KATTA SRINIVASU vs M/S. IKF FINANCE LIMITED Advocate - V.V.L.N.PURNESH — CRP/2345/2022

Case under Code of Civil Procedure Section 115. Disposed: --ALLOWED NO COSTS on 10th April 2026.

Case disposed

CNR: APHC010571502022

Filing Number

CRP/46628/2022

Filing Date

21-Oct-2022

Registration No

CRP/2345/2022

Registration Date

17-Nov-2022

Judge

Ravi Nath Tilhari , Balaji Medamalli

Coram

Ravi Nath Tilhari , Balaji Medamalli

Bench Type

Division Bench

Judicial Branch

CIVIL Section

Decision Date

10-Apr-2026

Nature of Disposal

--ALLOWED NO COSTS

Last updated 14-May-2026

Acts & Sections

Code of Civil Procedure Section 115

Petitioner(s)

  1. 1.KATTA SRINIVASU

    Adv. P V A PADMANABHAM

Respondent(s)

  1. 1.M/S. IKF FINANCE LIMITED Advocate - V.V.L.N.PURNESH

  2. 2.The Branch Manager

  3. 3.Katta Venkata Subba Lakshmi,

Case History

  1. Case disposedDisposed

  2. 10-Apr-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

  3. 10-Apr-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

    Summary The High Court of Andhra Pradesh set aside an arbitration award and bank attachment order, finding that a sole arbitrator unilaterally appointed by IKF Finance Limited lacked jurisdiction. The court held that the Finance Company's Legal Manager, who appointed the arbitrator, fell under ineligible categories under Section 12(5) of the Arbitration Act read with the Seventh Schedule, and therefore could not unilaterally nominate the arbitrator—even the arbitrator himself lacked jurisdiction to pass the award. The court ruled no valid waiver existed as required under Section 12(5), making the award non-executable. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 12-Mar-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

  5. 12-Mar-2026

    Admission

    Ravi Nath Tilhari , Balaji Medamalli

  6. 11-Mar-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

  7. 11-Mar-2026

    Admission

    Ravi Nath Tilhari , Balaji Medamalli

  8. 09-Mar-2026

    Admission

    Ravi Nath Tilhari , Balaji Medamalli

  9. 02-Mar-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

  10. 02-Mar-2026

    Admission

    Ravi Nath Tilhari , Balaji Medamalli

  11. 24-Feb-2026

    Ravi Nath Tilhari,balaji MedamalliView PDF

  12. 24-Feb-2026

    Admission

    R Raghunandan Rao , T.c.d.sekhar

  13. 10-Feb-2026

    Admission

    R Raghunandan Rao , T.c.d.sekhar

  14. 10-Feb-2026

    Admission

    R Raghunandan Rao , T.c.d.sekhar

  15. 03-Feb-2026

    Admission

    R Raghunandan Rao , T.c.d.sekhar

  16. 20-Jan-2026

    Admission

    R Raghunandan Rao , T.c.d.sekhar

  17. 04-Dec-2025

    Ravi Nath Tilhari,maheswara Rao KuncheamView PDF

  18. 15-Oct-2025

    For Orders

    Ninala Jayasurya , Tuhin Kumar Gedela

  19. 08-Oct-2025

    For Orders

    Ninala Jayasurya , Tuhin Kumar Gedela

  20. 22-Sep-2025

    Ninala Jayasurya,tuhin Kumar GedelaView PDF

  21. 22-Sep-2025

    For Orders

    Ninala Jayasurya , Tuhin Kumar Gedela

  22. 17-Sep-2025

    Ninala Jayasurya,tuhin Kumar GedelaView PDF

  23. 17-Sep-2025

    Admission

    Ninala Jayasurya , Tuhin Kumar Gedela

  24. 10-Sep-2025

    Ninala Jayasurya,tuhin Kumar GedelaView PDF

  25. 31-Jul-2025

    Admission

    B Krishna Mohan , A. Hari Haranadha Sarma

  26. 10-Jul-2025

    B Krishna Mohan,a. Hari Haranadha SarmaView PDF

  27. 16-Dec-2022

    Admission

    A V Sesha Sai , Duppala Venkata Ramana

  28. 02-Dec-2022

    A V Sesha Sai,duppala Venkata RamanaView PDF

  29. 02-Dec-2022

    For Admission

    A V Sesha Sai , Duppala Venkata Ramana

  30. 18-Nov-2022

    A V Sesha Sai,duppala Venkata RamanaView PDF

  31. 18-Nov-2022

    First hearing

    Initial hearing scheduled

  32. 21-Oct-2022

    Case filed

    Registration No. CRP/2345/2022

casestatus.in Summary

Summary The High Court of Andhra Pradesh set aside an arbitration award and bank attachment order, finding that a sole arbitrator unilaterally appointed by IKF Finance Limited lacked jurisdiction. The court held that the Finance Company's Legal Manager, who appointed the arbitrator, fell under ineligible categories under Section 12(5) of the Arbitration Act read with the Seventh Schedule, and therefore could not unilaterally nominate the arbitrator—even the arbitrator himself lacked jurisdiction to pass the award. The court ruled no valid waiver existed as required under Section 12(5), making the award non-executable. This case analysis is maintained by casestatus.in based on publicly available court records.

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