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Madras High CourtCMP/15184/2026withdrawn dismissed

Navera Infratech Private Ltd., (Borrower) v. Protium Finance Ltd.,

2026-06-23Honourable Mr.Justice K.Kumaresh Babu4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 23-06-2026

CORAM

THE HON'BLE MR.JUSTICE K.KUMARESH BABU in Arb.Appeal SR.No.95628 of 2026

1. Navera Infratech Private Ltd., (Borrower) Villa C 9 Myans Luxury Villas Maya St, Mayajaal Multiplex, Kannathur, Reddykuppam, East Cost Road, Chennai 603 112.

2. Subha Potaboyina (Co Borrower) Villa C 9 Myans Luxury Villas Maya St, Mayajaal Multiplex, Kannathur, Reddykuppam, East Cost Road, Chennai 603 112.

3. B. Rao (Co-Borrower) Villa C 9 Myans Luxury Villas Maya St, Mayajaal Multiplex, Kannathur, Reddykuppam, East Cost Road, Chennai 603 112.

..Appellant(s) Vs

1. Protium Finance Ltd., Formerly Known as Growth Source Financial, Technologies Ltd., and Prior to that it was Known as Growth Source Financial Technologies Pvt ltd., Having office at Nirlan Knowledge Park (NKP) B2, Seventh Floor, Pahadi Village, Office the Western Express

Highway, Cama Industrial EstateGoregaon (E), Mumbai, Maharashtra 400063.

2. The Branch Manager ICICI Bank, No.236, Velachery Main Road, Selaiyur, Chennai 073.

3. The Branch Manager Indian Overseas Bank, No.257, East Coast Road, Kannathur, Reddykuppam, Kannathur, Kancheepuram 603 112.

4. The Branch Manager HDFC Bank, No.1, Camp Road, Selaiyur, Kancheepuram 600073.

..Respondent(s) PRAYER:- Civil Miscellaneous Petition filed to accept the cause title show in the above Arbitration Appeal and pass such further or other suitable order/orders as this Honble Court.

For Appellant(s):

Mr.M.Sheik Allaudin for M/s.Isaac Chambers

ORDER

The present Civil Miscellaneous Petition filed to accept the cause title show in the above Arbitration Appeal.

2. Today, when the matter is taken up for hearing, the learned counsel

appearing for the petitioner sought permission of this Court to withdraw the present petition and had also made an endorsement to that effect in the Court bundle.

3. Recording the said endorsement, the present Civil Miscellaneous Petition stands dismissed as withdrawn. As a sequel, Arb.Appeal S.R.No.95628 of 2026 is also closed.

23-06-2026 Index: Yes/No Speaking/Non-speaking order GBA

K.KUMARESH BABU, J.

GBA in Arb.Appeal SR.No.95628 of 2026 23-06-2026