Tako Mega Constructions Pvt.Ltd., v. M/S.Hando Precison Pvt.Ltd.,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 16.04.2025

CORAM

THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE TAKO MEGA CONSTRUCTIONS PVT. LTD., Rep. by its Managing Director, Mr.KIM YONG CHEORL, No.Plot No.5 and 6, S. No.79/5B2, Meeu Manor, Poonamalle Bypass Road, Poonamallee, Chennai - 600 056.

... Petitioner Vs.

M/s.HANDO PRECISION Pvt. Ltd., Rep. by its CEO, Mr.KIM MIN SOO Regd. Office:

Survey Nos.1467/1 and 1467/2, VRP Chatram village, Sriperumbudur Taluk, Kancheepuram District - 602 105.

Also having site address at:

Survey No.25/1A to 53/6, Araneri Village, Araneri Main Road, Araneri, Sriperumbudur Taluk, Kancheepuram District - 602 106.

... Respondent PRAYER: Petition filed under Section 11 of the Arbitration and Conciliation Act, 1996 for appointment of arbitrator/s as per clause No.25 of the construction agreement dated 25.04.2022 between the petitioner and the respondent for resolving the disputes between the petitioner and the 1/3

respondent.

For Petitioner :

Mr.S. L. Sudarsanam For Respondent :

Dr. A. Thiyagarajan

ORDER

In view of the fact that the petitioner has already approached the MSME Council with regard to the very same claim, which is the subject matter of this O.P., the learned counsel for the petitioner seeks permission of this Court to withdraw this petition and prosecute the proceedings initiated by the petitioner against the respondent before the MSME Council. He has made an endorsement to that effect in the Court bundle.

2. In terms of the endorsement made by the learned counsel for the petitioner, this petition is dismissed as withdrawn. 16.04.2025 Index : Yes/No Speaking Order : Yes / No ab 2/3

ABDUL QUDDHOSE. J., ab 16.04.2025 3/3