Valeth Hightech Composites (P) Ltd v. Advanced Systems Laboratory

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 28.10.2024

CORAM

THE HONOURABLE MR.JUSTICE M.DHANDAPANI W.P.No.29991 of 2024 and W.M.P.No.32694 of 2024 Valeth Hightech Composites (P) Ltd., Represented by its Venkatraman Sundaresan, Deputy General Manager, 56, Kazhipattur, Padur Post, Kelambakkam, Chennai-603 103.

... Petitioner Vs.

1. The Advanced Systems Laboratory, Defence Research and Development Organization, Dr.A.P.J.Abdul Kalam Missile Complex, PO, Kanchanbagh, Hyderabad-500058.

2.The Manager, HDFC Bank, Trade Finance Department, Radha Krishnan Salai, Chennai-600 004.

... Respondents PRAYER : Petition filed under Article 226 of the Constitution of India praying for issuance of Writ of Mandamus, to forbear the respondents to

encash the Bank guarantees submitted by the petitioner in connection to Supply Order dated 10.07.2020 vide Supply Order No.ASL/DA1P/R/DA1P/0133/19/1042/1020 as well as impugned letter dated 27.09.2024.

For Petitioner : Mr.N.V.Balaji For R1 : Mr.Ramanamoorthy

O R D E R

Today, when the matter is taken up for hearing, the learned counsel appearing for the petitioner seeks permission of this Court to withdraw this petition. He has also made an endorsement to that effect.

2. Recording the said submission made by the learned counsel for the petitioner, this Writ Petition is dismissed as withdrawn. No costs. Consequently, connected miscellaneous petition is closed. 28.10.2024 NCC: Yes / No Index : Yes / No Speaking Order : Yes / No ssb To

1. The Advanced Systems Laboratory, Defence Research and Development Organization, Dr.A.P.J.Abdul Kalam Missile Complex, PO, Kanchanbagh, Hyderabad-500058.

2.The Manager, HDFC Bank, Trade Finance Department, Radha Krishnan Salai, Chennai-600 004.

M.DHANDAPANI,J.

ssb and W.M.P.No.32694 of 2024 28.10.2024