M/S.Magma Fincorp Limited v. M/S.Thiruchitambalam Projects

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 29.07.2020

CORAM:

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Application No. 670 of 2018 M/s.Magma Fincorp Limited, registered office at Magna House, No.24, Park Street, Kolkata-700 016.

Branch office at Navin's Presidium, 7A, B-Block, New No.17-19, Old No.103, Nelson Manickam Road, Chennai-600 029.

represented by its Senior Executive Legal, Mr.S.Godson Vinokaran ... Applicant Vs.

1. M/s. Thiruchitambalam Projects Limited, Old No.19, New No.50, Bhagirathi Ammal Street, Pin-600 017 Having registered office at No.126, Thiruchittambalam Building K.P.Road, Chettikulam Junction, Nagercoil-629 001.

And also corporate office at No.26/56, Balakrishnan Street, Arya Gowda Road, West Mambalam, Chennai-600 033.

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2. Mr.S.K.Revimaniyen

3. Chellathurai Suresh

4. NRN Selvarajan

5. Sudar Kodi Ravi

6. Managing Director, Electronics Corporation of Tamil Nadu Limited, 692, M.H. U. Complex, II Floor, Anna Salai, Nandanam, Chennai-600 035.

7. Executive Director, Engineering Projects India Ltd., 3D, EC Chambers, 92, GN Shetty Road, T.Nagar, Chennai-600 017.

8. Chief Engineer, Tamil Nadu Police Housing Corporation Ltd., No.132, E.V.R.Salai, (Poonamallee High Road) Kilpauk, Chennai-600 010.

9. Managing Director, Chennai Metro Rail Limited, Admin Building, CMRL Depot, Poonamallee High Road, Koyambedu, Chennai-600 107.

Tamil Nadu, India.

... Respondents PRAYER: Application filed under Order XIV Rule 8 of O.S.Rules r/w Sec.9(2)(b) of the Arbitration and Conciliation Act, 1996, praying to issue a 2/4

prohibitory order prohibiting the respondents 6 to 9/Garnishees from making any payment to the respondents 1 to 5 and prohibit the respondents 1 to 5 from receiving any funds from the Garnishees and direct the respondents 6 to 9 /garnishees to deposit a sum of Rs.34,59,648/- approximately lying in their hands to the credit of the above application. For Applicant :

Mr.V.Balasubramani For Respondents For R1 :

Mrs. R.Indumathy For R2, R4 & R5 :

Mr.E.C.Ramesh For R6 :

M/s.King & Patridge For R9 :

Mr.Jayesh B.Dolia

O R D E R

The learned counsel appearing for the applicant seeks to withdraw this application and he has sent an endorsement through e-mail to that effect.

2. In view of the submission of the learned counsel appearing for the applicant and endorsement made, this application is dismissed as withdrawn.

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N. SATHISH KUMAR, J.

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