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IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03.08.2023

CORAM

THE HONOURABLE MR.JUSTICE ABDUL QUDDHOSE

O.A.No.351 of 2023

VA Tech Wabag Limited,

Rep. By its Authorised Signatory,

'WABAG HOUSE',

No.17, 200 feet Thoraipakkam-Pallavaram main road,

Sunnambu Kolathur, Chennai - 17

..

Applicant

-vs-

1.Limited Liability Company Amur Gas

Chemical Complex,

18B, Oktyabrskaya Str., Room 9,

Chernigovka Village, Svobodnensky District,

Amur Region, 676436, Russian Federation.

2.UniCredit Bank AG,

Lorenzer Platz 21, 90402,

Nurenberg, Germany.

3.The State Bank of India,

Industrial Finance Branch,

KRM Plaza, harrington Road,

Chetpet, Chennai – 31.

4.The Bank of Baroda,

Corporate Financial Services Branch,

No.74, Theagaraya Road, Chennai – 17.

..

Respondents

https://www.mhc.tn.gov.in/judis

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Petition under Section 9 of the Arbitration and Conciliation Act,

1996, has been filed seeking interim injunction restraining the respondents 1

and 2 from encashing the counter guarantee No.0993021FG0000183 issued

by the third respondent and counter guarantee No.2403PER002941421

issued by the fourth respondent based on the application made by the

applicant in terms of the Supply Contract dated 29.10.2021.

For Applicant

: Mr.Abishek Jenasenan

For R2

: Ms.Hema Srinivasan

& Hazarika

For R3

: Mr.M.L.Ganesh

For R4

: No Appearance

R1 - returned

ORDER

Learned counsel for the applicant seeks permission of this Court to

withdraw this application. He has also made an endorsement to that effect

in the court bundle. Recording the said submission, this application is

dismissed as withdrawn. No Costs.

03.08.2023

rkm

https://www.mhc.tn.gov.in/judis

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ABDUL QUDDHOSE, J.

rkm

O.A.No.351 of 2023

03.08.2023

https://www.mhc.tn.gov.in/judis