← Library
Madras High CourtOA/351/2023withdrawn dismissed

Va Tech Wabag Limited, Represented By Its Authorized Signatory v. Limited Liability Company Amur Gas Chemical Complex And 3 Others

2023-08-03Honourable Mr Justice Abdul Quddhose3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03.08.2023

CORAM

THE HONOURABLE MR.JUSTICE ABDUL QUDDHOSE O.A.No.351 of 2023 VA Tech Wabag Limited, Rep. By its Authorised Signatory, 'WABAG HOUSE', No.17, 200 feet Thoraipakkam-Pallavaram main road, Sunnambu Kolathur, Chennai - 17 ..

Applicant -vs1.Limited Liability Company Amur Gas Chemical Complex, 18B, Oktyabrskaya Str., Room 9, Chernigovka Village, Svobodnensky District, Amur Region, 676436, Russian Federation.

2.UniCredit Bank AG, Lorenzer Platz 21, 90402, Nurenberg, Germany.

3.The State Bank of India, Industrial Finance Branch, KRM Plaza, harrington Road, Chetpet, Chennai - 31.

4.The Bank of Baroda, Corporate Financial Services Branch, No.74, Theagaraya Road, Chennai - 17.

..

Respondents

Petition under Section 9 of the Arbitration and Conciliation Act, 1996, has been filed seeking interim injunction restraining the respondents 1 and 2 from encashing the counter guarantee No.0993021FG0000183 issued by the third respondent and counter guarantee No.2403PER002941421 issued by the fourth respondent based on the application made by the applicant in terms of the Supply Contract dated 29.10.2021. For Applicant : Mr.Abishek Jenasenan For R2 : Ms.Hema Srinivasan & Hazarika For R3 : Mr.M.L.Ganesh For R4 : No Appearance R1 - returned

ORDER

Learned counsel for the applicant seeks permission of this Court to withdraw this application. He has also made an endorsement to that effect in the court bundle. Recording the said submission, this application is dismissed as withdrawn. No Costs.

03.08.2023 rkm

ABDUL QUDDHOSE, J.

rkm O.A.No.351 of 2023 03.08.2023