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Arb Appln No. 1435 of 2026 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 20-08-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU Arb Appln No. 1435 of 2026 Tata Capital Ltd., By its Manager & Legal Remedial, Ram Kumar Sathya Moorthy, Having its office at 1st Floor, Centennial Square, 6A Dr Ambedkar Salai, Kodambakkam, Chennai 600 024 ..Petitioner(s) Vs
1. Prabhakar K
2. M/s.J.K.Tyres Industries Limited Sriperumbudur Tambaram Road, SH 110 Kolathur Village, Sriperumbudur Taluk, Kancheepuram District 602 106. ..Respondent(s) Judges Summon under Order XIV Rule 8 of O.S. Rules read with Section 9(II) (b), (d) & (e) of Arbitration and Conciliation Act, 1996, pryaing to direct the Respondent to furnish security for a sum of Rs.8,30,669/- within the time stipulated by this Hon’ble Court failing which directing the Garnishee to withhold an amount of Rs.8,30,669/- from and out of the salary payable to the Account No.912010054355818 in the Axis Bank Ltd of the Respondent who being employed as Senior Manager, bearing Employee Code No.20068 and deposit the same to the credit of this Application. For Petitioner(s): For Respondent: Mr.N.K.Vannan No appearance https://www.mhc.tn.gov.in/judis
Arb Appln No. 1435 of 2026 __________ Page2 of 2 K.KUMARESH BABU, J. ORDER When the matter is taken up for hearing, the learned counsel for the applicant would seek permission of this Court to withdraw this Arbitration Application. He has also made an endorsement to that effect.
2. Recording the submissions and endorsement made by the learned counsel for the applicant, this Arbitration Application stands dismissed as withdrawn. However, there shall be no order as to costs. 20-08-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No kak Arb Appln No. 1435 of 2026 https://www.mhc.tn.gov.in/judis