MIKKILINENI
AGED ABOUT 23 YEARS
R/AT NO. 63 , RMV 2ND STAGE,
CENTRAL EXCISE HBC LAYOUT,
BOOPASANDRA,
BENGALURU 560094
                                           ...PETITIONER

(BY SRI.C.K. NANDAKUMAR, SR. COUNSEL FOR
    SRI. SIVARAMAKRISHNANAN M.S., ADVOCATE)

AND:

1.     M/S TERRASOL SUSTAINABILITY SOLUTIONS LLP
       A LIMITED LIABILITY PARTNERSHIP FIRM
       HAVING ITS REGISTERED OFFICE AT NO. 43,
       ELECTRONICS CITY, PHASE II, HOSUR ROAD,
       BENGALURU 560100.
       REP BY ITS AUTHORIZED REPRESENTATIVE
       MR. ANJU PRAKASH
                           -5-
                                 NC: 2023:KHC:21995
                                     RP No. 456 of 2018
                                  C/W RP No. 32 of 2020



2.   MR. B V NAIDU
     S/O PRABHAKAR RAO,
     AGED ABOUT 55 YEARS
     R/AT NO. 1007, JACARANDA,
     BRIGADE ILLENNIUM,
     JP NAGAR, 7TH PHASE,
     BENGALURU 560078

3.   MS. BANDARU APARNA
     W/O. B V NAIDU,
     R.AT NO. 1007, JACARANDA,
     BRIGADE MILLENNIUM,
     JP NAGAR, 7TH PHASE,
     BENGALURU 560078

4.   M/S. SAGITAUR VENTURES INDIA PVT LTD
     HAVING ITS REGISTERED OFFICE AT 43,
     ELECTRONICS CITY, PHASE II, HOSUR ROAD,
     BENGALURU 560100.
     REP. BY ITS B V NAIDU
                                        ....RESPONDENTS
(BY SRI. AJAYKUMAR M, ADVOCATE)

     THIS REVIEW PETITION IS FILED UNDER ORDER 47 RULE
1 R/W SECTION 114 OF CPC, PRAYING TO
1. REVIEW THE ORDER DATED 05/11/2018 PASSED BY THIS
HON'BLE COURT IN WP NO. 3516/2016 C/W CMP NO.
255/2014 (ANNEXURE-A)
2. PROVIDE CLARIFICATION OF PARAGRAPH 22 OF THE
IMPUGNED ORDER AT ANNEXURE-A BY DIRECTING THE
TRIBUNAL TO TRY AND ADJUDICATE THE ISSUE WITH
RESPECT TO STAMP DUTY PAYABLE ON THE TERM SHEET AS A
PRELIMINARY ISSUE.
3. PASS ANY SUCH FURTHER ORDERS AS THIS HON'BLE
COURT MAY DEEM FIT IN THE INTEREST OF JUSTICE AND
EQUITY.

     THESE PETITIONS, COMING ON FOR ADMISSION, THIS
DAY, THE COURT MADE THE FOLLOWING:
                              -6-
                                     NC: 2023:KHC:21995
                                         RP No. 456 of 2018
                                      C/W RP No. 32 of 2020



                    COMMMON ORDER

R.DEVDAS J., (ORAL):

     These two review petitions arise out of an earlier

order passed by this Court in W.P No.3516/2016 c/w CMP

No.255/2014 dated 05.11.2018. By the said order two of

the learned retired judges of this Court were appointed as

Arbitrators and were requested to choose an umpire/

presiding Arbitrator and to proceed with the matter in

accordance with clause (23) of the term sheet/agreement

dated 27.08.2014 and adjudicate the dispute on merits

between the parties.        Therefore, both these review

petitions are clubbed, heard together and disposed of by

this common order.


     2.    After the matter was referred for arbitration and

the arbitral tribunal proceeded accordingly, one of the

parties i.e., M/s. Terrasol Sustainability Solutions LLP filed

a review petition in R.P No.456/2018 with a prayer to

delete a portion of the order of reference, which according

to the said review petitioner was a statement said to have
                                   -7-
                                           NC: 2023:KHC:21995
                                                   RP No. 456 of 2018
                                                C/W RP No. 32 of 2020



been made by the learned counsel appearing for the said

party, but it was a statement which was wrongly recorded.

Therefore, only to that extent the review petition was filed.


     3.     On     the    other         hand,     the     other     party

Mr.Satyanarayana Murthy Milkkilineni filed another review

petition   in    R.P   No.32/2020         seeking       clarification    of

paragraph No.22 of the original order of reference and

with a prayer to direct the arbitral tribunal to try and

adjudicate the issue with respect to stamp duty payable on

the term sheet as a preliminary issue.


     4.     Learned Senior counsel Sri. C.K. Nandakumar,

appearing for the review petitioner in R.P No.32/2020

submits    that    one    of    the      main     issues     raised      by

Mr.Satyanarayana         was    that      the     term      sheet       was

insufficiently stamped.        Infact during the course of the

proceedings in a petition filed under Section 9 of the

Arbitration and Conciliation Act, this issue was raised and

the trial Court took note of the objections raised and after

impounding the document, it was sent for adjudication and
                                -8-
                                        NC: 2023:KHC:21995
                                            RP No. 456 of 2018
                                         C/W RP No. 32 of 2020



the petitioner was called upon to pay the stamp duty along

with penalty as adjudicated. The same was paid. However,

during    the   course   of   the    proceedings   of   the     Civil

Miscellaneous    petition,    the    review   petitioner   in    R.P

No.32/2020, once again raised an issue of insufficient

stamp duty, on the ground that the articles that are

applicable would be Article 5(g), 5(i)(d),12,5(j) 6(2), 12,

22, 29 and 41(4) of the Karnataka Stamp Act and not

Article 5(c) as was determined by the trial Court.            While

considering this aspect to the matter, this Court, while

noticing the fact that there was an adjudication at the

hands of the trial Court, however, directed that if it is

found by the arbitral tribunal that the agreement is to be

brought under any other article of the Stamp Act, it can be

done so. Consequently, with the said terms of reference,

the reference for arbitration was made by this Court by

order dated 05.11.2018.


     5.     Learned Senior counsel however submits that in

view of the latest decision of the Hon'ble Supreme Court in
                               -9-
                                       NC: 2023:KHC:21995
                                           RP No. 456 of 2018
                                        C/W RP No. 32 of 2020



the   case    of   M/s.   N.N.Global    Mercantile   Private

Limited Vs. M/s. Indo Unique Flame Ltd and others

decided on 25.04.2023,          the majority view of      the

Constitution Bench is that if a document is not stamped or

insufficiently stamped, the same cannot be acted upon, in

view of Section 35 of the Stamp Act. In that view of the

matter, learned Senior counsel would submit that in view

of the recent decision of the Hon'ble Supreme Court, this

Court should declare that the arbitral tribunal cannot

proceed with the arbitration.


      6.     Per contra, learned counsel appearing for the

respondents in R.P No.32/2020 and the review petitioner

in R.P No.456/2018 jointly submit that insofar as the

arbitrations which have commenced in terms of the

directions given by the High Courts or by the Supreme

Courts, the judgment in the case of M/s. N.N.Global

(supra) does not say anything.         Even otherwise, having

regard to the facts and circumstances of this case, it is

submitted that since the adjudication has already been
                             - 10 -
                                      NC: 2023:KHC:21995
                                             RP No. 456 of 2018
                                          C/W RP No. 32 of 2020



held at the hands of the trial Court and this Court while

noticing the said adjudication had permitted the contesting

party to raise such an issue before the arbitral tribunal and

the arbitral tribunal were requested to consider such an

objection regarding insufficiency of the stamp duty.



     7.     Attention of this Court is drawn to paragraph

No.107(V)    of   the   judgment     in   the   case   of   M/s.

N.N.Global (supra).      Learned counsel had pointed out

from the said paragraph that the Hon'ble Supreme Court

had made it clear that if objection is raised that a

document is insufficiently stamped, and it appears to the

Court to be on the face of it, wholly without foundation,

the Court may make the Reference on the basis of the

existence of an Arbitration Agreement otherwise and then

leave it open to the Arbitrator to exercise the power under

Section 33, should it become necessary. In that view of

the matter it is submitted by the learned counsels that

going by the prayer made by the review petitioner in R.P

No.32/2020 wherein it was only requested that this Court
                             - 11 -
                                     NC: 2023:KHC:21995
                                         RP No. 456 of 2018
                                      C/W RP No. 32 of 2020



should direct the arbitral tribunal to consider the issue of

insufficiency of stamp duty as a preliminary issue and

therefore, merely because a subsequent judgment is

rendered at the hands of the Supreme Court, the review

petitioner should not be permitted to make a prayer before

this Court to bring an end to the arbitral proceedings.


     8.    Learned counsels would draw the attention of

this Court to the explanation provided to Order 47 Rule 1

of CPC.   Learned counsels submit that the explanation

clearly provides that it shall not be a ground for review, if

the judgment relied upon earlier has been subsequently

reversed or modified by a subsequent decision of a

superior Court.


     9.    Heard the learned Senior counsel Sri. C.K.

Nandakumar for the review petitioner in R.P No.32/2020

who also appeared for the respondents in the other review

petition, the learned counsels for the review petitioner in

R.P No.456/2018 and the respondents in R.P No.32/2020

and perused the review petition papers.
                             - 12 -
                                     NC: 2023:KHC:21995
                                         RP No. 456 of 2018
                                      C/W RP No. 32 of 2020




     10.   Insofar as the contention of the learned Senior

counsel regarding the effect of the decision of the Hon'ble

Supreme Court in the case of M/s. N.N.Global (supra)

and his consequent prayer to bring an end to arbitrary

proceedings are concerned, this Court is of the considered

opinion that such a prayer cannot be acceded to.         As

rightly pointed out by the learned counsels on the other

side, Order 47 Rule 1 of CPC, makes it clear that merely

because a subsequent judgment is rendered by a superior

Court reversing or modifying the earlier position of law, it

shall not be a ground for review.    Moreover, the Hon'ble

Supreme Court itself has clarified the position that if the

Court considering the petition under Section 11, comes to

a conclusion that an objection regarding insufficiency of

the stamp duty is wholly without foundation, it should not

prevent the Court from directing the arbitral tribunal to

consider such an issue.    In the present context, where

such an objection was allowed at the hands of the trial

Court, adjudication of the stamp duty was made at the
                                - 13 -
                                        NC: 2023:KHC:21995
                                               RP No. 456 of 2018
                                            C/W RP No. 32 of 2020



hands of the competent authority and admissible stamp

duty along with penalty was collected and thereafter,

another objection was raised for looking into a few other

provisions of the Stamp Act, this Court had directed that

the tribunal shall consider such an objection and proceed

in accordance with law.       Therefore, at any rate, having

regard to the factual position obtained in the present case,

this Court is of the considered opinion that the arbitral

tribunal should proceed further to consider such an

objection raised at the hands of the review petitioner in

R.P   No.32/2020      for   consideration     of    the    objections

regarding insufficiency of the stamp duty as a preliminary

issue.   In that view of the matter, the review petition in

R.P 32/2020 should be allowed.


      11.   Insofar    as   the     other    review       petition   is

concerned, learned counsel for the review petitioner in R.P

No.456/2018, has drawn the attention of this Court to

paragraph No.20 of the order dated 05.11.2018 in W.P

No.3516/2016 c/w CMP No.255/2014.                  Learned counsel
                               - 14 -
                                         NC: 2023:KHC:21995
                                                RP No. 456 of 2018
                                             C/W RP No. 32 of 2020



submit that it was only stated by the learned counsel

appearing for the petitioner therein i.e., M/s. Terrasol

Sustainability Solutions LLP that the other side has

unequivocally   admitted     that      the   term   sheet   was   a

non-binding document between the parties and was

subject to further agreement to be executed for bringing

into effect the proposal made down under the term sheet.

However, while recording the arguments of the learned

counsel    appearing   for    M/s.       Terrasol    Sustainability

Solutions LLP in paragraph No.8 of the same order it was

stated that the learned counsel would contend that the

term sheet is a non-binding document between the parties

and was subject to further agreements. In this regard, the

review petition has been filed only to clarify that the

statement recorded in paragraph 8 of the order was

wrongly recorded and it should not be held against the

party.


     12.   At this juncture, learned counsel for the review

petitioner in R.P No.456/2018 and learned counsel for the
                             - 15 -
                                     NC: 2023:KHC:21995
                                         RP No. 456 of 2018
                                      C/W RP No. 32 of 2020



respondent in other review petition submit that arbitral

tribunal had gone ahead with the proceedings and had

reserved the matter for passing the award.       However, in

view of one of the parties bringing to the notice of the

arbitral tribunal, the decision of the Hon'ble Supreme

Court in the case of M/s. N.N.Global (supra), the arbitral

tribunal has recalled the order reserving the matter for

award and has passed another order on 19.06.2023

directing re-listing of the matter on 26.06.2023.         The

learned counsel do not dispute the fact that the matter

was adjourned on 26.6.2023.


     13.   It is also brought to the notice of this Court that

the arbitral tribunal had considering the plea of the other

party regarding consideration of the issue of insufficiency

of stamp duty as a preliminary issue and had passed an

order on 07.08.2019 that the same will not be heard as a

preliminary issue and on the other hand, the question will

be considered along with the main matter.
                              - 16 -
                                           NC: 2023:KHC:21995
                                               RP No. 456 of 2018
                                            C/W RP No. 32 of 2020



     14.     Having gone through the entire order dated

05.11.2018, this Court is convinced that prayer made in

the review petition No.456/2018 is also required to be

allowed.


     15.     Insofar as the opinion of the arbitral tribunal

that the question regarding insufficiency of the stamp duty

will not be heard as a preliminary issue and it will be

considered along with the main matter, having regard to

the established position of law which has been reiterated

once again in the recent decision of the Hon'ble Supreme

Court in the case of M/s. N.N.Global (supra), the arbitral

tribunal is to consider such an objection as a preliminary

issue and a finding has to be given on the said issue.


     16.     Consequently, this Court proceeds to pass the

following:

                           ORDER

1. The review petition in R.P No.456/2018 is allowed.

- 17 -

NC: 2023:KHC:21995 RP No. 456 of 2018 C/W RP No. 32 of 2020

2. It is clarified that the observations made in paragraph No.8 of the order dated 05.11.2018 shall not be held against M/s. Terrasol Sustainability Solutions LLP, having regard to the position clarified in paragraph No.20, as noticed herein above.

3. The review petition No.32/2020 is allowed.

4. The arbitral tribunal is requested to consider the issue of insufficiency of the stamp duty raised at the hands of the review petitioner as a preliminary issue and pass the orders.

5. Ordered accordingly.

Sd/-

JUDGE SKS