2026:JHHC:312 IN THE HIGH COURT OF JHARKHAND AT RANCHI Arbitration Appeal No. 01 of 2024 ----- 1. Sanjay Kumar Singh, aged about 55 years, son of Shri. Jageshwar Prasad Singh, resident of Duplex No. 33, Phase 5, Vijaya Heritage, Kadma, P.O. & P.S.-Kadma, TownJamshedpur, District-East Singhbhum, Jharkhand-831005 2. Rajiv Ranjan, aged about 54 years, son of Shri. Birendra Kumar Singh, resident of Flat No. 3412, Vijaya Heritage, Kadma, P.O. & P.S.-Kadma, Town Jamshedpur, District- East Singhbhum, Jharkhand-831005 3. M/s Highco Industries Private Limited, having its registered office at B-23/25, Phase-I, Adityapur Industrial Area, Adityapur, P.O. & P.S. Adityapur, Town Jamshedpur, District-Seraikela Kharsawan, Jharkhand through its Director Sanjay Kumar Singh, aged about 55 years, son of Shri. Jageshwar Prasad Singh, resident of Duplex No. 33, Phase 5, Vijaya Heritage, Kadma, P.O. & P.S.-Kadma, Town Jamshedpur, District-East Singhbhum,Jharkhand-831005. … … … Appellants Versus 1. Anirudha Kumar Sahu, aged about 77 years, son of Late S.N. Sahu, resident of MA-67, New Housing Colony, Near Sai Mandir, Adityapur, P.O. & P.S.-Adityapur, District- Seraikela Kharsawan, Jharkhand- 831013. 2. Tapas Kumar Sahu, aged about 45 years, son of Shri. Anirudha Kumar Sahu, resident of House No. 3513, Satmala Block, 6thPhase, Vijaya Heritage, Marine Drive, Kadma, P.O. & P.S.-Adityapur, Town Jamshedpur, District- Seraikela Kharsawan, Jharkhand-831005. 3. Satyajit Sahu, aged about 53 years, son of Late S. Sahu, resident of House No. 2002, Kailash Block, 3rdPhase, Vijaya Heritage, Marine Drive, Kadma, P.O. & P.S.-Adityapur, Town Jamshedpur, District-Seraikela Kharsawan, Jharkhand-831005. 4. Highco Engineers Private Limited, having its registered office at G07 & G8, 1stPhase, Adityapur Industrial Area, P.O. & P.S.-Adityapur, District-Seraikela Kharsawan, Jharkhand-832109 … … … Respondents ------- CORAM:HON’BLE MR. JUSTICE ARUN KUMAR RAI ------- For the Appellants :Mr. Rohit Ranjan Sinha, Advocate For the Respondents :Ms. Shruti Shekhar, Advocate ------ 2026:JHHC:312 Order No.17/Dated07thJanuary, 2026 1. Mr. Rohit Ranjan Sinha, learned counsel for appellants and Ms. Shruti Shekhar, learned counsel for respondents are present before this Court. 2. Joint submission has been made before this Court that matter has been amicably settled between the parties. 3. Mr. Sinha submitted that in view of the abovesaid development, appellants do not want to pursue the present appeal and in view of abovesaid development, appellants want to withdraw the present appeal. 4. In view of above stated prayer, this arbitration appeal is dismissed as withdrawn. 5. All pending I.As., if any, stand closed. (Arun Kumar Rai, J.) 07th January, 2026 Rajnish/Suman 2.