OA Nos. 1123 & 1124 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 12.12.2025 CORAM THE HONOURABLE MR JUSTICE N. ANAND VENKATESH OA Nos. 1123 and 1124 of 2025 1. Ionic Engineering Technology Pvt Ltd S.No. 1,5, 12, B Wing, Ground Floor,Mahalaxmi Heights, Mumbai to Pune Road,Pimpri, Pune Applicant(s) Vs 1. Cumberland Electrochemical Pvt Ltd No.47/1, Olive Towers, Seventh Floor, Arcot Road, Porur, Chennai 600 116. 2.Tecton Engineering and Construction India Pvt Ltd No. 47/1, Olive Towers, Seventh Floor,arcot Road, Porur,chennai 3.State Bank of India Ifb Pimpri Branch, Mumbai-pune Road,opp. Kalasagar Hotel, Pune Respondent(s) OA No. 1124 of 2025 1. Ionic Engineering Technology Pvt Ltd Applicant(s) https://www.mhc.tn.gov.in/judis OA Nos. 1123 & 1124 of 2025 Vs 1. Cumberland Electrochemical Pvt Ltd 2.Tecton Engineering and Construction India Pvt Ltd No. 47/1, Olive Towers, Seventh Floor,Arcot RoadPorur, Chennai 600116 3.State Bank of India IFB Pimpri BranchMumbai-Pune RoadOpp. Kalasagar HotelPune 411034 Respondent(s) OA No. 1123 of 2025 PRAYER To pass an order of ad interim injunction restraining the 3rd Respondent bank, its officials, agents, and anyone claiming through it from in any manner permitting the invocation or marking any payment to the 1st and or 2nd respondents under the Performance Bank Guarantee No.0506823BG0000807 dated 04/08/2023, pending disposal of the present petition. OA No. 1124 of 2025 PRAYER To pass an order of ad interim injunction restraining the 1st and 2nd Respondent their officials, agents, and anyone claiming through it from in any manner invoking, seeking invocation of or making any claim under the Performance Bank Guarantee No.0506823BG0000807 dated 04/08/2023, with the 3rd respondent bank pending disposaal of the present petition. For Applicant(s): Mr.S.Jayaraman for M/S.Krishna Ravindran For Respondent: https://www.mhc.tn.gov.in/judis OA Nos. 1123 & 1124 of 2025 COMMON ORDER The learned counsel for the Applicants seeks permission of this Court to withdrawn these applications and also made an endorsement to that effect. 2. In view of the above, both these Original Applications are dismissed as withdrawn. No costs. 12-12-2025 rka Index:Yes/No Speaking/Non-speaking order Internet:Yes Neutral Citation:Yes/No https://www.mhc.tn.gov.in/judis OA Nos. 1123 & 1124 of 2025 N.ANAND VENKATESH J. rka To 1.Cumberland Electrochemical Pvt Ltd No.47/1, Olive Towers, Seventh Floor, Arcot Road, Porur, Chennai 600 116. 2.Tecton Engineering and Construction India Pvt Ltd No. 47/1, Olive Towers, Seventh Floor,arcot Road, Porur,chennai 3.State Bank of India Ifb Pimpri Branch, Mumbai-pune Road,opp. Kalasagar Hotel, Pune OA Nos. 1123 & 1124of 2025 12.12.2025 https://www.mhc.tn.gov.in/judis