Rr Thulasi Builders (I) Pvt. Ltd v. Opg Power Generation Private Limited

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 22.01.2024 CORAM :

THE HONOURABLE MR.JUSTICE C.SARAVANAN and A.Nos.5498 and 5499 of 2023 M/s.R R Thulasi Builders (I) Private Limited, Represented by its Managing Director R.R.Sathiyamurthi, "Sakthi Mahal", No.63, Perundurai Road, Erode - 638 011.

... Petitioner Vs.

1.M/s.OPG Power Generation Private Limited, Nos.6 and 8, Sardar Patel Road, Guindy, Chennai - 600 032.

2.Punjab National Bank, Mylapore, 150, Luz Church road, Chennai - 600 004.

... Respondents Prayer: Execution Petition is filed under Order XXI Rules 46 and 46A of the Code of Civil Procedure, 1908, praying to pass an order attaching the bank accounts of the first respondent/Judgment Debtor described in the schedule hereunder and consequential order prohibiting the second respondent/Garnishee from giving it over or transferring any sums to the first respondent/Judgment Debtor or any third parties in terms of Order XXI Rule 46 of CPC. 1/3

For Petitioner : Mr.P.Sengottuvel Senior Counsel for Mr.K.R.Nishanth For Respondents :

For R1 : Mr.Rahul Balaji For R2 : No appearance

ORDER

The learned counsel for the petitioner submits that the matter has been settled out of Court amicably between the parties and nothing survives for further adjudication. He has filed a Settlement Agreement dated 20.01.2024 to that effect. Hence, seeks permission of this Court to withdraw this petition and he has also made an endorsement in the Court bundle.

2. Recording the submission and also the endorsement made by the learned counsel for the petitioner, this Execution Petition is dismissed as withdrawn. No costs. Connected Applications are closed. 22.01.2024 Index : Yes/No Internet : Yes/No Speaking Order/Non-Speaking Order arb C.SARAVANAN, J.

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arb and A.Nos.5498 and 5499 of 2023 22.01.2024 3/3