M/S.Equitas Small Finance Bank Ltd. v. Mr.Suvarta Shantaram Parvatkar And 3 Others

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 20.08.2020

CORAM

THE HONOURABLE MR. JUSTICE N. SATHISH KUMAR M/s.Equitas Small Finance Bank Limited 4th Floor, Phase-II, Spencer Plaza, 769, Anna Salai, Chennai, Tamil Nadu - 600 002 Represented by its Authorised Signatory K.Siva Raja Pandian (Emp.No.36197) ... Applicant Vs.

1.Suvarta Shantaram Parvatkar 2.Roshan Shantaram Parvatkar 3.Manoj Nimbaji Gawai 4.The Manager, State Bank of India, Main Branch, Popatkhed Road, Akot Dist Akola, Maharashtra, Branch Code 3296.

... Respondents Application filed under Order XIV Rule 8 of O.S. Rules read with Section 9 (ii)(b) & (e) of Arbitration & Conciliation Act, 1996, to pass an order prohibiting the Garnishee/Respondent 4 not to release any amount Page 1/3

from the Account 31875968351 in the name of Suvarta Shantaram Parvatkar which is operated by the respondent 1 up to sum of Rs.2,55,556.24 and further direct respondent/Garnishee 4 deposit up to the said amount before this Court to the credit of the above application pending initiation and disposal of arbitration proceedings between the applicant and the respondents and till enforcement of the award that may be ultimately passed in the arbitration proceedings.

For Applicant : Mr.A.Damodaran

O R D E R

Today, when the matter was taken up for hearing through video conferencing, learned counsel for the applicant sought permission of this Court to withdraw this application.

Recording the submission made by the learned counsel for the applicant, this application is dismissed as withdrawn. 20.08.2020 mkn Internet : Yes Index : Yes/No Speaking order / Nonspeaking order Page 2/3

N. SATHISH KUMAR, J.

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