1 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 01.09.2025 CORAM THE HONOURABLE MR. JUSTICE N. ANAND VENKATESH Arb.Appln. No.1232 of 2025 Fortune Biotech Ltd., (CIN:U2423OTG1993PLC016149) Rep. by its Managing Director Mr.Vikhyat Annam Having its Office at 6-6-125, Annam Gardens, Kavadiguda Secunderabad-500 380 ..Applicant (Also having its Registered Office at B-6, Phase-I, Cooperative Industrial Estate CIE Balangar, Hyderabad Tirumalagiri, Telangana, India 500037 Email id: info@fortunebiotech.com .Vs. Madras Fertilizers Limited (CIN:L32201TN1966GO1005469) Rep. by its Chairman & Managing Director Having its Registered Office at No.2, Manali Chennai 600 068. ..Respondent Email id: cs@madrasfert.co.in Application filed under Order XIV Rule 8 of the Original Side Rules r/w Section 9(ii)(b) of the Arbitration and Conciliation Act, 1996, to direct the Respondent to furnish security by way of either a bank guarantee or a deposit with this Application before this Hon'ble Court for an amount of Rs.6,00,23,176/- https://www.mhc.tn.gov.in/judis 2 N. ANAND VENKATESH, J. kp (Six Crorres Twenty-three Thousand One Hundred Seventy-Six Only), being the value of purchases made by the Respondent from the applicant during the financial year 2024-2025, which serves as reasonable estimate of the sum payable by the Respondent to the Applicant under the terms of the Agreement for formulation and supply of Neem Products dated 30/04/1997 entered into between the Applicant and the Respondent, in respect of the financial year 2025-2026. For Applicant : M/s.Sriram Venkatavaradan ORDER In the light of the order passed in OA.No.856 of 2025, dated 01.09.2025, this application is closed. 01.09.2025 2/2 kp Madras Fertilizers Limited (CIN:L32201TN1966GO1005469) Rep. by its Chairman & Managing Director Having its Registered Office at No.2, Manali, Chennai 600 068. Arb.Appln. No.1232 of 2025 https://www.mhc.tn.gov.in/judis