Arb.Appeal No.8 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24.02.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ Arb. Appeal No.8 of 2025 and C.M.P.No.2706 of 2025 M/s.Vidvedaa PRG Aero and Ports Voyage Private Limited, rep. by its Director, Vanchinathan Thangavel, Olympia Teknos Park, Level-4, Plot No.28, SIDCO Industrial Estate, Guindy, Chennai-600 032. ... Appellant Vs. The Director, Airport Authority of India, Chennai Airport, Chennai-600 016. ... Respondent Prayer : Appeal under Section 37 of the Arbitration and Conciliation Act, 1996 read with Section 13(1) of the Commercial Courts Act against the interim award dated 19.01.2025 passed by the Sole Arbitrator in I.A.No.1 of 2024 in Arbitration Case No.8 of 2024. ____________ p. 2 Arb.Appeal No.8 of 2025 For Appellant : Mr.T.Gowthaman Senior Counsel for Mr.Muthucharan Sundresh For Respondent : Mr.AR.L.Sundaresan Senior Counsel for Mr.P.Rajkumar Jhebakh JUDGMENT (Delivered by the Hon'ble Chief Justice) After the appeal was heard for some time, learned counsel, on instructions, sought leave to withdraw the appeal with liberty to approach the learned Arbitrator for a direction as to whether appellant could instead of depositing the amount of Rs.35 crores as directed under paragraph 7(i) of the order dated 19.1.2025, give a bank guarantee for the whole amount or part of the amount. 2. It is open to appellant to apply and it is open to respondent to oppose any such application and the Arbitrator will pass suitable orders, if an application is made. We express no opinion. ____________ p. 3 Arb.Appeal No.8 of 2025 3. We hasten to add, at the cost of repetition, that we have not expressed any opinion on this leave sought by Shri Gowthaman. Appeal is dismissed as withdrawn, with liberty as prayed for. There shall be no order as to costs. Consequently, interim application is closed. (K.R.SHRIRAM, C.J.) (MOHAMMED SHAFFIQ,J.) 24.02.2025 Index : Yes/No NC : Yes/No sasi To: The Sub Assistant Registrar Original Side, High Court, Madras. ____________ p. 4 Arb.Appeal No.8 of 2025 THE HON'BLE CHIEF JUSTICE AND MOHAMMED SHAFFIQ ,J. (sasi) Arb.Appeal No.8 of 2025 24.02.2025 ____________