Telangana High Court

ARBAPPL/85/2025 of Caspian Impact Investments Private Limited Vs Fenway Pharmaceuticals Private Limited on 12 March 2026

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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: 77 OF 2025 AND ARBITRATION APPLICATION NO: 85 OF 2025 ARBITRATION APPLICATION NO: 77 OF 2025 Between:

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: 77 OF 2025

AND

ARBITRATION APPLICATION NO: 85 OF 2025

ARBITRATION APPLICATION NO: 77 OF 2025

Between:

Caspian lmpact lnvestments Private Limited, having its registered office at 203, Lodha Supremus, Senapati Bapat Marg, Lower Parel (W), Murnbai - 400 013, Maharashtra, lndia and communication address at 4th Floor, Ventur East Plaza, Plot No. 40 and 41 Financial District, Gachibowli, Hyderabad, Telangana - 500032, Rep. by its Authorised Signatory, Ms. Diksha Dubey.

...APPLICANT

AND

Mr. Akshay Navaladi, Director and Personal Guarantor of Disruptive Health Solutions Private Limited, 313, DDA SFS Flat, Hauz Khas, New Delhi- 1 10016.

Email. akshay.navalad@healthskool.com Ph.No. 91 981 1220617

Also at.C-68 -GF, Okhla Ph !, lndustrialArea, New Delhi- 110020.

...RESPONDENT

Arbitration Application under Sections 1 1(6) of the Arbitration and Conciliation Act 1996, praying that this Hon'ble Court may be pleased to appoint a sole arbitrator for the purpose of adjudication of disputes for resolving disputes arising from Personal Guarantee Deed dated 29.03.2022 rlw Credit Facility Agreement dated 29.03.2022.

.;i

Counsel for the Petitioner: Sri. Sai Sanjay Suraneni Counsel for the Respondents: Sri.

ITRA

APPLIC

NN

F 2025

Between:

caspian lmpact lnvestments Private Limited, having its registered office at 203, Lodha Suprenrus, Senapati Bapat Marg, Lower parel (W), Mumbai _ 400 013, Maharashtra, lndia and communication address at 4th Floor, Ventur East plaza, plot No. 40 and 4'l , Financial District, Gachibowli, Hyderabad, Telangana_ 500032, Rep.

by its Associatr: - Legal cum Authorised Signatory, Diksha Dubey.

..APPLICANT

ENT'

Fenway Pharnraceuticals Private Limited, 313, sFS Flat, Hauz Khas, New Delhi- 110016

EmaiLakshay. navaladi@healthskool.com.

...RESPONDENT

Arbikation ,\pplication under sections 11(6) of the Arbitration and conciliation Act 1996, praying that this Hon'ble court may be pleased to appoint a sole arbitrator for the purpose of adjudication of disputes for resolving disputes arising Deed of corporate Guarantee dated 29to3t2022 rlw credit Facility Agreemlnt dated 29103t2022

Counsel for ther Petitioner: Sri. Sai Sanjay Suraneni Counsel for the. Respondent: -- The Court madr: the following: COMMON ORDER

IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD

THE HONOURABLE SRI JUSTICE P. SAM KOSITY

Arbitration A

No.77 of

Arbitration Application No.85 of 2O25

Date of order : L2.O3.2O26

BETWEEN:

Caspian Impact Investments Private Limited

... Applicant

and

Mr. Akshay Navaladi

... Respondent

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COMMON ORDER:

The instant two arbitration applications are filed by the salne applicant against two persons belonging to the same respondent-firm.

2. Notice to the Director of respondent-Firm had been duly served, but notice to the Personal Guarantor of respondent-Firm had been returned trnserved'.

3. In spite of proper notice served on the Director of respondent-Firm, there is no representation on its behalf either in person or through counsel. Therefore, notice to the respondent-Firm is presumed to have and been served and that the respondent-Firm has not chosen to contest the case

4. The instant arbitration application is filed by the applicant under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying the Court to a-ppoint a Sole Arbitrator for the purpose of adjudication of disputes for resolving the dispute arising from Personal Guarantee Deed dated 29.O,3.2O22 read with Credit Facility Agreement dated 29.03.2022, which in it,self contains an agreement clause for settlement of a dispute, i.e., Clause (15) of the said agreement.

5. In thr: absence of any representation on behalf of the respondent- Firm, this Oourt is inclined to allow the application by appointing Mr. M. Rajender, Retired District Judge, resident of Villa No.142, Keerthi Richmond \/i11a, Suncity, Hyderabad - 5OO O86 as the sole Arbitrator to resolve the ,lispute between the parties.

6. Needle:ss to state that both parties are at liberty to raise all claims and counter claims before the arbitral Tribunal, who in turn may decide them.

7. Thereupon, the sole arbitrator shall proceed with the arbitral proceedings in accordance with law.

8. Accordingly, the Arbitration Applications are allowed. No costs.

9. As a sequel, miscellaneous petitions, pending if any, shall stand closed. //TRUE COPY'/ SD/. K.SRINIVASA RAO JOINT REGISTRAR ,/ e'r' SECTION OFFICER To

1. Mr. M. Rajender, Retired District Judge, resident of Villa No,142, Keerthi Richmond Villa, Suncity, Hyderabad - 500086. (By Special Messenger) (Along with a Copy of affidavit and material papers) Z. ifre Slction Officli, O.S. Section, High Court for the State of Telangana at Hyderabad

3. One CC to Sri. Sai Sanjay Suraneni, Advocate [OPUC]

4. Two CD CoPies PR/PSI, tu,

/ / HIGH GOURT DATED: 1210312026

COMMON ORDER

RBAPPL,NOS.77 AND 85 OF 2025 ALLOWING THESE ARBITRATION APPLICATIONS JK5 zal:tlrc .:' . ':i',' -il-lE s () 30 ilAR mffi *

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