Telangana High Court
ARBAPPL/34/2025 of M/s. HSR Ventures Pvt. Ltd., Vs M/s. Sri Venkatadri Enterprises on 12 March 2026
IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THURSDAY, THE TWELFTH DAY OF MARCH TWO THOUSAND AND TWENTY SIX PRESENT THE HONOURABLE SRI JUSTICE P.SAM KOSHY ARBITRATION APPL ICATIO N NO: 34 OF 2025 Between: AND M/s. HSR Ventures Pvt. Ltd., a Private Limited Company Reg' Office at H' No'
IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD
THURSDAY, THE TWELFTH DAY OF MARCH
TWO THOUSAND AND TWENTY SIX
PRESENT
THE HONOURABLE SRI JUSTICE P.SAM KOSHY
ARBITRATION APPLICATION NO: 34 OF 2025
Between:
AND
M/s. HSR Ventures Pvt. Ltd., a Private Limited Company Reg' Office at H' No'
8-2-6}3t23t3and8-2-603/23,Level2HSRSummit,RoadNo"l0'Banjara iills -S6OOa+ represented by its Managing Director Sri. D. Srinivas Reddy, S/o.
Late D. Baleswar ReddY.
...Applicant
1.M/s.SriVenkatadriEnterprises,AregisteredPartnershipFirm,represented by its Managing Partner Mekala Seetharam Reddy' S/o' Late M Penta nLOOy, ng"d"rb-out 7S years, Occ Business Fl/o Flat No 104' Jublee Tree npartmeni Road No. 0'1 , Green hills Colony' Kothapet, Hyderabad 500035'
2. Mekala Seetharam Reddy, S/o M. Penta Reddy, Aged about 75 years'
-Occ'
Business, Residential Adiress: Flat No. 104, Jubilee Tree Apartment, Road No. 01, Green hills Colony, Kothapet, Hyderabad 500035
3. Mekala Malla Reddy, S/o M. Penta Reddy, Aged bout 72 years' Occ'
Business, Residentiil Address: Flat No. 301 , Ram',s Residency Apartment, Saidabad, SBH'C Colony Hyderabad 500059
4. S. Ram Reddy, S/o S. Raji Reddy, Aged about 78 years, Occ Business Residential Adiress: H. No. 16-2-752/l('100, Sai Ram Colony, Opposite Shiva Ganga Theatre, Saidabad, Hyderabad 500060
5. S. Krishna Reddy, S/o S. Raji Reddy, Aged about 66 years' Occ Bu-siness'
Residential Address: H.No. i6-1-27lB/A, Road No 4, Jaya Nagar Colony'
Saidabad, HYderabad 500059
6. P. Gopal Yadav, S/o. Late P.Parameswara Yadav, Aged about 54 years' Occ'
-
Business, Residential Address: H'No 1-3-183/49-8' Gandhi Nagar'
Hyderabad
T.Smt.P.RukminiYadav,W/o.P.KrishnaYadav,Agedabout54years,occ..
HouseWife,ResidentialAddress:H'No'1-3-183/40/A'StreetNo'11'lng Vysya Bank Building' Kavadiguda, Musheerabad, Hyderabad'
8. P. Krishna Yadav, S/o. Late P. Parameshwar Yadav Aged about 56 years'
-occ.Business,ResidentialAddress:H.No.1-3.183/40/A,StreetNo.11,lng Vysya Bank Building, Kavadiguda, tvlusheerabad' Hyderabad'
9. S. Jayapal Reddy, S/o. S. Narsimha Reddy, Aged ar)ut 54 years, Occ.
Business, Residential Address: H.No. 10-1-721101, Fla \lo. 101 , Shiva Sai Nilayam, Shiva Sai Nagar, peerzadiguda, Ghatkesar, Me r iltelli, Ranga Reddy Telangana - 500098
10.S. Bharat Reddy, S/o. S. Narsimha Reddy, Aged atr rut 53 years, Occ.
Software, Residentiat Address: H.No. B-i-58/4/a/p, Jyrthi Naga, dofony, Karmanghat, Saroor Nagar, Hyderabad 500079.
11.Smt. P. Anuradha Yadav, W/o p. Gopal yadav, Aged a r,rut 54 years, Occ.
House Wife, Residential Address: H.No. 1-S_183/4(-t3, Ga;dhi i\ag;, Hyderabad
...Res pondents
Arbitration Application under section 1 1(6) of the Arbitratior and conciliation Act 1996 r/w Scheme for appointment of Arbitrators praying that flr r High Court may be pleased to appoint an arbitrator to resolve the dispute betweer he applicant and the respondents for specific performance of Deveropment Agreerr --nt - cum - Generar Power of Attorney dated 31-12-2022 by directing them to regist rr the said document in respect of the property bearing H. No. 13-7-1 , survey No. . part and 5 part, in total admeasuring about 3,511 Sq. yds., situated at Gautam rJ rgar, Gaddiannaram, Ranga Reddy District, as demanded in the Notice dated Arbitration Clause No. 42,.
l1-11-2024 invoking
Counsel for the Applicant : Ms. Deepika Jain represenr ng Ms. A Anasuya, Advocate Counsel for the Respondent Nos. 1,2,4,5,6,9,1O and 11
: Sri. Venkata Pradeep Vr a
The Court made the following: ORDER
IN THE HIGH COURT r.OR THE STATE OF TELANGANA
AT HYDERABAD
THE HONOURABLE SRI JUSTICE P. SAM KOSHY
Arbitration Anolication No.34 of 2025
Date of order : 12.o3.2026
BETWEEN:
M/s.HSR Ventures Pvt. Ltd.
... Applicant
arrd
M/s.Sri Venkatadri Enterprises and 10 others . Respondents
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ORDER:
The instant Arbitration Application has been hled by the applicant under Sub-section (6) of Section 11 of the Arbitration and Conciliation Act, 1996 praying the Court to appoint a sole arbitrator to resolve the dispute between the applicant and 4espondents arising out of specihc performance of a Development Agreement - cum - General Power of Attorney, dated 31.12.2022 entered into between the parties; and to direct the respondents to register the said document in respect of property bearing H.No.13-7-1, Survey No.4 Part and 5 Part, total \
admeasuring 3,511 Sq.Yds., situated at Gautam Nag:', Gaddiannaram, Ranga Reddy District
2. Heard Ms. Deepika Jain, learned counsel ap rr31-ing on behalf Ms.Anasuya, learned counsel for the applicant; and 14 :.Venkata Pradeep Vaitla, learned counsel for respondent Nos.1, 2, 4, 5. : 9, iO a:rd l l.
3. It is the case of applicant-Company that the ir rad entered into a Memorandum of Understanding dated 06.04.2017 .r t.h the partners of M/s. Sri Venkatadri Enterprises for developing the s r Lltject property into commercial complex on H.No. l3-7-1, Survey No.4 Par : and 5 part, totaily admeasuring 3,511 Sq.Yds., situated at Gautam Ne1eu, Gaddiannaram, Ranga Reddy District; the applicant-Company tc ( [.: up development works in the subject property as per the plan appr rved by the GHMC, and after completion of development work in the s urbject property the: same would be shared by the applicant and resporr lents in the ratio o[ 45:55; the respondents are partners of M/s. Sri Ver l.:atadri Enterprises, therefore, they shall share 55Yo of the developr:, L property amongst themselves in their profit sharing ratio as p€ r the re-constituted Partnership Deed dated 19 .o5.2o22 entered into :etween partners .f respondent No.l-Firm; since disputes arose betu < :n respondents and respondent Nos.7 and 8 did not come forward [,r register the said I I
DAGPA, the said Develsprngl5 Agreement _ cum - General power cf Attorney (DAG.A), dated 31.12.2022, could not be registered and the same got delayed which affected the applicant-Company since it \^,as nor able to secure loans to carry out developm premises. 'cvcropment work in the subject'
It is the further case of applicant that, in those circumstances, it had got issued an arbitration notice dated 1 I .1 1 .2024 to ali the respondents by invoking Arbitration Clause No.41 in the DAGPA, dateri 31.12.2022; despire recelvrng of notice by the respondents, the respondent Nos.7 and g lailed to give reply to the notice issued by the applicant-Company
5. Therefore, left rrvith no other option, the instant arbitration application came to be frled by the applicant_Company.
On 07.03.2025, notice was ordered to the respondents 7' considering the factual matrix of the case a,d also the contentio.s put forth on either side, this court is inclined to arow the Arbitrarion Application. Accordingly, this Court appoints Justice A. Gopal Reddy, \ (retired Judge), resident of plot No.SlI, phase_Ill, Road No.g6, I l
Jubilee llills, Hyderabad - 5OO O33' Mobile No'96( 32 52OO1' as the sole Arbitrator to resolve trre interse dispute between t ne parties'
8. l'leedless to state that both parties are at liber. 1 to raise all claims ald counter claims before the sole arbitrator who irt turn shall conduct the arbitration proceedings in accord'ance with pr< visions of the Act' The venue of arbitration shall be decided mutually t" the parties subject to corisultation and agreement of the learned Arbitrrt c'r' The fee payable to the learned Arbitrator shall also be decided mutrrr lly by the parties in consu.ltation and agreement with the learned Arbitrir or'
Accordingly, the Arbitration Application stand ; eillorved' No costs.
10. As a sequel, miscellaneous petitions, pendirt; if any, shall stand closed SD/. I ,V.S.S.C.S.M. SARMA .II )INT REGISTRAR //TRUE COPY// SECTION OFFICER
1. Sri Justice A. Gopal Reddy' (retired Judge) resident : Plot No 511' Phase-lll' Road No. 80, Jubilee fii!,tft"eia"o1"o,]{oooaa, r4':bile No e603252001' (By special ru".."ng"')iii"i'g ;ith a Copy ot affidavit and material papers)
2. One CC to Ms. A Anasuya, Advocate [OPUC]
3. One CC to Sri. Venkata Pradeep Vaitla, Advocate [C I UC]
4. Two CD Copies \ ,I I To, DL/BA
HIGH COURT DATED: 12t0312026 C' r] 2 ti 1alR 2ffi .L,
ORDER
ARBAPPL.N o'34 of 2025 ALLOWING THE ARBITRATION APPLICATICII I blab \,l*li,*t,i:; b o.-