M/S.Southern Petrochemical v. M/S.Kothari Industrical Corp

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 23.02.2021

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA M/s.Southern Petrochemicals Industries Corporation Limited Rep. by its General Manager (Legal) Mr.R.Venkata Krishnan, No.88, Mount Road, Guindy, Chennai - 600 032 ... Applicant Vs.

Kothari Industrial Corporation Limited Rep. by its Chairman, Mr.Pradip D.Kothari, No.114, Nungambakkam High Road, Kothari Building, 4th Floor, Chennai - 600 034 ... Respondents Prayer: Judges summons filed under Order XIV Rule 8 of OS Rules read with under Section 9 of the Arbitration and Conciliation Act, 1956, to issue an order of interim injunction, restraining the respondent from dealing with the moveable and immovable assets 1/3

morefully described in the schedule hereunder in any manner by way of sale agreement, sale deed, gift deed, power of attorney, mortgage deed, lease deed or any other mode for conveying the property. For Applicant :

Mrs.Nalini Chidambaram Senior Counsel for Mrs.C.Uma For Respondent :

Mr.T.Mahendran

ORDER

In the light of the order passed in O.P.No.361 of 2018, the learned senior counsel for the applicant in O.A.No.312 of 2018 would submit that they are not pressing the above application for the present and the application may be closed. Accordingly, the application is closed. No costs.

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