A NO. 2156 of 2021 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 26-03-2025 CORAM THE HONOURABLE MR JUSTICE K.KUMARESH BABU A NO. 2156 of 2021 Mr.S.R.Murugadoss and another S/o Late S.S.Rajan, Both residing at H10, Jain Saagarika, Thandavarayan Street, Satyadev Avenue, MRC Nagar, Chennai 600 028 and another Applicant(s) Vs M/s.Land Marvel Homes and 4 others No.63, Old Vasantha Bhavan Adjacent Entrance, 1st Floor, L B Road, Adyar, Chennai 600 020. and 4 Others Respondent(s) For Applicant(s): Mr.E.Senthilkumar For Respondent(s): No appearance ORDER The present application has been filed to direct the respondents/ defendants to furnish Bank Guarantee for Rs.10,00,00,000/- (Rupees Ten Crores only) as additional security as per order dated 05.02.2021 made in A.No.3167 of 2020 in C.S.No.67 of 2018 within a time frame as may be fixed by this Court or in the alternative permit the applicants/ plaintiffs to proceed with the insolvency proceedings already initiated in O.N.No.12 of 2020 as per the Compromise Decree dated 25.03.2019 made in C.S.No.67 of 2018, in which the respondent/ defendants have also filed an application to set aside the Insolvency Notice. https://www.mhc.tn.gov.in/judis 2.When the matter is taken up for hearing, the learned counsel appearing on behalf of the applicants filed a letter stating that he had been instructed by the applicants/ plaintiffs to withdraw the above application and hence, he sought permission of this Court to withdraw the same. 3.Recording the letter and the said submission made by the learned counsel for the applicant, the present application is dismissed as withdrawn. 26-03-2025 Gba To 1. M/s.Land Marvel Homes and 4 others No.63, Old Vasantha Bhavan Adjacent Entrance, 1st Floor, L B Road, Adyar, Chennai 600 020. 2. M.Palaniappan S/o.VR Muthuraman. 3. M.Arivazhagan S/o.VR.Muthuraman. 4. M.Veerasekar S/o.VR Muthuraman. 5. M.Vinayagharaaj s/o.VR Muthuraman All residing at No.63 LB Road, 1st Floor, Old Vasantha Bhavan Adjacent Entrance, Adyar, Chennai 600 020 Also at No.3, Old No.2, First Main Road, Indira Nagar, Adyar, Chennai 600 020 And at No.5, 3rd Main Road, https://www.mhc.tn.gov.in/judis Indira Nagar, Adyar, Chennai 600 020. https://www.mhc.tn.gov.in/judis