M/S.Haven Infra Projects And Power Ltd. v. Oxyzo Financial Services Private Limited And Another
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION) MONDAY, THE 16TH DAY OF MARCH 2020 THE HON'BLE MR. JUSTICE N.SATHISH KUMAR O.A.No.1040 of 2019 In the matter of Arbitration and Conciliation Act, 1996 And In the matter of Finance Agreement dated 28.01.2019, 27.03.2019, 06.05.2019, 17.05.2019 M/S.HAVEN INFRA PROJECTS AND POWER LTD.
Represented by its Chief Executive Officer D.R.Jaya Kothandaraman No.25 New 1 Thomas Nagar, Saidapet, Chennai-600 015.
..Applicant -Vs1. OXYZO FINANCIAL SERVICES PRIVATE LIMITED, E 6, First Floor Green, Park Extension, New Delhi-110 016.
2. DEUTSCHE BANK AG 4-4A Western Tower Shafi Mohammed Road, Thousand Lights, Chennai - 6.
..Garnishee O.A.No.1040 of 2019:
Original Application praying that this Hon'ble Court be pleased to pass an order of Temporary Injunction restraining the respondent from invoking the bank guarantees, bearing No.916BGG1900027 dated 24/01/2019 Bank for a sum of Rs.25,00,000 No.916BGG1900126 dated https://hcservices.ecourts.gov.in/hcservices/ 22/03/2019 by Deutsche bank for a sum of Rs.60,00,000/-
NO.916BGG1900177 by Deutsche Bank dated 03/05/2019 for a sum of Rs.15,00,000/- NO.916BGG1900211 by Deutsche Bank Dated 16/05/2019 for a sum of Rs.25,00,000/- any third party.
This Original Application coming on this day before this court for hearing the court made the following order:
The learned counsel appearing for the applicant seeks permission of this Court to withdraw this application and also made an endorsement to that effect.
2. In view of the submission of the learned counsel appearing for the applicant and the endorsement made, this application is dismissed as withdrawn.
Sd/-N.S.K.J.
16.03.2020 //Certified to be a true copy// Dated this the day of 2020.
su/15.05.2020 COURT OFFICER(O.S.) From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.
https://hcservices.ecourts.gov.in/hcservices/